Refex Industries Limited — New Orders, 24-01-2025: Bagging/Receiving of orders/contracts

Venwind Refex Power Limited (VRPL), a subsidiary of Refex Industries, has secured an order from Torrent Solar Power Private Limited for the supply of wind turbine generators (WTGs) and tubular towers for a 153.7 MW wind power project in Karnataka. This marks VRPL's inaugural contract in this domain. The scope includes the supply, testing, and commissioning of WTGs, along with technical assistance and operation and maintenance services. The project is scheduled for execution by April 16, 2026. This development presents a positive outlook for Refex, expanding its footprint in the renewable energy sector and potentially boosting financial performance as the demand for sustainable power increases. Investors should monitor this growth trajectory closely.