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

GST on solar cells, modules cut to 5%
04 September 2025 India’s Goods and Services Tax (GST) Council has announced a reduction in the GST rate on solar cells—whether or not assembled into modules—from the c...