
Deals24 Oct 2025, 01:25 pm
Refex Industries Secures INR 300 Crore Order for Coal Removal, Excavation, and Transportation
AI Summary
Refex Industries Limited has procured an order for Removal of Overburden (OB), excavation and Transportation of Coal from a Large Mining Entity in Jharkhand. The order is worth INR 300 Crore and is to be executed over a period of 8 months with a possible extension of 4 years. The order does not fall under related party transactions and there is no interest of the promoter/promoter group/group companies in the entity that awarded the order.
Key Highlights
- Refex Industries secures INR 300 Crore order for coal removal, excavation, and transportation
- Order from a Large Mining Entity in Jharkhand
- Order to be executed over 8 months with possible 4-year extension
- Does not fall under related party transactions
- No interest of promoter/promoter group/group companies in the awarding entity