Come January 1, 2012, parts of Chennai City will have a new waste management project, to make its environs that much cleaner.
Ramky Enviro Engineers Ltd. will handle 1,500 tonnes of waste per day. It will procure and deploy a fleet of 1,500 tricycles, 3,000 compactor bins, 3 mechanical sweeping machines and 70 new compactors as well as adequate dumper vehicles to do the job.
The Hyderabad-based company has bagged a contract worth Rs 560 crore from the Corporation of Chennai. The project involves collection, segregation and transportation of the waste. It will be implemented in three new zones (9, 10 and 13) of the Corporation.
The project will be implemented through a special purpose vehicle and the gross revenue is expected to be around Rs. 80 crore per annum amounting to Rs. 560 crore over the duration of the contract.
The project was bagged by Ramky Enviro, part of the Rs 6000 crore Ramky Group, against stiff International competition and multinational companies in the tender process.
The work of collection and transportation will start in a phased manner in the New Year and aims to achieve a clean and hygienic environment in the 3 zones of Corporation of Chennai, a company release said.
Ramky Enviro has been implement waste management projects, especially municipal solid waste, hazardous materials, recyling in different parts of the country as well as abroad. The Company has 26 subsidiaries and 85 facilities in nearly 50 locations across India, South East Asia, Vietnam, Middle East and Africa.