Deals21 Oct 2026, 03:05 pm
Refex Industries Bags ₹31.44 Cr Ash Transport Contract
AI Summary
Refex Industries Limited (RIL) has secured a slab-wise rate contract for ash transportation from a Maharatna Public Sector Undertaking under the Ministry of Power. The contract is for ash transportation to construction sites of road projects for NHAI and other government road construction departments. The cumulative maximum award value for this contract is ₹31,44,50,000 (including GST). The contract is valid for one year, with a possible extension of six months. This award signifies a significant business development for RIL in the infrastructure support services sector.
Key Highlights
- Secured rate contract for ash transportation from a Maharatna PSU.
- Contract value is ₹31.44 Crore (including GST).
- Valid for one year, extendable by six months.
- Services are for road construction projects.
- No promoter/group interest in the awarding entity.
Price Impact
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