Refex and Winvision to form JV to manufacture wind turbines in India
Chennai-based Refex Industries has formed a joint venture with Winvision Enterprises to establish Refex Green Energy Limited (RGEL), focused on wind energy solutions. Refex will hold a 75.5% stake in RGEL, while Winvision will own the remaining 24.5%. The JV aims to position RGEL as a comprehensive provider in the wind energy sector, covering manufacturing and assembly of wind turbine generators and components, including nacelle assemblies, hub assemblies, rotor blades, and control equipment. Additionally, RGEL…