UK-based firms to invest Rs. 1,500 cr in waste-to-energy projects in South

now viewing

UK-based firms to invest Rs. 1,500 cr in waste-to-energy projects in South

August 31, 2017 Anand Gupta

Order- Seeking for the Condonation of Delay of 273 days in filing the Appeal as against the Impugned Order by CERC

now playing

In the matter of Approval under of the CERC (Conduct of Business) Regulations for the determination of transmission Tariff - EQ

August 31, 2017 Anand Gupta

Suzlon Energy shares surge over 100% in last 1 month; up 7 percent today

now playing

Suzlon Q2 results: Net profit jumps to Rs 201 cr, income at Rs 2,121 cr - EQ

August 31, 2017 Anand Gupta

ESG push Banks increase funding for green energy, records low demand for thermal power projects

now playing

CSR: MoU Signed to boost green projects in rural areas - EQ

August 31, 2017 Anand Gupta

Coalescing ESG’s Shared Value with Business Goals for the Creation of Net-Zero Future

now playing

Need to reduce carbon emissions to net zero by 2070 says Union Minister Manohar Lal - EQ

August 31, 2017 Anand Gupta

now playing

NTPC Green Energy gets Sebi nod for ₹10,000-crore IPO - EQ

August 31, 2017 Anand Gupta

Major Indian Solar Panel Maker Dazzles In Market Debut - EQ

August 31, 2017 Anand Gupta

Investors with $4 trillion assets aim to tackle Asian firms on climate change goals

now playing

Delhi air quality dips again, Gopal Rai urges urgent action on pollution - EQ

August 31, 2017 Anand Gupta

now playing

MNRE Updated (28.10.2024) List-I under ALMM order for Solar PV Modules - EQ

August 31, 2017 Anand Gupta

now playing

In the matter of Procedure, Terms and Conditions for Grant of Transmission License Regulations for Augmentation of 2x500 MVA at Karur PS - EQ

August 31, 2017 Anand Gupta

Ministry of Environment, Forest and Climate Change

now playing

Compelling necessity for ensuring strict and efficient implementation of GRAP-II presently invoked for abatement of air pollution in NCR: CAQM - EQ

August 31, 2017 Anand Gupta

KOCHI, AUG 30:
GJ Nature Care & Energy (GJNCE) and GJ Eco Power (GJEP), two UK-based firms, are planning to invest close to ₹1,500 crore over a period of five years in waste-to-energy projects across South Indian cities.

GJNCE has won a global bid for a waste-to-energy project in Kochi under DBFOT (Design, Build, Finance, Operate and Transfer) at an estimated outlay of ₹300 crore.

While GJEP would be responsible for capital investments and technology, the state government and Kochi Corporation would supply municipal solid waste and buy back the power generated at the plant, Giby George, Managing Director, GJNCE said.

The company uses the gassification process, a technology developed by Germany to process waste, a proven model across the world with more than 2,000 plants. At present there are no such plants in India, he said, adding that discussions are in progress to set up waste-to-energy projects in Chennai, Bengaluru, Madurai and Coimbatore.

It is estimated that 65 million tonnes of MSW and billions of litres of sewage are generated across the urban areas of the country, including large quantities of solid and liquid waste. The Ministry of New and Renewable Energy has assessed the potential for generating 1700 MW of power from urban waste and 1300 MW from industrial waste. The 11th Five-Year Plan also targets 4000 MW of power generation from waste, he said.

The estimates of the Indian Renewable Energy Development Agency (IREDA) indicate that India has so far realised only about 2 per cent of its waste-to-energy potential. This offers a huge opportunity for proven technologies to enter India, he added.