Refex Renewables & Infrastructure Ltd — Important, 05-09-2026: Company Update

Refex Renewables & Infrastructure Limited's wholly-owned subsidiary, Refex Green Power Limited, has secured a Letter of Award from SJVN Limited for an 80-MW Wind Power Project in Kurnool, Andhra Pradesh. This award involves a 25-year Power Purchase Agreement, with power supplied at a tariff of ₹3.88 per kWh. Revenue will accrue over the agreement's tenure based on actual energy supplied, not a fixed contract value. The full project capacity is targeted for commissioning within 24 months from the Power Purchase Agreement's effective date, enhancing the company's renewable energy portfolio.