BBMP Plans Rs 680 Mn Land Buy for Waste Facility

22 May 2025 CW Team

In a notable departure from its usual practice, the Bruhat Bengaluru Mahanagara Palike (BBMP) is considering the purchase of private land to set up a new waste-processing facility. The Karnataka government has conditionally approved BBMP’s proposal to acquire approximately 38.45 acres from Terra Firma Biotechnologies Ltd in Kundalahalli, Doddaballapura taluk.

The site forms part of a larger 134-acre area earmarked for an integrated waste-processing plant, expected to manage around 25 per cent of Bengaluru’s municipal waste. Traditionally, BBMP has relied on government land for such facilities, but public opposition, legal challenges, and limited availability have led it to explore private land options.

The proposed 134-acre site comprises 46 acres of Revenue Department land, 27 acres of ‘kharab’ (non-cultivable) land, 38 acres owned by Terra Firma, and 22 acres leased by the company from local farmers.

Terra Firma previously operated a waste-processing unit on the site under a 2008 agreement with BBMP but shut operations in 2015 due to protests and operational issues. Before any transaction can proceed, the company must clear existing waste, repay a Rs 68.1 million loan (plus interest) to BBMP, and resolve any environmental damage. The proposed deal is also subject to ongoing litigation, and BBMP must inform the High Court before making any payments.

This acquisition is part of a broader strategy to establish four new waste-processing facilities around Bengaluru through public-private partnerships, aiming to strengthen the city's waste management infrastructure.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..