Antony Waste Secures ₹243 Crore Contract from Greater Noida Authority
Antony Waste Handling Cell Limited secured a contract from Greater Noida Industrial Development Authority for road sweeping machines and O&M services. The project revenue is estimated at ₹243.22 Crore over five years, with a potential two-year extension.
The contract value of ₹243.22 Crore over five years is substantial and will contribute to the company's revenue, but it is not a transformative event for the entire company's scale.
The company has received a new order, which is expected to generate significant revenue, indicating business growth and positive development.
Antony Waste Handling Cell Limited (AWHCL) has announced the receipt of a significant contract from the Greater Noida Industrial Development Authority (GNIDA). The contract involves the procurement and engagement of Electric Mechanical Road Sweeping Machines (MRSMs) along with comprehensive Operations & Maintenance (O&M) for roads within the Greater Noida East Zone.
The agreement is for a period of five years, with a potential extension for an additional two years. The estimated project revenue for the five-year tenure is approximately ₹243.22 Crore. The contract is with a domestic entity, GNIDA, and does not involve any related party transactions. The company's promoter or promoter group has no interest in GNIDA. This award underscores AWHCL's expanding role in municipal waste management and infrastructure services.
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Antony Waste Handling Cell Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Antony Waste Handling Cell Limited. Read the original for the full detail.