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.

Infrastructure Urban

09 Feb 2026

Eicher Delivers First 13.5 m Electric Intercity Sleeper Bus

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd., has recently delivered its first 13.5 m electric intercity sleeper bus, marking a key milestone in India’s long-distance electric mobility segment. The first bus is being operated by LeafyBus, with plans to deploy 35 buses by March 2026 across high-demand intercity corridors in North India.The initial deployment will cover routes such as Delhi–Dehradun and Delhi–Lucknow, supporting LeafyBus’ expansion across environmentally sensitive and high-density travel corridors.Commenting on the partnership, Suresh Chettia..

Infrastructure Urban

09 Feb 2026

HCSS Showcases Unified Construction Platform at CONEXPO 2026

HCSS will recently present the next evolution of its connected construction management platform at CONEXPO-CON/AGG 2026, bringing together construction workflows, data and teams on a single platform across the entire project lifecycle. The event will be held from 3–7 March 2026 in Las Vegas, Nevada. HCSS will host two booths at the show, demonstrating how its integrated software ecosystem enables seamless collaboration between the office, field and shop, from bid stage through to project closeout. Steve McGough, President and CEO, HCSS, said, “For 40 years, we’ve done everything within..

Building Material

09 Feb 2026

Berger Paints Q3 Profit Declines Despite Volume Growth

Berger Paints India has reported a mixed performance for the quarter ended 31 December 2025, with healthy volume growth and margin improvement offset by softer demand conditions and cost pressures. On a consolidated basis, revenue from operations for the quarter stood at Rs 29,840 million, compared to Rs 29,751 million in the corresponding quarter last year, reflecting a marginal increase of 0.3 per cent. EBITDA (excluding other income) was Rs 4,710 million, slightly lower than Rs 4,717 million a year earlier. Net profit declined by 8.3 per cent to Rs 2,713 million from Rs 2,960 million. Sta..