Mukka Proteins' Joint Venture Secures ₹474.89 Crore Contract for Innovative Leachate Treatment in Bengaluru
Mukka Proteins Limited, known for fish product manufacturing, has entered the environmental solutions sector through a joint venture. The company secured a ₹474.89 crore contract from Bengaluru Solid Waste Management Limited for treating legacy leachate at Mittaganahalli and Kannur landfill sites. The four-year project, with Mukka holding a 76% stake in the JV, involves an estimated CAPEX of ₹100 crore and a six-month construction timeline. This strategic diversification aims to address environmental challenges, ensure zero untreated discharge, and potentially open new opportunities in environmental conservation efforts.

*this image is generated using AI for illustrative purposes only.
Mukka Proteins Limited , a leading manufacturer and exporter of fish meal, fish oil, and fish-soluble paste, has announced a significant expansion into environmental solutions. The company's joint venture with Hardik Gowda and MS Jathin Infra Private Limited has been awarded a ₹474.89 crore contract by Bengaluru Solid Waste Management Limited (BSWML) for the treatment of legacy leachate at the Mittaganahalli and Kannur landfill sites in Bengaluru.
Key Details of the Contract
| Aspect | Details |
|---|---|
| Contract Value | ₹474.89 crore (exclusive of GST) |
| Project Duration | 4 years |
| Mukka's Stake in JV | 76% |
| Estimated CAPEX | ₹100 crore |
| Construction Timeline | Approximately 6 months |
Strategic Diversification
This contract marks a strategic shift for Mukka Proteins, expanding its operations beyond its core business of fish product manufacturing. The company's CEO and MD, Mr. Kalandan Mohammed Haris, emphasized the significance of this milestone, stating, "This order marks a transformative milestone for Mukka as we expand our capabilities into environmental and sustainability-led solutions."
Project Scope and Impact
The project involves the comprehensive treatment and safe disposal of legacy leachate accumulated at the Mittaganahalli and Kannur landfill sites. Legacy leachate, a long-standing pollution hazard in Bengaluru, poses significant risks to groundwater, lakes, and surrounding ecosystems. This initiative represents a crucial step towards restoring ecological balance and mitigating environmental challenges in these landfill regions.
Technological Expertise
Mukka Proteins' selection for this critical environmental project reflects the trust placed in its technical expertise and execution capabilities. The company's experience in managing over 2 MLD of fish wastewater across its fishmeal plants has demonstrated its ability to operate complex, large-scale treatment systems efficiently.
Environmental and Economic Implications
- Zero Untreated Discharge: The project aims to ensure no untreated leachate is released into the environment.
- Resource Efficiency: Advanced leachate-treatment technologies will promote resource-efficient circularity.
- Environmental Footprint Reduction: The initiative will significantly reduce the environmental impact of decades-old landfill sites.
- Future Opportunities: Success in this project could unlock new opportunities in environmental conservation efforts, given the presence of similar leachate-affected ponds in other regions.
Conclusion
This contract not only represents a significant business opportunity for Mukka Proteins but also aligns with broader environmental conservation efforts. As the company ventures into this new domain, it sets the stage for potential growth in the environmental solutions sector while contributing to sustainable urban development in Bengaluru.
Investors and industry observers will be keenly watching the execution of this project, as it could pave the way for similar initiatives across India, addressing the critical issue of legacy waste management in urban areas.
Historical Stock Returns for Mukka Proteins
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.20% | +2.85% | +7.04% | -16.29% | -37.89% | -38.44% |









































