Refex Industries Subsidiary VRPL Secures 148 MW Wind Turbine Generator Contract

1 min read     Updated on 18 Dec 2025, 08:50 PM
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Shriram SScanX News Team
Overview

Refex Industries announced that its subsidiary Venwind Refex Power Limited (VRPL) has secured a significant contract to supply 148 MW wind turbine generators for wind power projects in Tamil Nadu. The domestic contract with a leading independent power producer includes comprehensive supply and technical services, positioning the company as a reliable supplier in India's expanding renewable energy market.

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Refex Industries has announced that its subsidiary, Venwind Refex Power Limited (VRPL), has successfully secured a significant contract to supply wind turbine generators for renewable energy projects. The contract involves the supply of 148 MW wind turbine generators for wind power projects with a leading independent power producer.

Contract Details

The contract represents a notable business win for Refex Industries' subsidiary in the renewable energy sector. The following table summarizes the key contract parameters:

Parameter: Details
Subsidiary: Venwind Refex Power Limited (VRPL)
Capacity: 148 MW
Equipment Type: Wind Turbine Generators
Client: Leading Independent Power Producer
Project Location: Tamil Nadu
Contract Type: Domestic

Scope of Supply and Services

The contract encompasses comprehensive supply and technical services for the wind power project. VRPL will be responsible for:

  • Supply of WTGs for the project
  • Related technical and supervisory assistance
  • Design, procurement, manufacturing, assembly, packaging, marking, loading and supply of the WTG
  • Compliance with contract terms, applicable laws and prudent wind industry practices

Strategic Significance

This contract award highlights Refex Industries' positioning in the renewable energy equipment supply chain through its subsidiary VRPL. The company has demonstrated its capability to secure contracts with major independent power producers, which are key players in India's renewable energy landscape.

The 148 MW capacity represents a substantial order that will contribute to the expansion of wind power generation capacity in Tamil Nadu. The project aligns with India's focus on expanding renewable energy capacity and reducing dependence on conventional power sources.

Business Impact

The contract win strengthens Refex Industries' presence in the renewable energy sector through its subsidiary operations. This development positions VRPL as a reliable supplier in the wind energy equipment market, potentially opening doors for future opportunities in the growing renewable energy sector.

The successful securing of this domestic contract demonstrates the company's ability to compete effectively in India's expanding wind power market and contribute to sustainable energy solutions.

Historical Stock Returns for Refex Industries

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-1.68%-13.53%-20.08%-40.57%-45.33%+1,243.90%
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NTPC Green Energy Declares 37.925 MW Solar Capacity Commercial at Khavda Project

1 min read     Updated on 17 Dec 2025, 09:28 AM
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Reviewed by
Ashish TScanX News Team
Overview

NTPC Green Energy Limited has declared commercial operation of the fifth part capacity of 37.925 MW from its 300 MW Khavda Solar Energy Project in Gujarat, effective December 18, 2025. This addition increases NTPC Green Energy Group's commercial capacity to 7,889.335 MW and total installed capacity to 7,927.26 MW, while bringing the entire NTPC group's total capacity to 85,541 MW.

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NTPC Green Energy Limited has officially declared the commercial operation of the fifth part capacity of 37.925 MW from its 300 MW Khavda Solar Energy Project in Gujarat. The company filed the mandatory disclosure under Regulation 30 of SEBI Listing Regulations on December 17, 2025, with the commercial operation effective from 00:00 hours of December 18, 2025.

Project Details and Capacity Addition

The newly operational capacity forms part of the 300 MW Khavda Solar Energy Project located in Gujarat under the 450 MW Hybrid Tranche V Project. NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, is executing this project. The following table summarizes the key project parameters:

Parameter: Details
Capacity Added: 37.925 MW
Total Project Size: 300 MW
Project Type: Solar Energy
Location: Khavda, Gujarat
Parent Project: 450 MW Hybrid Tranche V
Commercial Operation Date: December 18, 2025

Impact on Group Capacity

With this addition, NTPC Green Energy Limited Group's current commercial capacity has reached 7,889.335 MW, while the total installed capacity of the NGEL Group has increased to 7,927.26 MW. More significantly, the total installed and commercial capacity of the entire NTPC group has now reached 85,541 MW, marking a substantial milestone in the company's renewable energy expansion.

Regulatory Compliance and Documentation

The disclosure was filed by Company Secretary and Compliance Officer Manish Kumar on behalf of NTPC Green Energy Limited. The notification was submitted to both the National Stock Exchange of India Limited (Scrip Code: NTPCGREEN) and BSE Limited (Scrip Code: 544289) in compliance with SEBI regulations.

NTPC Limited, as the parent company, also filed a corresponding disclosure through Executive Director (Finance) Aditya Dar, informing stakeholders about this development by its step-down subsidiary. The parent company trades on NSE under the symbol NTPC and on BSE with scrip code 532555.

Strategic Significance

This capacity addition represents NTPC's continued commitment to expanding its renewable energy portfolio through its subsidiary NTPC Green Energy Limited. The Khavda Solar Energy Project is part of a larger hybrid project strategy that combines solar and other renewable technologies to optimize power generation efficiency and grid stability.

Historical Stock Returns for Refex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.68%-13.53%-20.08%-40.57%-45.33%+1,243.90%
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