Nepra to invest Rs 6.5 billion for North & North-East India expansion

06 Aug 2024 CW Team

Nepra Resource Management Pvt Ltd, an Ahmedabad-based waste management firm, is set to invest Rs 6.5 billion in expanding its waste treatment and segregation operations in North and North-East India.

Currently managing over 1,000 tonnes of waste daily in cities such as Ahmedabad, Indore, Pune, Jamnagar, and Bengaluru, Nepra has already invested Rs 2.5 billion in solid dry waste management within these cities. The company aims to further invest Rs 6.5 billion over the next two years to establish waste treatment and segregation infrastructure in North Indian and North-Eastern cities, including Uttar Pradesh, Haryana, Rajasthan, and Maharashtra.

Sandeep Patel, CEO, Nepra Resources, stated, ?We are in the process of raising the required funds, which will be a combination of equity and structured debt.? The planned infrastructure will include Material Recovery Facilities (MRFs) for efficient waste management.

Nepra, which generates an annual revenue of about Rs 2.5 billion and has achieved an 80% year-on-year growth, also supplies around 300,000 tonnes of refuse-derived fuel (RDF) annually to cement kilns, reducing their reliance on coal. This RDF is sourced from plastic waste collected from various urban local bodies.

(Source: BusinessLine)

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..