Mumbai, April 8 -- The order involves the establishment of a 250 TPD municipal solid waste-based bio-CNG plant at Avaniyapuram village, Madurai South Taluk, Madurai District, under PPP mode on design, build, finance, operate and transfer (DBFOT) basis for a period of 20 years, as per the letter of acceptance dated 05 April 2025, received by the company on 07 April 2025.

The scheduled commissioning date (SCD) for the full capacity of the project is set for 19 months from the date of the concession agreement, which is expected to be signed within 30 days from the date of the LOA. The total project cost is estimated at Rs 78.54 crore.

The company also clarified that the contract does not involve any related party transactions and confirmed...