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531260 — Refex Renewables & Infrastructure News Story

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EnergySpeculativeMicro CapSucker Stock

India's Refex Renewables gains on $57 mln NTPC contract

** Shares of Refex Renewables  REFR.BO  rise
exchange-allowed maximum of 5% to 846.1 rupees
    ** Renewable energy equipment maker received contract worth
4.8 bln rupees ($57 mln) for setting-up 100-MW solar project
from NTPC  NTPC.NS  
    ** Stock has surged over two-fold so far this year



($1 = 84.0680 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))

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