Clean Edge empowers Nagpur waste to energy business

10 Jan 2023 CW Team

Lars Enviro , based in Nagpur, realised its value during Covid, when businesses transitioned to online operations and also eliminated jobs. The company started out making waste water treatment plants, but now it also makes a wider range of waste to energy plants like bio-CNG ones.

Lars, who had been there for 25 years, was taken over by Clean Edge's Indian division. Even the physical assets' due diligence was conducted remotely since the entire transaction took place online. Finally, the agreement was inked in April 2022. As a part of the deal the company has received Rs 33 million from Clean Edge. This includes the money paid to buy Lars Enviro's equity from the company's promoters and the money invested after taking over.

Ramesh Daryapurkar, a city businessman who is in charge of Lars Enviro, said the company started out by providing distilleries with waste water treatment plants. However, it soon expanded into other industries and found clients all over the world. Daryapurkar asserts that there were no layoffs during the pandemic.

According to Clean Edge's Vinod Aachi, the business has recently completed two takeovers. The other is a Delhi-based business. Clean Edge learned about Lars Enviro from a mutual friend who had been in negotiations to buy the company but failed to consummate the sale. According to Aachi, this provided sufficient information to complete the due diligence.

He added that the company now anticipates operating biogas and bio CNG plants on a build, own, operate, and transfer (BOOT) basis in addition to catering to businesses in various industries through the Lars manufacturing facility.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..