Refex Industries Bags ~₹47 Crore Pond Ash Transport Order! 🚚

Big news from Refex Industries Limited (RIL)! The company has just announced it’s bagged a substantial order for the transportation of pond ash from a Maharashtra-based company. This new contract is valued at approximately INR 47 Crore and is set to run for a period of one year.

For those wondering, pond ash is a byproduct generated by coal-fired power plants. It’s a fine, powdery material that’s often used in various construction applications, such as in cement manufacturing, brick making, or for land reclamation. Efficient transportation of this material is crucial for both environmental management and industrial supply chains.

This order is a significant win for Refex Industries, further solidifying its presence in the logistics and waste management sectors. The company confirmed that this is a domestic order and a standard business transaction, with no promoter or related party interests involved. It’s a clear indication of RIL’s growing capabilities and trust from clients in handling large-scale industrial logistics.

Securing such a sizable contract underscores Refex Industries’ operational strength and its role in supporting essential industrial processes. It’s always exciting to see companies expand their service offerings and secure new revenue streams! ✨

source: Corporate Announcement

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