Antony Waste Prepares for Green Energy Power Sale from its PCMC Waste to Energy Plant

Antony Waste Handling Cell Limited (AWHCL / Antony Waste), an industry leader in sustainable municipal solid waste management solutions, has announced the commissioning of its Waste to Energy power plant and commencement of commercial sale of power to PCMC (Pimpri Chinchwad Municipal Corporation). As previously communicated, this project represents a pivotal milestone as India's pioneering Waste to Energy plants selling power under Green Energy Open Access Rules.

We take great pride in commencing our commercial power sales by initially providing up to 8 MW of power to two infrastructure assets of PCMC: the Ravet water pumping station and the Chikali sewage treatment plant. The power generated by our Waste to Energy facility not only promotes a cleaner environment but will also play a crucial role in maintaining the uninterrupted operation of these vital facilities.

Mr. Jose Jacob, Chairman and Managing Director, expressed his excitement about this milestone, stating, "We are delighted to mark commissioning of our Waste to Energy Power Plant and commencement of commercial power sales to PCMC, and we take immense pride in being at the forefront of the Waste to Energy movement in India. This partnership under the Green Energy Open Access Rules not only aligns with our mission of environmental sustainability but also sets a benchmark for clean energy solutions in the country. We look forward to a long and successful partnership with PCMC, as we continue to work on expanding our green energy portfolio."

The culmination of efforts and dedication from Antony Waste's team, along with invaluable collaboration with its technical partners, has resulted in the successful initiation of trial runs. These tests involved equipment performance under varying loads ranging from 8 MW to 14 MW using mixed MSW (Municipal Solid Waste) generated / collected within PCMC as feedstock.

The power supply will see a gradual increment by the end of the financial year, and the power sale will be ramped up to 11.76 MW. This expansion signifies a significant step towards achieving a greener and more sustainable energy ecosystem.

We remain committed to promoting sustainability, reducing environmental impact, and providing cleaner energy alternatives to our community. We extend our gratitude to all stakeholders, including PCMC, regulatory bodies, and our dedicated team, for their unwavering support and contributions to the success of this project.

Shares of Antony Waste Handling Cell Limited was last trading in BSE at Rs. 388.90 as compared to the previous close of Rs. 396.35. The total number of shares traded during the day was 34920 in over 1895 trades.

The stock hit an intraday high of Rs. 402.80 and intraday low of 386.00. The net turnover during the day was Rs. 13782333.00.

Source : Equity Bulls

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AntonyWasteHandlingCell INE01BK01022 PCMC WastetoEnergyPlant