Refex Industries (NSE:REFEX, BOM:532884) has secured an order worth 369.1 million Indian rupees from an undisclosed power producer, according to a Friday filing to the Indian stock exchanges.
The contract is for the transportation of pond ash to open-cast mines, stone quarries, and sites of the National Highways Authority of India.
The project is expected to be completed in two years.
The company's shares were up nearly 1% in recent trade.