Refex Green Power Limited, a wholly owned subsidiary of Refex Renewables & Infrastructure Limited, has won a tender for the establishment of a 200 TPD Municipal Solid Waste-based Bio-CNG plant in Salem under the PPP mode on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis for a period of 20 years. The Letter of Acceptance, dated March 28, 2025 (received by the company on April 1, 2025), was issued by Salem City Municipal Corporation.
The Scheduled Commissioning Date (SCD) for the full capacity of the project is 19 months from the date of the Concession Agreement. (The Concession Agreement will be signed within 30 days from the date of the LOA).
The estimated project cost is Rs. 65.07 crore, according to the company.
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