JITF subsidiary wins 320 crore Nellore waste-to-energy concession
JITFINFRA · price
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Jindal Urban Waste Management (Nellore) Limited, a JITF subsidiary, signed a concession agreement with Swachh Andhra Corporation and others on October 9, 2025. The agreement covers developing a 12 MW waste-to-energy plant in Nellore, Andhra Pradesh, valued at INR 320 crore.
The project may create future revenue for the subsidiary, but earnings depend on timely execution and attractive project returns.