Deals19 Sept 2026, 02:31 pm
Refex Industries bags ₹160 Cr contract for 10 MT ash lifting
AI Summary
Refex Industries Limited has secured a significant contract valued at ₹160 crores. The agreement involves the lifting of 10 million metric tons (MT) of Pond Ash and Fly Ash using a Road-cum-Rail (RCR) mode. A Public Sector Undertaking in Madhya Pradesh awarded this domestic contract. The execution period for the contract is 18 months, with a provision for extension through mutual consent. This new order is expected to contribute positively to the company's business operations and revenue.
Key Highlights
- Refex Industries secured a ₹160 crore contract.
- The contract involves lifting 10 MT of ash.
- It's a domestic order from a Madhya Pradesh PSU.
- The execution period is 18 months, extendable.
- This contract enhances the company's business outlook.
Price Impact
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