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Refex Industries secures Rs 32.44 crore ash transportation contract

17 Oct 2026 Evaluate

Refex Industries has received rate contract worth Rs 32.44 crore (including GST) from a Maharatna public sector undertaking under the Ministry of Power for transportation of ash. The rate contract includes ash excavation, loading, transportation and unloading from dykes. The rate contract shall be valid for a period of one year, extendable by a further period of six months.

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 1771.80
ION Exchage 332.85
Refex Industries 227.25
Antony WasteHandling 285.70
Race Eco Chain 105.50
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