Antony Waste's Subsidiary Secures ~¥330 Crore Contract from Thane Municipal Corporation for Pre-Processing of MSW

Antony Waste Handling Cell Limited's subsidiary, Antony Lara Enviro Solutions Private Limited, has been awarded a Pre-Processing Waste Management contract by the Thane Municipal Corporation (TMC). The contract involves the establishment of a 600-800 TPD Solid Waste Pre-processing Plant on a Design, Build, Operate and Transfer (DBOT) basis on land owned by Thane Municipal Corporation (TMC) at Atkoli, Taluka Bhiwandi. The scope of work includes the setting up of a Material Recovery Facility (MRF) for segregation of mixed solid waste, encompassing design, engineering, construction, commissioning, and comprehensive operation and maintenance of the facility for a period of 10 years. The total project capital expenditure is estimated at ~₹67 crore, which shall be reimbursed by Thane Municipal Corporation upon achievement of prescribed milestones, in accordance with the terms and conditions of the tender document.