Refex Industries Bags ₹32.12 Crore NHAI Order for Pond Ash Transportation
Refex Industries has won a significant ₹32.12 crore contract from NHAI for providing pond ash transportation services to road construction sites over a one-year period. This strategic partnership positions the company as a key logistics provider in India's infrastructure development sector while contributing to sustainable road construction practices.

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Refex Industries has officially secured a significant contract worth ₹32.12 crore for pond ash transportation services to NHAI PWD Road Construction Sites. The company announced this major business development, highlighting the strategic importance of this infrastructure support contract that will be completed within one year.
Contract Specifications
The comprehensive contract details reveal the scope and significance of this transportation services agreement. The order encompasses pond ash transportation services that will directly support NHAI's road construction activities across various project sites.
| Contract Parameter: | Details |
|---|---|
| Contract Value: | ₹32.12 crore |
| Duration: | 1 year |
| Service Type: | Transportation of pond ash to NHAI PWD Road Construction Sites |
| End Client: | NHAI (National Highways Authority of India) |
| Project Scope: | Road construction support services |
Strategic Business Impact
This substantial contract award positions Refex Industries as a key logistics partner in India's infrastructure development ecosystem. The agreement provides assured revenue streams over the one-year contract period while supporting the nation's road infrastructure expansion initiatives.
The partnership with NHAI demonstrates Refex Industries' operational capabilities in handling large-scale transportation requirements for critical infrastructure projects. This contract strengthens the company's position in the infrastructure support services sector and showcases its ability to secure significant orders from premier government organizations.
Infrastructure Development Contribution
The pond ash transportation services will play a crucial role in supporting NHAI's road construction activities. Pond ash, a byproduct of thermal power plants, is increasingly used in road construction as an eco-friendly alternative material, contributing to sustainable infrastructure development practices.
This contract reflects the growing demand for specialized logistics services in India's expanding infrastructure sector, positioning Refex Industries to capitalize on the government's continued focus on road development and connectivity projects across the country.
Historical Stock Returns for Refex Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.30% | +10.71% | +27.43% | -27.87% | -44.97% | +1,140.78% |
Will this NHAI contract success help Refex Industries secure additional infrastructure logistics deals with other government agencies?
How might the growing adoption of pond ash in road construction impact Refex Industries' long-term transportation service demand?
Could this contract lead to Refex Industries expanding its fleet capacity or geographic presence to handle similar large-scale projects?


































