Refex Green Power Limited (RGPL), a wholly owned subsidiary of Refex Renewables Infrastructure Limited, has received a letter of award from SJVN Limited for setting up an 80 MW wind power project in Kurnool, Andhra Pradesh.
SJVN will enter into a power purchase agreement (PPA) with RGPL or its special purpose vehicle for 25 years. Further, the power will be supplied at a discovered tariff of Rs 3.88 per kWh. The project is scheduled to commence power supply within 24 months from the effective date of the PPA.