India, April 8 -- Antony Lara Enviro Solutions (Antony Lara), a material subsidiary of Antony Waste Handling Cell, has approved and entered into Share Subscription Agreement and Shareholders' Agreement with JFE Engineering Corporation, Japan (JFE) for an investment over ' 750 Million in two Special Purpose Vehicles (SPVs), namely Kadapa Renew Energy and Kurnool Renew Energy, incorporated for setting up of two Waste-to-Energy Project in Andhra Pradesh.The proposed investment shall be made through a primary issuance of shares by the aforesaid SPVs, pursuant to which JFE Engineering Corporation will acquire a minority equity stake of 25% in each of the SPVs. Presently, both the SPVs are wholly owned subsidiaries of Antony Lara.Upon consummatio...