Deals13 Aug 2025, 08:54 am
Antony Waste's Subsidiary Secures ~¥3,200 Crore Waste-to-Energy Projects in Andhra Pradesh
AI Summary
Antony Waste Handling Cell Limited’s material subsidiary, Antony Lara Enviro Solutions Private Limited, has been awarded two ~15 MW Waste-to-Energy (WTE) projects each in Andhra Pradesh by the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. The projects, each with a capacity of ~15 MW, are worth ~¥3,200 crore in total. The contract carries a concession period of 20 years, during which the power generated will be purchased by the Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) at a rate of 8.10 per unit. The facility will house an advanced pretreatment Material Recovery Facility (MRF) for processing mixed municipal solid waste (MSW) prior to energy conversion.
Key Highlights
- Project Capacity: ~15 MW Waste to Energy plant each at Kadapa & Kurnool, Andhra Pradesh
- Total Contract Size: ~=1,600 crore per project, totaling ~=3,200 crore, over 20 years
- Awarding Authority: NREDCAP (A Government of Andhra Pradesh Undertaking)
- Construction period of ~24 months from the date of concession agreement signing, PPA execution, or land transfer, whichever is later
- Power purchase agreement with Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) at a rate of 8.10 per unit