Refex Industries Bags ₹32.12 Crore Order for Pond Ash Transportation

Refex Industries Limited (NSE: REFEX, BSE: 532884), a specialist in ash handling and environmental solutions, has announced that it has secured a significant domestic contract for the transportation of pond ash. The order is valued at approximately ₹32.12 crore (inclusive of GST).

The contract involves the logistics and transport of pond ash to construction sites managed by the National Highways Authority of India (NHAI) and the Public Works Department (PWD) for road development projects.

The order, awarded by a Maharashtra-based entity, reinforces Refex's growing footprint in the circular economy by repurposing industrial byproducts for infrastructure development.

Project Scope: Transportation of pond ash to NHAI and PWD road construction sites.

Contract Value: ~ ₹32.12 Crore (including GST).

Execution Timeline: The contract is set for a duration of one year, with a provision for extension by an additional six months.

Geographic Focus: Domestic (India), specifically supporting infrastructure projects in Maharashtra.

Source : Equity Bulls

Keywords

RefexIndustries OrderWin PondAshTransportation NHAi