Anil Jain's Refex Energy Ltd. Commissions Two MW-Scale Projects In UP And AP

Refex Energy Limited has commissioned 10 MWp Solar PV Power plant at Feroz Gandhi Unchahar Thermal Power Station of NTPC Ltd., on 31st March 2014. The project is located in Rae Bareli district of Uttar Pradesh.Refex Energy Limited has executed the project after securing the order from BHEL for complete engineering, procurement and construction work except the BHEL make solar modules and the plant fencing. The project deploys indigenous Central Inverters from Schneider. “We are very proud to be associated with industry stalwarts like NTPC and BHEL. The project reflects the efforts and commitments of NTPC, BHEL and Refex Energy Ltd. towards a greener future.” quoted Mr. Arun Mehta, Chief Executive Officer, Refex Energy Ltd.

“Refex Energy Ltd. Has also installed 1 MW solar plant for Chennai based Trimex Sands Private Limited, on 29th March 2014. The plant is located at group’s manufacturing plant in Srikakulam district in Andhra Pradesh and was set up under REC mechanism for the captive consumption of Trimex’s mineral suppression plant in Srikakulam.Mr. Pradeep Koneru, Managing Director of Trimex Sands Private Limited, said, “This is our first step towards entering Renewable Energy and we wish to grow in this sector exponentially for our own captive and third party power sale. We appreciate the work done by Refex at out Srikakulam plant, their approach has been very professional and have complied to every need of our site engineers. Their timely completion of the project with a quick turnaround has helped us get Accelerated Depreciation benefit. We look forward to working with them in our future solar endeavors.

“Tier I modules from Renesola and SMA String inverters have been chosen to ensure maximum up time and higher generation. The plant will generate about 16.5 lac units per year, resulting in cost savings of close to INR 10 million annually in the electricity bills” observed Mr. Anil Jain, Managing Director, Refex Energy Ltd. Refex has also commissioned a 100 KW off-grid plant for Trimex for their plant’s lighting in Srikakulam. Refex Energy Limited is also developing another 10 MW solar plant for the Trimex Group in Rajasthan. The total installed capacity of Refex Energy Ltd. now tallies to 60 MW, with another 50 MW under different stages of completion.