Refex Industries Subsidiary VRPL Secures 148 MW Wind Turbine Generator Contract
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
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.68% | -13.53% | -20.08% | -40.57% | -45.33% | +1,243.90% |
















































