Refex Renewables touches the roof as its arm wins 80-MW wind power project in Andhra Pradesh
Refex Renewables & Infrastructure is currently trading at its upper circuit limit of Rs. 340.70, up by 3.35 points or 0.99% from its previous closing of Rs. 337.35 on the BSE.
The scrip opened at Rs. 340.00 and has touched a high and low of Rs. 340.70 and Rs. 340.00 respectively. So far 259 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 798.00 on 21-Oct-2025 and a 52 week low of Rs. 209.05 on 24-Mar-2026.
Last one week high and low of the scrip stood at Rs. 340.70 and Rs. 337.35 respectively. The current market cap of the company is Rs. 153.24 crore.
The promoters holding in the company stood at 74.87%, while Non-Institutions held and 25.13% stake in the company.
Refex Renewables & Infrastructure’s wholly-owned subsidiary -- Refex Green Power (RGPL) has won a tender and received a letter of award through bids invited by SJVN (a joint venture of Government of India and Government of Himachal Pradesh) for setting-up an 80-MW wind power project in Kurnool, Andhra Pradesh.
The letter of award does not specify any lump-sum contract value/order value. Instead, the award is for development of an 80 MW wind power project, with power to be supplied under a long-term power purchase agreement (PPA) at the discovered tariff of Rs 3.88 per kWh for a period of 25 years
The scheduled commencement of supply of power (SCSD) for commissioning of the full capacity of the project shall be the date as on 24 months from the effective date of the PPA.
