Odisha Govt signed MoU with Essel Bhubaneswar MSW Ltd to dispose municipal solid waste

Bhubaneswar, 29 May-2014: Bhubaneswar and Cuttack together generate approximately 550 tons of municipal solid waste (MSW) daily. For treating and disposing the MSW collected from these two cities, Housing and Urban development department of Government of Odisha, proposes to develop a Regional MSW Processing and Landfill Facility through the Public Private Partnership (PPP) mode over an area of approximater 61.485 Acres at Bhuasuni. On behalf of H&UD Department, BMC had invited the bids and IDCO was the transaction advisor for the project.

Odisha Govt signed MoU with Essel Bhubaneswar MSW Ltd to dispose municipal solid waste

Odisha Govt signed MoU with Essel Bhubaneswar MSW Ltd to dispose municipal solid waste

Total 4 nos bidders had participated in the process wherein the bid award criteria were the lowest Tipping fee payable by BMC & CMC. The consortium of M/s Essel Infraprojects Limited and M/s Rochem Separation Systems (India) Pvt. Ltd emerged as the successful bidder quoting the lowest tipping fee of Rs 324 per ton of MSW. For project implementation, the bidder has incorporated a company Essel Bhubaneswar MSW Ltd”.

M/s Essel Bhubaneswar MSW Ltd shall within 6 (six) months prepare the Detailed Project Report, obtain approval from all Statutory authorities and achieve the Financial Closure. The Project shall be implemented in Design Build Operate & Transfer format and as per the terms of the Agreement M/s Essel Bhubaneswar MSW Ltd shall . within 2 years develop the MSW processing facility of 600 TPD capacity at Bhuasuni and transfer stations at Gadakana & Ghatikia in Bhubaneswar & Satichaura at Cuttack, procure ail equipments & vehicies for transfer of waste from Transfer stations to Bhuasuni. within 2(two) years timeframe and o operate & maintain the project for a period of 20(twenty) years thereof.

Lending facility from OUIDF shall also be made available to the Concessionaire for this project. An independent engineer shall be appointed by BMC & CMC for overseeing the project activities throughout the concession period.

Both BMC & CMC have entered into concession agreements with M/s Essel Bhubaneswar MSW Ltd. BMC & CMC shall be required to supply minimum assured MSW to the Concessionaire at the respective transfer stations and pay requisite tipping fees to the Concessionaire.

The company has proposed to adopt innovative & proven waste processing technologies (combination of waste to energy and composting) that are environment friendly and aims to contribute in developing a pollution-free environment. The project once in to operations will process the waste received from Bhubaneswar and Cuttack and dispose of the remnant materials in a scientific manner.

(Input Source: orissadiary.com)

Posted by on May 29, 2014. Filed under Economy. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.