Nepra's ₹650 Crore Push to Revolutionize Waste Management in North India

Ahmedabad-based Nepra Resource Management Pvt Ltd is set to invest ₹650 crore over the next two years to expand its waste treatment and segregation infrastructure in North and North-East India. This strategic move marks a significant leap in the company's efforts to enhance waste management practices across the country.

CEO Sandeep Patel shared that Nepra currently handles over 1,000 tonnes of waste daily in cities like Ahmedabad, Indore, Pune, Jamnagar, and Bengaluru. Having already invested ₹250 crore in these regions, the company is now focusing on establishing Material Recovery Facilities (MRFs) in states such as Uttar Pradesh, Haryana, Rajasthan, and Maharashtra.

The ₹650 crore investment will be raised through a mix of equity and structured debt, enabling Nepra to build advanced waste treatment and segregation facilities. These MRFs will play a crucial role in processing waste more efficiently and sustainably, aligning with the company's growth strategy.

With an annual consolidated revenue of around ₹250 crore and an impressive 80% year-on-year growth, Nepra is also a major supplier of Refuse Derived Fuel (RDF). Supplying approximately 300,000 tonnes of RDF annually to cement giants like Ultratech, India Cements, ACC, and Dalmia Cements, Nepra significantly reduces their reliance on coal.

By converting plastic waste into RDF and partnering with urban local bodies, Nepra reinforces its commitment to sustainable waste management. This expansion into North and North-East India is a testament to Nepra's dedication to improving environmental practices nationwide.

News by Rahul Yelligetti