Essel Infraprojects Ltd (EIL) will construct Maharashtra’s first Waste to Energy (WtE) plant with a capacity of 800 tonnes of waste.
This will be EIL’s first in the state fter implementing similar WtEs in Jabalpur (Madhya Pradesh), Ranchi and Amritsar, and the Nagpur project is scheduled to be operational within two years.
For the purpose, the EIL has set up a subsidiary – the Nagpur Solid Waste Processing & Management Pvt. Ltd, to develop the project with an investment of Rs 219 crores.
Besides the Nagpur Municipal Corporation (NMC) will contribute Rs 70 crore as viability gap funding to execute the project under the Swwachh Bharat Mission.
Once operational, it will treat 80 tonnes of the total 1,100 tonnes wastes generated in Nagpur city.
The NSWPMPL will also operate and maintain the plant for 13 years and the NMC will pay a tipping charge of Rs 225 per tonnes to be increased by 4.5 percent annually.
The NSWPMPL will generate its revenues from the Maharahstra State Electric Distribution Company Ltd and recover its investments.
This is a UNI News Feed
