Refex Industries Wins Rs 32.44 Crore Ash Transport Contract

Awarding Entity: A Maharatna Public Sector Undertaking under the Ministry of Power

Domestic/International Order: Domestic entity

Nature of Order/Contract: Rate Contract for transportation of ash, including ash excavation, loading, transportation and unloading from dykes.

Order Value: Cumulative Maximum Award Value of Rs. 32,44,50,000/-, (Thirty Two Crore Forty Four Lakh Fifty Thousand Only) including GST.

Materiality Context: Not Specified

Execution Timeline: The Rate Contract shall be valid for a period of one (1) year, extendable by a further period of six (6) months.

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No

Financial Implication: Not Specified