Refex Industries Limited (RIL) has announced that it has won a major contract for transporting pond ash to National Highways Authority of India (NHAI) road projects, marking another meaningful step in its infrastructure-linked services portfolio. The order has been awarded by a Maharashtra-based domestic entity and carries an estimated value of around ₹30.95 crore.
Under the terms of the contract, Refex Industries will be responsible for supplying and transporting pond ash required for ongoing NHAI road construction works. The project is slated to be completed within a five-month execution window, highlighting the company’s capability to manage time-bound, high-volume assignments. The company has also confirmed that the promoters or promoter group have no interest in the awarding entity, and the transaction does not qualify as a related-party arrangement.
This new order reinforces Refex Industries’ growing presence in the infrastructure support sector, particularly in materials handling and logistics for large-scale national projects.