Subsidiary wins about 330 crore rupee waste processing contract from Thane civic body
AWHCL · price
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AWHCL's subsidiary Antony Lara Enviro Solutions secured a contract worth about 329.45 crore rupees from Thane Municipal Corporation to set up a 600-800 TPD mixed solid waste processing plant on DBOT basis at Bhiwandi, Maharashtra. The 10-year contract covers design, build, operations, and transfer, plus 10 years of maintenance. Capex of 67 crore rupees will be reimbursed by TMC on milestone completion, boosting AWHCL's municipal waste management portfolio and revenue visibility.
Strengthens long-term revenue visibility via 10-year contract; reinforces AWHCL's leadership in municipal waste management space.