+
Antony Waste Unit Wins Rs 13.3 Billion BMC Contracts
WATER & WASTE

Antony Waste Unit Wins Rs 13.3 Billion BMC Contracts

Leading integrated solid waste management firm Antony Waste Handling Cell Ltd said its material subsidiary AG Enviro Infra Projects Private Ltd has secured two municipal solid waste collection and transportation contracts from the Brihanmumbai Municipal Corporation, with a combined value of about Rs 13.30 billion.

The contracts have been awarded to a consortium comprising AG Enviro Infra Projects with a 51 per cent stake, Jigar Transport Company holding 29 per cent, and M. K. Enterprises with 20 per cent. Each contract has a tenure of seven years and covers the collection and transportation of municipal solid waste to designated landfill sites using newly owned vehicles.

Under the first contract, the consortium will manage the collection and transportation of around 650 metric tonnes per day of municipal solid waste from Mumbai’s A, B, C and D wards. This contract is valued at approximately Rs 6.84 billion over the seven-year period. The second contract involves handling about 600 metric tonnes per day from the N, S and T wards and is valued at roughly Rs 6.46 billion for the same duration. Together, the two contracts cover nearly 1,250 metric tonnes per day across key wards of Mumbai.

Antony Waste Handling Cell said neither the promoter nor the promoter group has any interest in the awarding authority, and the contracts do not constitute related party transactions. The company added that the agreements provide long-term revenue visibility over the concession period and strengthen its subsidiary’s presence in large-scale urban waste management projects in Mumbai.

Jose Jacob, Chairman and Managing Director of Antony Waste Handling Cell, said the contracts reinforce the group’s leadership in executing large-scale municipal waste operations across India’s urban markets. He added that Mumbai remains a core geography for the group and that the seven-year tenure enhances revenue visibility while supporting sustainable growth and long-term value creation.

Shares of Antony Waste Handling Cell ended at Rs 432.20, down Rs 1.45, or 0.34 per cent, on the BSE.

Leading integrated solid waste management firm Antony Waste Handling Cell Ltd said its material subsidiary AG Enviro Infra Projects Private Ltd has secured two municipal solid waste collection and transportation contracts from the Brihanmumbai Municipal Corporation, with a combined value of about Rs 13.30 billion. The contracts have been awarded to a consortium comprising AG Enviro Infra Projects with a 51 per cent stake, Jigar Transport Company holding 29 per cent, and M. K. Enterprises with 20 per cent. Each contract has a tenure of seven years and covers the collection and transportation of municipal solid waste to designated landfill sites using newly owned vehicles. Under the first contract, the consortium will manage the collection and transportation of around 650 metric tonnes per day of municipal solid waste from Mumbai’s A, B, C and D wards. This contract is valued at approximately Rs 6.84 billion over the seven-year period. The second contract involves handling about 600 metric tonnes per day from the N, S and T wards and is valued at roughly Rs 6.46 billion for the same duration. Together, the two contracts cover nearly 1,250 metric tonnes per day across key wards of Mumbai. Antony Waste Handling Cell said neither the promoter nor the promoter group has any interest in the awarding authority, and the contracts do not constitute related party transactions. The company added that the agreements provide long-term revenue visibility over the concession period and strengthen its subsidiary’s presence in large-scale urban waste management projects in Mumbai. Jose Jacob, Chairman and Managing Director of Antony Waste Handling Cell, said the contracts reinforce the group’s leadership in executing large-scale municipal waste operations across India’s urban markets. He added that Mumbai remains a core geography for the group and that the seven-year tenure enhances revenue visibility while supporting sustainable growth and long-term value creation. Shares of Antony Waste Handling Cell ended at Rs 432.20, down Rs 1.45, or 0.34 per cent, on the BSE.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code