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Kumar Satyam

22nd Dec · SEBI-Registered Analyst

Antony Waste Wins ₹329 Cr Maharashtra Waste Management Contract

Antony Waste Handling Cell is in focus after its subsidiary Antony Lara Enviro Solutions secured a ₹329.45 crore, 10-year DBOT contract from Thane Municipal Corporation. Key project details: Project: Integrated mixed waste processing facility Location: Atkoli, Bhiwandi (Maharashtra) Capacity: 600–800 tonnes per day (TPD) Tenure: 10 years Capex: ~₹67 crore, to be reimbursed by TMC Land: Provided by Thane Municipal Corporation The scope includes end-to-end waste management, covering waste segregation, establishment of a Material Recovery Facility (MRF), operations, and complete lifecycle management under a DBOT (Design, Build, Operate & Transfer) framework. Why this matters for investors: Enhances order book visibility with long-term, annuity-style revenues Limited capex risk due to reimbursement by the municipal body Strengthens presence in urban solid waste management Improves revenue predictability through long-duration civic contracts The win underscores Antony Waste’s execution capability in large municipal projects and supports sustainable growth in India’s waste management infrastructure.

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