Refex Industries Secures Contract for Pond Ash Excavation and Transportation
Refex Industries Limited announced the procurement of a significant order for Excavation, Loading and Transportation of pond ash to Open Cast Mines, Stone Quarries, and NHAI project sites.The order was awarded by a Major Power Producer Company and pertains to essential material handling services. The scope of work covers the excavation, loading, and transportation of pond ash to various project sites, including Open Cast Mines, Stone Quarries, and NHAI project sites.
Key details regarding the contract include:
- Nature of Order: Excavation, Loading and Transportation of pond ash to Open Cast Mines/Stone Quarries/NHAI project sites.
- Entity Awarding Order: Major Power Producer Company.
- Domestic Status: The order is from a domestic entity.
- Execution Period: The contract is set for execution over a period of 2 Years.
- Financial Scope: The broad consideration for the order is approximately INR36.91 Crore.
For reference, the core parameters of the contract are outlined below:
| Parameter | Detail |
|---|---|
| Awarding Entity | Major Power Producer Company |
| Scope of Services | Excavation, Loading and Transportation of pond ash to Open Cast Mines/Stone Quarries/NHAI project sites |
| Domestic Status | Domestic entity |
| Nature of Contract | Excavation, Loading and Transportation of pond ash to Open Cast Mines/Stone Quarries/NHAI project sites |
| Execution Time Period | 2 Years |
| Order Size | ~INR36.91 Crore |
| Related Party Involvement | None |
REFEX Stock Price Movement
Today, Refex Industries Limited shares edged higher to close at ₹328.3, having gained 0.47% (₹1.55) in trading today. The stock finished the session after trading a robust volume of 4.20 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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