Antony Waste group secures Rs 1024 crore order of construction and demolition waste disposal in Mumbai
New Delhi (India) : With the recent acquisition of a 1,024 Crore order for Collection, Transportation, Processing, and Disposal of Construction & Demolition Waste in the Western Division of...
New Delhi (India) : With the recent acquisition of a 1,024 Crore order for Collection, Transportation, Processing, and Disposal of Construction & Demolition Waste in the Western Division of Mumbai by Antony Waste Handling Cell Limited (“AWHCL”), India’s leading integrated solid waste management company, strengthened its position as a market leader.
The Company has won its first contract of its kind to handle the collection, transportation, processing, and disposal of construction and demolition (C&D) waste in nine wards in Mumbai’s Western Division. The total duration of the contract is 21 years, the first 12 of which will be spent in mobilisation. Collecting and processing debris at a rate of 600 tpd under this contract could net an additional 25 percent of revenue.
“The first of its kind contract win for Collection, Transportation, Processing, and Disposal of Construction & Demolition (C&D) Waste in Mumbai City is a big achievement for the company,” Jose Jacob, Chairman & Managing Director, Antony Waste Handling Cell Limited, said in response to the order win. For the trust placed in us, we appreciate the efforts of the Brihanmumbai Municipal Corporation. Given the numerous ongoing infrastructure development projects and the government’s drive to accelerate economic growth, with infrastructure as one of the important growth pillars, this subsector of Solid Waste Management presents enormous growth opportunities. Because this is the first contract of its kind, it gives us a chance to establish ourselves as an industry leader and sets the stage for future successes. The Sustainable Material Recovery strategy, which prioritises the identification of C&D materials as commodities for reuse in new construction, would be implemented. Due to this directive, we can finally implement the principle of circularity in our cement and concrete production.
The key features of the order include:
- Processing of Construction & Demolition Waste using mechanized processes into useful products and their sale into the market. Disposal of inert to the disposal site.
- Collection & Transportation of Construction & Demolition Waste.
About Antony Waste Handling Cell Limited
Antony Waste Handling Cell limited is one of the top five players with an established track record of more than 21 years, providing a full spectrum of MSW services which includes solid waste collection, transportation, processing, and disposal services across India, majorly catering to municipalities. The Company has pioneered both MSW collection and transportation business in the country. They are also key players in the landfill construction and management sector with in-house expertise for the construction and management of landfills. They focus on the emerging waste management areas in India such as waste to energy. During their journey of over two decades, they started the business with MSW C&T and built their way in the solid waste management business, having worked with more than 23 Municipal Corporations. At Kanjurmarg, Mumbai, the Company is operating the largest single-location waste processing plant in Asia.
Safe Harbour Statement
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential, and target dates for project-related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.
