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Antony Waste Group secures Rs. 1024 Crore order for Collection, Transportation, Processing and Disposal of Construction & Demolition Waste
First-of-its-kind project for Antony Waste Group in Construction & Demolition Waste segment. Enhances its leadership and expertise in Waste Management, aimed at achieving circularity in cement and concrete products through a Sustainable Material Recovery approach. New Delhi (India), February 11: Antony Waste Handling Cell Limited (“AWHCL”), India’s leading integrated solid waste management company, enhances its […]
| First-of-its-kind project for Antony Waste Group in Construction & Demolition Waste segment. Enhances its leadership and expertise in Waste Management, aimed at achieving circularity in cement and concrete products through a Sustainable Material Recovery approach. |
New Delhi (India), February 11: Antony Waste Handling Cell Limited (“AWHCL”), India’s leading integrated solid waste management company, enhances its leadership in the waste management space with AG Enviro Infra Projects Private Limited, its wholly owned subsidiary, securing an ₹ 1,024 Crore order for Collection, Transportation, Processing, and Disposal of Construction & Demolition Waste in the Western Division of Mumbai.
The contract is a first of its kind for the Company and the project entails the collection, transportation, processing & disposal of construction & demolition (C&D) waste in 9 wards of the Western Division of the city of Mumbai. The contract tenure is for 21 years which includes a mobilization period of 12 months. The Contract would involve the Collection and processing of around 600 tpd of debris waste with a potential upside of about 25%.
Commenting on the order win, Jose Jacob, Chairman & Managing Director, Antony Waste Handling Cell Limited said “ The first of its kind contract win for Collection, Transportation, Processing, and Disposal of Construction & Demolition (C&D) Waste in Mumbai City is a big achievement for the company. We thank Brihanmumbai Municipal Corporation for the confidence reposed in us. This sub-segment of Solid Waste Management provides tremendous growth opportunities given the number of infrastructure development projects underway, and the Government’s push to accelerate economic growth with infrastructure being one of the important growth pillars. Being the first-of-its-kind contract, it provides us with an opportunity to build our credentials and a launch pad for future contract wins in this segment. We would use the Sustainable Material Recovery approach, which identifies specific C&D materials as commodities that can be reused in new construction projects. This order will enable us to adopt circularity in cement and concrete.
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