What services will Krystal Integrated Services provide to VVCMC?

Krystal will provide municipal solid waste management, including door-to-door collection, segregation, and transportation.

What is the total value of the contracts Krystal Integrated Services won?

The aggregate value of the three contracts secured by Krystal Integrated Services is Rs 152 crore.

How long are the contracts awarded to Krystal Integrated Services?

The contracts awarded to Krystal Integrated Services are for a duration of five years each.

Home / Business and Economy / Krystal Integrated Services Wins Major Civic Contracts

Krystal Integrated Services Wins Major Civic Contracts

12 Jan

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Summary

Krystal secures three 5-year contracts worth Rs 152 crore.
Contracts are for municipal solid waste management services.
Services include collection, segregation, and transportation of waste.

Krystal Integrated Services Wins Major Civic Contracts

Krystal Integrated Services announced a major win, securing three five-year contracts valued at an aggregate Rs 152 crore from the Vasai Virar City Municipal Corporation (VVCMC). These agreements focus on essential municipal solid waste management services.

The scope of work includes comprehensive door-to-door waste collection, meticulous segregation, and efficient transportation to designated disposal sites. These operations are mandated to comply with the Solid Waste Management Rules of 2016, ensuring adherence to national standards for waste handling.

These newly awarded contracts, covering Prabhag C, F, and G, reinforce Krystal Integrated Services' position in providing integrated facility management. The company's previous financial quarter saw a 13% decline in consolidated net profit despite a 6.5% revenue increase, making these new contracts a significant boost for future performance.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.