+
Urban Enviro Wins Rs 50.28 Crore Bhilai Contract
WATER & WASTE

Urban Enviro Wins Rs 50.28 Crore Bhilai Contract

Urban Enviro Waste Management Limited has been awarded a significant work order by Bhilai Municipal Corporation, Chhattisgarh, for waste management services valued at Rs 502.8 million. This one-year contract covers door-to-door garbage collection, drain cleaning, and waste transportation across residential, commercial, and market zones, with an option for extension. The initiative supports Urban Enviro’s mission to create cleaner and healthier communities through sustainable waste management solutions.

Comprehensive Service Expansion Urban Enviro offers a wide range of services, including waste collection, segregation, transportation, and disposal. The company’s door-to-door garbage collection services have grown dramatically, now comprising 57% of its total operations in FY24, up from just 10% in FY22. Other services, such as waste transportation, manpower supply, and garbage processing, make up the remainder of the company’s robust offerings.

Rapid Growth and Fleet Expansion From FY22 to FY24, Urban Enviro’s revenue has surged by over five times, driven by capacity increases and fleet growth. The company now manages 2,000 metric tonnes of waste daily, doubling its capacity from 1,000 metric tonnes in FY22. The fleet has been enhanced by the addition of 330 new vehicles, including electric options, improving efficiency and reducing environmental impact.

Geographic Expansion Urban Enviro’s expansion is not limited to operational growth; the company is also increasing its geographical footprint. Chhattisgarh, which accounted for just 4% of the company’s revenue in FY22, now makes up 42%. The company is eyeing further expansion into Tier-2 and Tier-3 cities while consolidating its position in Maharashtra, Rajasthan, Gujarat, and Chhattisgarh.

Stock Performance and Investor Confidence Urban Enviro’s strong financial performance has also been reflected in its stock market success. As of Wednesday at 3 PM, its stock was priced at Rs 653.70, marking a 2% increase. Over the last year, the stock has seen a 63.45% return, with a 25.45% rise in the past month alone, signaling growing investor confidence in its expanding operations.

Serving Diverse Clients The company’s clientele includes municipalities, government bodies, and residential areas. Serving over 6.3 lakh households daily, Urban Enviro continues to expand its footprint, with projects spanning major cities such as Saoner, Jaipur, and Mul, and an ongoing commitment to efficient and sustainable waste management.

Urban Enviro Waste Management Limited has been awarded a significant work order by Bhilai Municipal Corporation, Chhattisgarh, for waste management services valued at Rs 502.8 million. This one-year contract covers door-to-door garbage collection, drain cleaning, and waste transportation across residential, commercial, and market zones, with an option for extension. The initiative supports Urban Enviro’s mission to create cleaner and healthier communities through sustainable waste management solutions. Comprehensive Service Expansion Urban Enviro offers a wide range of services, including waste collection, segregation, transportation, and disposal. The company’s door-to-door garbage collection services have grown dramatically, now comprising 57% of its total operations in FY24, up from just 10% in FY22. Other services, such as waste transportation, manpower supply, and garbage processing, make up the remainder of the company’s robust offerings. Rapid Growth and Fleet Expansion From FY22 to FY24, Urban Enviro’s revenue has surged by over five times, driven by capacity increases and fleet growth. The company now manages 2,000 metric tonnes of waste daily, doubling its capacity from 1,000 metric tonnes in FY22. The fleet has been enhanced by the addition of 330 new vehicles, including electric options, improving efficiency and reducing environmental impact. Geographic Expansion Urban Enviro’s expansion is not limited to operational growth; the company is also increasing its geographical footprint. Chhattisgarh, which accounted for just 4% of the company’s revenue in FY22, now makes up 42%. The company is eyeing further expansion into Tier-2 and Tier-3 cities while consolidating its position in Maharashtra, Rajasthan, Gujarat, and Chhattisgarh. Stock Performance and Investor Confidence Urban Enviro’s strong financial performance has also been reflected in its stock market success. As of Wednesday at 3 PM, its stock was priced at Rs 653.70, marking a 2% increase. Over the last year, the stock has seen a 63.45% return, with a 25.45% rise in the past month alone, signaling growing investor confidence in its expanding operations. Serving Diverse Clients The company’s clientele includes municipalities, government bodies, and residential areas. Serving over 6.3 lakh households daily, Urban Enviro continues to expand its footprint, with projects spanning major cities such as Saoner, Jaipur, and Mul, and an ongoing commitment to efficient and sustainable waste management.

Next Story
Real Estate

No glass boxes!

India is moving away from the ‘glass box’ syndrome, all-glass façades that were widely used in commercial buildings in the last two decades but came at a significant environmental cost given the country’s predominantly hot and humid climate. Poor thermal performance, excessive heat gain and dependency on mechanical cooling systems made buildings with glass façades energy guzzlers and significantly increased their carbon footprint.That said, it’s important to be aware that “glass is not the enemy,” points out Heena Bhargava, Architect, Architecture Discipline. “How it ..

Next Story
Infrastructure Transport

Why do pavements fail?

India’s highways continue to expand at a healthy pace. But conversations on the surface quality of highways are growing louder because major deficiencies and black spots continue to be identified, and they are cause for concern.“Road surface roughness causes vehicle vibrations that, in turn, can affect the performance of drivers,” explains Dr V K Gahlot, Road Safety Auditor, Centre for Research and Sustainable Development (CfRSD). “Continuous exposure may induce fatigue, a contributory factor to road accidents. Road surface roughness also affects the vehicle operating cost...

Next Story
Infrastructure Urban

APAC Logistics Rents Fall for First Time Since 2020

Logistics rents across the Asia-Pacific region declined 0.4% year-on-year in H1 2025, marking the first annual drop since 2020, according to Knight Frank’s Logistics Highlights H1 2025 report. Despite global trade tensions and cautious occupier sentiment, India emerged as a standout performer, driven by robust manufacturing momentum and supply chain recalibration.Regional Trends and DivergenceWhile rents largely remained stable across most markets, regional differences became more pronounced:Mainland China continued to see rental declines, though the pace of decline moderated to 12.8% YoY, s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?