Friday, August 22, 2008

'One should also look at using the waste to generate power'

‘Changing lifestyles leading to more garbage in Chennai’

Chennai, Aug. 20 The Chennai-based Neel Metal Fanalca Environment Management Pvt Ltd, a joint venture between Neel Metal Products Ltd, India and Fanalca, S.A Colombia, has said that it is targeting to break even this financial year.
The company, which has invested over Rs 30 crore in its operations here, operates in four zones in Chennai and is involved in sweeping of roads, door to door collection and transfer of garbage to transfer station and transporting it to landfills. The company gets a tipping fee from the corporation for the garbage sent to the landfill and is free to sell the material segregated.
During a recent interaction with Business Line, Mr Vinay Maheshwari, Director, Neel Metal Fanalca, stressed the need to go beyond waste management.

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