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Refex Renewables’ arm incorporates wholly-owned subsidiary

05 Dec 2024 Evaluate

Refex Renewables & Infrastructure’s wholly-owned subsidiary -- Refex Green Power has incorporated wholly-owned subsidiary namely, Refex Solar SPV Five (SPV Five). Consequent to which, SPV Five has become a step-down wholly-owned subsidiary of the company.

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

Refex Renewables & Infrastructure (formerly known as Sunedison Infrastructure) is engaged in the processing, sale and export of marine products.

Peers
Company Name CMP
Larsen & Toubro 3892.80
Kalpataru Projects 1414.25
NCC 134.95
Rail Vikas Nigam 209.45
KEC International 399.30
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