Bagging / Receiving of Order - Refex Industries Limited bags order for Transportation and Unloading of Pond ash from NTPC Limited
REFEX · price
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Awaiting price reaction for this filing.
Refex Industries Limited has secured an order from NTPC Limited, a Government of India public sector undertaking, for the transportation and unloading of pond ash. The order is valued at approximately INR 50 Crore and is to be executed over a period of one year, with a possible six-month extension at NTPC's discretion. The contract is domestic in nature and there are no related party interests or promoter group involvement with NTPC. Pond ash handling is an existing business line for Refex.
This is a routine order win from a known PSU customer, providing modest revenue visibility of around INR 50 Crore over the next year. Investors should view this as a positive order addition, though the size relative to Refex's overall revenue is not disclosed as material in the filing.