Clean Edge empowers Nagpur waste to energy business
WATER & WASTE

Clean Edge empowers Nagpur waste to energy business

Lars Enviro , based in Nagpur, realised its value during Covid, when businesses transitioned to online operations and also eliminated jobs. The company started out making waste water treatment plants, but now it also makes a wider range of waste to energy plants like bio-CNG ones.

Lars, who had been there for 25 years, was taken over by Clean Edge's Indian division. Even the physical assets' due diligence was conducted remotely since the entire transaction took place online. Finally, the agreement was inked in April 2022. As a part of the deal the company has received Rs 33 million from Clean Edge. This includes the money paid to buy Lars Enviro's equity from the company's promoters and the money invested after taking over.

Ramesh Daryapurkar, a city businessman who is in charge of Lars Enviro, said the company started out by providing distilleries with waste water treatment plants. However, it soon expanded into other industries and found clients all over the world. Daryapurkar asserts that there were no layoffs during the pandemic.

According to Clean Edge's Vinod Aachi, the business has recently completed two takeovers. The other is a Delhi-based business. Clean Edge learned about Lars Enviro from a mutual friend who had been in negotiations to buy the company but failed to consummate the sale. According to Aachi, this provided sufficient information to complete the due diligence.

He added that the company now anticipates operating biogas and bio CNG plants on a build, own, operate, and transfer (BOOT) basis in addition to catering to businesses in various industries through the Lars manufacturing facility.

Lars Enviro , based in Nagpur, realised its value during Covid, when businesses transitioned to online operations and also eliminated jobs. The company started out making waste water treatment plants, but now it also makes a wider range of waste to energy plants like bio-CNG ones. Lars, who had been there for 25 years, was taken over by Clean Edge's Indian division. Even the physical assets' due diligence was conducted remotely since the entire transaction took place online. Finally, the agreement was inked in April 2022. As a part of the deal the company has received Rs 33 million from Clean Edge. This includes the money paid to buy Lars Enviro's equity from the company's promoters and the money invested after taking over. Ramesh Daryapurkar, a city businessman who is in charge of Lars Enviro, said the company started out by providing distilleries with waste water treatment plants. However, it soon expanded into other industries and found clients all over the world. Daryapurkar asserts that there were no layoffs during the pandemic. According to Clean Edge's Vinod Aachi, the business has recently completed two takeovers. The other is a Delhi-based business. Clean Edge learned about Lars Enviro from a mutual friend who had been in negotiations to buy the company but failed to consummate the sale. According to Aachi, this provided sufficient information to complete the due diligence. He added that the company now anticipates operating biogas and bio CNG plants on a build, own, operate, and transfer (BOOT) basis in addition to catering to businesses in various industries through the Lars manufacturing facility.

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000