Refex Industries Bags ₹29.34 Crore Pond Ash Order

Key Quantitative Figures

The order has a broad consideration of approximately ₹29.34 crore.

Parties Involved

The order was awarded to Refex Industries Limited by a Maharatna Central Public Sector Enterprise (CPSE) described as a Major Power Producer. The services will be provided to National Highways Authority of India (NHAI) road projects.

Contract Details

• Nature of Contract: Transportation of pond ash to NHAI road projects
• Scope: Transportation services only
• Entity Type: Domestic entity
• Execution Period: 12 months from award
• Value: Approximately ₹29.34 crore

Related Party Considerations

The company specifically disclosed that:

• The promoter/promoter group/group companies have no interest in the entity that awarded the order
• The order does not qualify as a related party transaction