Refex Renewables & Infrastructure Ltd — Important, 06-08-2026: Company Update

Refex Renewables & Infrastructure Limited's wholly-owned subsidiary, Refex Green Power Limited, has secured a Letter of Award from Solar Energy Corporation of India Ltd. to develop an 80-MW Wind Power Project in Kurnool, Andhra Pradesh. This project involves a 25-year Power Purchase Agreement with a tariff of 3.85/ kWh. The full capacity is expected to be commissioned within 24 months from the PPA's effective date. This award strengthens the company's footprint in the renewable energy sector and ensures a long-term revenue stream for its subsidiary.