News Details

( As on 08/01/2026 12:33)

Refex Industries Wins Rs 34.61-Crore Pond Ash Transportation Order for NHAI Projects

Refex Industries Ltd has secured a domestic order worth approximately Rs 34.61 crore for the excavation, loading, and transportation of pond ash to National Highways Authority of India (NHAI) road projects.

The contract has been awarded by an entity based in Maharashtra and involves end-to-end transportation services of pond ash for use in highway construction projects. The order is to be executed over a period of four months.

Refex Industries clarified that the contract has been awarded by a domestic entity, with no promoter or promoter group interest involved. The transaction does not fall under related-party transactions and has been undertaken at arm’s length.

The order further strengthens Refex Industries’ presence in infrastructure-linked environmental services, particularly in the efficient utilisation and transportation of industrial by-products for large-scale road projects.