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.

















