Disclosure under Regulation 30 of SEBI (LODR) Regulations 2015 - Milestone unlocked at Venwind Refex Power Limited, a subsidiary, get its Wind Turbine Generator includes in RLMM (Approved List of Models and Manufacturer - Wind) by MNRE
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Refex Industries announced that its subsidiary, Venwind Refex Power Limited, has achieved a key regulatory milestone. The subsidiary's Wind Turbine Generator has been included in the RLMM (Revised List of Models and Manufacturers - Wind), maintained by the Ministry of New and Renewable Energy (MNRE). RLMM inclusion is a mandatory precondition for wind turbine manufacturers to participate in government-backed renewable energy projects and sell to public sector buyers. This approval validates the technical and quality credentials of the subsidiary's wind turbine model.
This is a positive development as it opens up access to government renewable energy tenders and institutional buyers, potentially driving future order inflows and revenue for the subsidiary and, by extension, Refex Industries.