Nepra to invest Rs 6.5 billion for North & North-East India expansion
WATER & WASTE

Nepra to invest Rs 6.5 billion for North & North-East India expansion

Nepra Resource Management Pvt Ltd, an Ahmedabad-based waste management firm, is set to invest Rs 6.5 billion in expanding its waste treatment and segregation operations in North and North-East India.

Currently managing over 1,000 tonnes of waste daily in cities such as Ahmedabad, Indore, Pune, Jamnagar, and Bengaluru, Nepra has already invested Rs 2.5 billion in solid dry waste management within these cities. The company aims to further invest Rs 6.5 billion over the next two years to establish waste treatment and segregation infrastructure in North Indian and North-Eastern cities, including Uttar Pradesh, Haryana, Rajasthan, and Maharashtra.

Sandeep Patel, CEO, Nepra Resources, stated, ?We are in the process of raising the required funds, which will be a combination of equity and structured debt.? The planned infrastructure will include Material Recovery Facilities (MRFs) for efficient waste management.

Nepra, which generates an annual revenue of about Rs 2.5 billion and has achieved an 80% year-on-year growth, also supplies around 300,000 tonnes of refuse-derived fuel (RDF) annually to cement kilns, reducing their reliance on coal. This RDF is sourced from plastic waste collected from various urban local bodies.

(Source: BusinessLine)

Nepra Resource Management Pvt Ltd, an Ahmedabad-based waste management firm, is set to invest Rs 6.5 billion in expanding its waste treatment and segregation operations in North and North-East India. Currently managing over 1,000 tonnes of waste daily in cities such as Ahmedabad, Indore, Pune, Jamnagar, and Bengaluru, Nepra has already invested Rs 2.5 billion in solid dry waste management within these cities. The company aims to further invest Rs 6.5 billion over the next two years to establish waste treatment and segregation infrastructure in North Indian and North-Eastern cities, including Uttar Pradesh, Haryana, Rajasthan, and Maharashtra. Sandeep Patel, CEO, Nepra Resources, stated, ?We are in the process of raising the required funds, which will be a combination of equity and structured debt.? The planned infrastructure will include Material Recovery Facilities (MRFs) for efficient waste management. Nepra, which generates an annual revenue of about Rs 2.5 billion and has achieved an 80% year-on-year growth, also supplies around 300,000 tonnes of refuse-derived fuel (RDF) annually to cement kilns, reducing their reliance on coal. This RDF is sourced from plastic waste collected from various urban local bodies. (Source: BusinessLine)

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?