Refex Industries (RIL) has bagged an order valued at approx. Rs 300 crore for the removal of overburden (OB), excavation, and transportation of coal from a large mining entity in Jharkhand.
This contract involves extensive mining operations, including OB removal and coal transportation, and is expected to be completed within eight months, with a provision for an extension of up to four years based on performance. This major development marks a key milestone for Refex Industries as it strengthens its foothold in the mining sector, showcasing its capabilities in large-scale excavation and resource transportation.
The company’s contract will help further consolidate its presence in the Indian mining industry.