GREENPOWERNSEOrient Green Power Company Limited· PowerMediumPositive
Announced Mon, 2 Feb · 18:44 IST

Intimation regarding Expansion of installed capacity through an EPC Contract with M/s. Renfra Energy India Limited (Formerly Renfra Energy India Private Limited) (Renfra)for setting up of 3 (Three) Wind Turbine Generators (WTGs) of 3.3 MW each, aggregatingto 9.9 MW as required under Regulation 30 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015

Capex & Operations View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Orient Green Power Company has signed an EPC contract with Renfra Energy India Limited to set up 3 Wind Turbine Generators (WTGs) of 3.3 MW each, adding a total of 9.9 MW to its installed renewable energy capacity. The project is a new greenfield expansion of the company's wind power portfolio. The disclosure has been made under SEBI Listing Regulations, indicating it is considered a material event. No specific project cost, commissioning timeline, or financial details were mentioned in the filing.

Likely market impact

Positive for long-term growth as it adds to the company's renewable power generation capacity and future revenue potential. However, 9.9 MW is a relatively small addition, so the immediate stock price impact is likely to be limited unless the investment size is significant.