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Hot Pursuit News

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(14 Mar 2024, 12:34)

Antony Waste soars after bagging bio-mining and resource recovery contract from CIDCO

Antony Waste Handling Cell jumped 5.26% to Rs 464.30 after the company’s subsidiary Antony Lara Enviro Solutions has been awarded contract for bio-mining approximately 8.6 lakh tonnes of legacy waste by CIDCO.

CIDCO stands for City & Industrial Development Corporation of Maharashtra.

The scope of the project involves processing of legacy waste through bio-remediation / bio-mining and re-development of existing sanitary landfill cells at CIDCO's MSW facility at Village Chal near Taloja, MIDC.

Antony Lara will focus on reclaiming the entire dumping area and would deploy cutting-edge mechanical processes for resource recovery.

The project has to be executed within a period of 730 days and the value of the said contract is Rs 77 crore.

This contract marks Antony Waste’s second venture into the bio-mining sector, following its earlier project near Lakhnavali Village at Greater Noida in collaboration with the Greater Noida Industrial Development Authority.

Jose Jacob, chairman ...

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