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Antony Waste Handling Cell’s arm bags contracts worth Rs 3,200 crore

13 Aug 2025 Evaluate

Antony Waste Handling Cell’s material subsidiary -- Antony Lara Enviro Solutions has secured two new contracts worth Rs 3,200 crore (Rs 1600 crore each) for development of Waste-to-Energy Plants each with a capacity of around 15 MW at the Kadapa Cluster and Kurnool Cluster in Andhra Pradesh. The contracts are awarded by New & Renewable Energy Development Corporation of Andhra Pradesh. Each project will have a construction period of around 24 months from the date of concession agreement signing, Power Purchase Agreement (PPA) execution, or land transfer whichever is later. The contract carries a concession period of 20 years.

Antony Waste Handling Cell is one of the top five players in the Indian MSW (municipal solid waste) management industry with an established track record of many years, providing full spectrum of MSW services.

Peers
Company Name CMP
VA Tech Wabag 2048.85
ION Exchage 429.80
Refex Industries 286.50
Antony WasteHandling 388.00
Race Eco Chain 123.41
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