Refex Industries Secures ₹21.15 Cr Order for Ash Transportation

Refex Industries Limited has secured a domestic order valued at ₹21.15 crore for the transportation of ash to construction sites, reinforcing its growing footprint in the infrastructure support services sector. Key Deal Details: Scope & Timeline: The contract involves the logistics and transportation of ash for road construction, to be executed over a period of 12 months. Client & End-Users: The order is awarded by a Maharatna CPSE (Major Power Producer). The transported ash will be utilized in critical road projects executed by the National Highways Authority of India (NHAI), state government departments, and under the Pradhan Mantri Gram Sadak Yojana (PMGSY). Governance: The contract is an arm’s-length transaction with no related-party or promoter-group involvement. Strategic Impact: This order highlights Refex Industries' capability to execute specialized logistics for large-scale national infrastructure projects. By supporting government initiatives like NHAI and PMGSY, the company leverages its core supply chain expertise to contribute to India's rapid highway and rural road development. $REFEX