Thursday, Mar 28 2024 | Time 18:38 Hrs(IST)
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Business Economy


Essel Infraprojects launches 1st Waste to Energy plant in Nagpur

Mumbai, Jul 16 (UNI) Essel Infraprojects Limited (EIL), a part of
Subhash Chandra-led diversified Essel conglomerate and country’s
largest integrated player in infrastructure, utilities, green and
smart city space, launched its first waste to energy (WtE) plant at
Nagpur in Maharashtra by performing 'bhoomipujan' of the plant on
Monday.
Union Minister for Road Transport & Highways Nitin Gadkari, state
Chief Minister Devendra Fadnavis and New & Renewable Energy Minister
Chandrashekhar Bawankule graced the occasion.
"We thank Mr Gadkari, Mr Fadnavis and Mr Bawankule for their
gracious presence on the occasion of ground-breaking ceremony of
solid waste treatment plant at Nagpur. This will be a catalyst to
provide cleaner air, water for citizens," Mr Chandra, Essel Group
chairman, said.
EIL has successfully commenced its state-of-the-art WtE and
collection & transportation (C&T) projects and operations in
Jabalpur (Madhya Pradesh), Ranchi (Jharkhand) and Amritsar (Punjab).
Nagpur Solid Waste Processing and Management Private Limited
(NSWPMPL), a company incorporated by EIL, will develop the project
by investing Rs 218.80 crore. Once the project is functional, it
will treat 800 tonnes of total 1,100 tonnes of waste generated in
city.
The Nagpur Municipal Corporation (NMC) will provide Rs 70 crore to
NSWPMPL as viability gap funding for execution under Swachh Bharat
Mission. NSWPMPL will develop the project in two years followed by
operation and maintenance for 13 years. The tipping charges of Rs
225 per tonne will be paid by NMC, which will increase by 4.5 per
cent every year, it was stated.
UNI RT SS NP1940
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