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Refex Industries bags contract worth Rs 160 crore

19 Sep 2026 Evaluate

Refex Industries has bagged a contract aggregating to Rs 160 crore from a public sector undertaking in Madhya Pradesh for lifting of 10 MT of pond ash and fly ash under RCR (Road-cum-Rail) mode. The contract is for a period of 18 months extendable with mutual consent.

Earlier, the company had secured two contracts worth around Rs 33.70 crore (including GST).

Refex Industries is in the business of Ash & Coal, handling business solar power - generation and related activities, sale of services and solar module trading.

Peers
Company Name CMP
VA Tech Wabag 1909.95
ION Exchage 377.45
Refex Industries 261.15
Antony WasteHandling 333.60
Race Eco Chain 128.45
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