Two Japanese companies to invest in Hyderabad WtE project

Hyderabad-based company, Nettlinx, has signed an agreement with two Japanese companies, Takara Leben and Kuni Umi, for setting up a 12 MW WtE plant near Mucherla, as TXF News reported. The plant will be set up with a possibility for increase in capacity to 14 MW. The estimated investment for the plant is INR 250 billion crores, and operations will commence in the next 18 months. Nettlinx will invest INR 78 crores through equity rate, the Japanese companies will contribute INR 23.4 crores, while the remaining INR 180 crores will be covered through debt. The plant will be built by SVGreen in technical collaboration with Hitachi Zosen, and will be able to process 700 tonnes of waste collected from GHMC (Greater Hyderabad Municipal Corporation) annually. There are also plans to set up two other plants, with the same capacity, at Karimnagar and Warangal. Nettlinx plans to set up 10 WtE plants with a cumulative capacity of 200 MW and an investment of INR 2,580 crores within the next 5 years.

Picture Credit: Vivekanand pokala, A typical charminar evening, CC BY-SA 4.0