Refex Renewables Bags Rs 780 Mn Waste Management Contract

The plant, to be located in Avaniyapuram village, is designed to process 250 tonnes per day (TPD) of municipal solid waste and convert it into Bio-CNG. This initiative is part of a broader effort to promote sustainable waste management and renewable energy generation through public-private partnerships (PPP).

The project will be carried out under the Design-Build-Finance-Operate-Transfer (DBFOT) model. Under this model, Refex Green Power Limited will be responsible for designing and constructing the facility, financing the entire project cost, operating the plant for a stipulated concession period, and eventually transferring the asset back to the municipal corporation.

This contract highlights Refex Renewables & Infrastructure’s expanding footprint in the renewable energy and waste management sectors. The proposed Bio-CNG plant is expected to contribute to cleaner urban living by reducing landfill waste and promoting the use of alternative fuels. It also aligns with the government’s goals of promoting circular economy practices and reducing dependence on fossil fuels through the generation of clean energy from waste.

With this project, Refex aims to strengthen its position in the waste-to-energy segment and support urban infrastructure development through sustainable solutions.

News source: Rediff.com