Antony Waste Handling Cell Limited (AWHCL) is one of the top five players in the Indian Municipal Solid Waste (MSW) Management industry, providing a full spectrum of MSW services. It chiefly caters to municipal bodies, and has undertaken more than 25 large-scale projects over the course of nearly 2 decades, of which 18 are ongoing. The Company provides a full range of MSW management services including Collection & Transfer (C&T;), mechanized sweeping, waste processing and waste-to-energy. The current portfolio of projects comprise 12 C&T; projects, two MSW processing projects and four mechanized sweeping projects. The project portfolio is diversified across multiple municipalities in urban and semi-urban areas, thus minimizing counter-party risk. The projects also have different time periods and thus expire at different times, creating a...