Refex Industries Limited (RIL), a prominent player in the industrial logistics and transportation sector, has announced that it has successfully secured a significant order from Andhra Pradesh Power Development Company Limited. The order entails the transportation of pond ash, a key byproduct in power generation, marking another milestone in Refex Industries’ growth story.
The contract, valued at INR 25 Crore, is scheduled to be executed over the next three months. This domestic order highlights RIL’s robust operational capabilities and expertise in managing critical industrial logistics projects efficiently.
Refex Industries has confirmed that there are no interests held by the promoter, promoter group, or group companies in the entity awarding the contract. Additionally, the contract does not fall under related party transactions, ensuring transparency and compliance with regulatory standards.
This new order reinforces Refex Industries’ commitment to supporting the power sector with reliable logistics solutions, strengthening its reputation as a trusted partner for large-scale industrial projects.