Refex Green Power sets up subsidiary to set up 100 MW NTPC solar project

Share

Refex Renewables & Infrastructure announced today its arm Refex Green Power has incorporated a new company, Refex Solar SPV Five, to set up a 100 MW solar power project awarded by NTPC Ltd.

“Refex Solar SPV Five Limited is incorporated with the objective of setting-up of a 100-MW Solar Power Project, awarded by NTPC Limited, a Maharatna company and accordingly, shall be solar power developer for 100MW capacity,” stated the company.

NTPC will enter into a power purchase agreement (PPA) with SPV Five for purchase of power for a period of 25 years. The project is scheduled for commissioning within 24 months from the effective date of the PPA.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Indosolar posts INR 55 crore profit in FY25 after Waaree takeover
17 April 2025 Solar cell manufacturer Indosolar Ltd, now acquired by Waaree Energies, has posted a net profit of INR 55 crore for the fiscal year 2025, a sharp turn...