Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has won a tender and received a letter of award dated August 05, 2026 from Solar Energy Corporation of India Ltd (SECI), a Government of India Enterprise. The award is for setting up an 80-MW Wind Power Project with Project ID: WPD-ISTS-T20-RGPL-Pl-80MW.

Key Project Details:

  • Project Capacity: 80 MW
  • Project Location: Kurnool, Andhra Pradesh
  • Awarding Entity: Solar Energy Corporation of India Ltd (Government of India Enterprise)
  • Nature of Contract: Wind Power Developer (WPD)
  • Domestic/International: Domestic entity

Contract Terms:

  • SECI shall enter into a Power Purchase Agreement (PPA) with RGPL (or its SPV) within the framework of RfS No. SECI/C&P/IPP/12/0003/26-27 dated April 21, 2026
  • PPA Duration: 25 years
  • Tariff Awarded: ₹3.85 per kWh
  • Scheduled Commissioning: The full capacity must be commissioned within 24 months from the Effective Date of the PPA

Ownership and Related Party Considerations:

  • No promoter/promoter group/group companies have any interest in SECI, except direct/indirect shareholding in RGPL
  • The contract does not qualify as a related party transaction