+
Clean Edge empowers Nagpur waste to energy business
WATER & WASTE

Clean Edge empowers Nagpur waste to energy business

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code