Z-Tech (India) Limited has achieved a major milestone by emerging as the H1 bidder for a prestigious infrastructure project initiated by the Amdavad Municipal Corporation (AMC). Under the Public-Private Partnership (PPP) model, the company has been awarded the contract for the design, engineering, and development of a unique Waste-to-Art World Park at Ognaj, Ahmedabad, Gujarat.

This project, valued at ₹20 crore, is a landmark initiative promoting sustainability and eco-friendly infrastructure. Of the total project cost, 75% will be funded by AMC, while Z-Tech (India) Limited will contribute the remaining 25%. The project includes not only the construction and development phase but also operation, maintenance, and management over a period of 20 years.

Project Highlights

The Waste-to-Art World Park aims to be a one-of-a-kind sustainable infrastructure initiative, transforming waste materials into monumental artistic structures. The park will showcase replicas of iconic landmarks from five continents—Asia, Africa, Europe, the United States, and North America—all created using recycled waste.

This project aligns with India’s growing emphasis on environmental conservation and waste management, setting an example for sustainable urban development. By utilizing discarded materials for artistic purposes, the initiative aims to raise awareness about waste reduction and recycling while enhancing the cultural landscape of Ahmedabad.

Strategic Importance of the Project

The Waste-to-Art World Park is more than just an infrastructure project; it represents Z-Tech (India) Limited’s commitment to sustainability, innovation, and public-private collaboration. With a 20-year operational timeline, the project will contribute to:

• Sustainable Urban Development: Encouraging waste recycling and creative reuse in large-scale projects.
• Tourism & Public Engagement: Attracting visitors to Ahmedabad with artistic structures made from waste materials.
• Corporate Growth & Market Impact: Strengthening Z-Tech’s presence in the infrastructure and sustainability sector.

Financial & Operational Structure

The ₹20 crore project will be jointly funded by AMC and Z-Tech (India) Limited, ensuring efficient financial allocation and long-term sustainability. Key financial highlights include:

• ₹15 crore (75%) funded by AMC, ensuring strong public support and investment.
• ₹5 crore (25%) contributed by Z-Tech (India) Limited, demonstrating the company's confidence in the project’s success.
• 20-year maintenance and management period under the PPP model, ensuring long-term oversight and project success.

Z-Tech (India) Limited’s Vision and Future Prospects

With this project, Z-Tech (India) Limited has reinforced its position as a leader in sustainable infrastructure development. The company has been actively participating in large-scale infrastructure projects that align with India’s mission for eco-friendly urbanization and smart city initiatives.

Ashish Goel, Company Secretary of Z-Tech (India) Limited, emphasized that the project is a major step forward in integrating sustainability with infrastructure development. He further stated that successful execution of this initiative would enhance Z-Tech’s portfolio and set new benchmarks in waste-to-art transformation.

Impact on Stock Market and Industry Trends

Following the announcement of this major project acquisition, investors and industry analysts will be keenly observing the stock performance of Z-Tech (India) Limited (NSE Symbol: ZTECH). The project is expected to:

• Boost investor confidence in Z-Tech’s growth potential and market position.
• Strengthen AMC’s urban sustainability initiatives, setting a precedent for future PPP projects.
• Inspire similar eco-friendly infrastructure projects across India, promoting green development trends.

Conclusion

The award of the ₹20 crore Waste-to-Art World Park project to Z-Tech (India) Limited is a remarkable achievement in the company’s journey toward sustainable infrastructure development. This project not only highlights the company’s expertise in engineering and urban planning but also underscores its commitment to environmental sustainability.

With support from AMC, innovative use of waste materials, and a long-term operational plan, the project is set to become a model for eco-friendly infrastructure development in India. As Z-Tech (India) Limited moves forward with this initiative, the company continues to expand its impact in the infrastructure sector, paving the way for greener and more sustainable urban landscapes.

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