Refex Green Power Limited, a wholly-owned subsidiary of the Company, has won a tender from Coimbatore Municipal Corporation for Establishment of 250 TPD municipal corporation waste-based ....
Awaiting price reaction for this filing.
Refex Green Power Limited, a wholly-owned subsidiary of Refex Renewables & Infrastructure Ltd, has won a tender from Coimbatore Municipal Corporation to set up a 250 TPD (tonnes per day) municipal solid waste-based Bio-CNG plant. The project will be executed under a Public-Private Partnership (PPP) on a Design, Build, Finance, Operate and Transfer (DBFOT) basis for a 20-year period. The estimated project cost is ₹78.54 crore, with commissioning scheduled within 19 months from the concession agreement date. The order is part of the government's Swachh Bharat Mission Urban 2.0 – Solid Waste Management initiative and has been awarded by a domestic state-owned municipal body.
This is a positive order win for the company, adding a long-term 20-year revenue stream from waste-to-energy operations. It strengthens the subsidiary's order book in the Bio-CNG/waste management segment and aligns with India's clean energy and waste management priorities, potentially supporting future earnings visibility.