Whalesbook
Toh JFE ne Antony Waste ki 25% stake ₹128 Crore mein li hai. Yeh partnership Kadapa aur Kurnool mein waste-to-energy plants banane ke liye hai, jiska total budget ₹650 se ₹700 Crore tak ja sakta hai. JFE hi construction aur engineering sambhalegi.
Company ko umeed hai ki yeh projects next 20 saal mein lagbhag ₹3,200 Crore ka annual turnover dengi. Lekin ek badi dikkat yeh hai ki, is project ka 70 se 75% fund debt se aayega, matlab company ne bahut saara loan liya hai.
Yeh waise bhi waste-to-energy sector mein India ka pehla Japanese FDI hai, jo dikhata hai ki global players ko India ke potential par bharosa hai. JFE ke paas aise projects ka global experience hai, toh kaam speed mein hoga.
But yahan tension yeh hai ki itna zyada debt future mein problem create kar sakta hai, agar revenue expectations poori nahi hui toh. Upar se, bijli bechne ka rate ₹8.10 per unit fix hai. Agar future mein market rates change hue toh profit margins par pressure aa sakta hai.
Har plant roz 1,000 tonnes waste handle karega aur 15 MW bijli banayega, jisme se 80-85% capacity use hogi. India mein abhi bhi hum bahut kam waste (sirf 5%) hi waste-to-energy mein convert kar pa rahe hain, toh growth ka scope toh hai.
Experts keh rahe hain ki yeh high debt levels, jabki interest rates badh sakti hain, Indian infrastructure projects mein pehle bhi dikkat de chuke hain. Antony Waste ko land permits aur construction deadlines bhi manage karne honge jo May-June mein start honge.