Refex Industries Limited (RIL) has successfully secured a new contract for the transportation of pond ash to NHAI PWD road construction sites. The project, valued at approximately INR 32.12 crore (including GST), is slated for a duration of one year, with an option to extend for an additional six months. This order marks a significant development for the company’s infrastructure support operations.
Order Details and Financials
Refex Industries Limited has been awarded a contract by a domestic entity based in Maharashtra to facilitate the transportation of pond ash for NHAI PWD road construction projects. The total value of this order is approximately INR 32.12 crore, which includes applicable GST. This contract is considered an arm’s length transaction and does not involve any promoter or group company interest.
Project Timeline and Scope
The core objective of the mandate is the efficient transportation of pond ash to support ongoing infrastructure developments at NHAI PWD construction sites. The initial term for this contract is 1 year. Furthermore, the agreement includes a provision for an extension of up to 6 months, providing the company with operational flexibility as it executes this assignment.
Source: BSE
