Venwind Refex Power Limited ("VRPL"), a subsidiary of Refex Industries Limited, has signed a term sheet for supply of WTGs and Tubular Towers for wind power projects, for an aggregate contract value of Rs. 474.45 Crore, with a leading Independent Power Producer, to be set-up in the State of Gujarat.
The order involves Design, procurement, manufacturing, assembly, packaging, marking, loading and supply by the supplier of the WTG, in accordance with the Term Sheet, Applicable Laws and prudent wind industry practice.
The contract value of Rs. 142.33 Crore is to be executed by March 2026 and by March 2027 contract value of Rs. 332.12 Crore should be executed.