Mukka Proteins Limited, a key player in the fish meal and oil industry, is expanding its horizons with a major foray into environmental services. The company announced that its joint venture (JV) with Hardik Gowda and MS Jathin Infra Private Limited has bagged a substantial work order from Bengaluru Solid Waste Management Limited (BSWML). Valued at ₹4,74,89,14,500 (approximately ₹475 crore, exclusive of GST), the contract focuses on the treatment and disposal of legacy leachate accumulated at the Mittaganahalli and Kannur landfill sites. This disclosure, made under Regulation 30 of SEBI (LODR) Regulations, 2015, marks a strategic diversification for Mukka Proteins into waste management.
Project Highlights: Tackling Urban Waste Challenges
The order, dated December 3, 2025, involves critical environmental work to address leachate—a toxic liquid byproduct from landfills that poses risks to groundwater and ecosystems. Key details include:
- Scope of Work: Treatment and disposal of legacy leachate at two major Bengaluru landfill sites.
- Duration: Up to four years or until complete treatment and disposal, whichever comes first.
- Nature: Domestic contract with no related party transactions or promoter interests involved.
- JV Partners: Mukka Proteins teams up with Hardik Gowda and MS Jathin Infra for execution.
This project aligns with India’s push for sustainable waste management, especially in rapidly urbanizing areas like Bengaluru. By handling leachate, the JV will help mitigate pollution and support cleaner urban environments, potentially setting a precedent for similar initiatives across the country.
