Antony Waste Unit Wins Rs 13.3 Billion BMC Contracts

22 Dec 2025 CW Team

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.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..