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27-11-2012 - Ramky Enviro, Chinese firm to take up waste to energy projects

Ramky Enviro, Chinese firm to take up waste to energy projects Hyderabad, Nov. 27: Ramky Enviro Engineers Ltd along with Chinese company Chongqing Sanfeng Environmental Industry Group plans to address the waste to energy project market in India through a joint venture.

“Hitherto, the Chinese company was an equipment supplier and an EPC contractor for some of the projects Ramky is currently executing. We are now set to expanding this engagement through a joint venture company to take up more projects together,” said Mr. Goutham Reddy, Director of the Rs 6,500-crore Ramky Group.

Gautham Reddy told Business Line that this venture is aimed at expanding the scope of the work to be handled together. A memorandum of understanding was signed with the Chinese company and the efforts will be to make use of each others expertise in waste to energy projects.

The joint venture will be formed within two months. Already the venture partners have build, operate and transfer waste to energy projects in Mumbai Metropolitan Development Authority, Hyderabad, New Delhi and Chennai worth about $300 million (about Rs 1,650 crore). This includes a 24-MW project in Delhi at about $60 million (about Rs 330 crore).

The metropolitan areas generate huge waste and its disposal is a big challenge. Projects that help waste disposal and also enable in power generation is the way to go forward. Most of the major cities are looking at setting up waste to energy projects, he said.

10-03-2012 - Ramky Enviro Plans to Invest.1,500 cr to Expand Businesses

Waste management services firm Ramky Enviro Engineers Limited plans to invest at least Rs 1,500 crore over the next three years to expand businesses in municipal waste and recycling verticals where it expects to secure projects and anticipates growth. Ramky is among the shortlisted bidders for municipal solid waste management projects in Visakhapatnam,Jodhpur and Jaipur. It has also signed an agreement with the municipalities of Chennai and Delhi where it needs to invest on infrastructure over the next two years. Municipal waste and recycling verticals now make up for about 35% of the company's revenues, which it expects to reach 50% in the coming years. It earns the balance revenue from industrial, medical and hazardous waste projects. Ramky is currently implementing 13 hazardous waste management facilities, 15 hospital waste projects and 30 municipal waste projects, spread over 27 Indian cities and several countries, where it has so far invested around Rs 1,000 crore. Much of the Rs 1,500 crore will be deployed in India where we will look at partnering with governments and extend the municipal waste services to tier-II and tier-III cities. We are also consciously looking to expand out footprint in countries outside India such as Singapore, Middle-East and Africa, Ramky group executive director M Goutham Reddy said. Some 25% of REEL revenues now come from overseas markets that include UAE,Iran,Saudi Arabia,Nigeria,Republic of Ivory Coast and Uganda among others. Governments in other countries that avail services of Indian companies such as Ramky are able to conserve about 40% of their costs compared to the service outsourced to foreign firms, he said. Reddy said the Rs 1,100 crore company is planning to tap the capital market with initial public offering to raise funds required for new projects. With its debt equity ratio now at 0.6,the company also plans to leverage balance sheet to raise institutional debt as well. We will file our draft red herring prospectus by June and intend to raise enough money to support all our capital expansion plans. Ramky Enviros promoters hold over 95% of equity while the balance is held by private equity players.Post IPO, the holding of promoters will come down to around 75%.Last fiscal,REEL saw its revenues grow by 55%,buoyed by the increasing opportunities for municipal waste projects in the domestic market. The proposed investment will help the company sustain the growth momentum, with more investments coming by, Reddy said.

13-01-2012 - Ramky on road to make it a clean Chennai

Taking over from previous service provider Neel Metal Fanalca, the new company has taken a contract for seven years.

The company has 4,000 employees, who will be putting into use 1,500 tricycles, 3,000 garbage cans of 1,100 litre capacity, 2,200 garbage cans of 120 litre capacity, 678 compactor lorries and nine emergency vehicles to clear garbage in the city.

The Corporation will pay '1,469 for every ton of garbage removed. Installation of plastic bins at a cost of '110 crore was started last week.

Speaking at the inaugural function held at the Gopalapuram playground, Chennai Corporation Mayor Saidai Duraisamy said that Chief Minister J Jayalalithaa had initiated several steps to improve living conditions in the city. "Creating garbage free areas, providing quality roads, sanitation and education has been given prime importance," he said.

Ramky Enviro will begin work in Ward 10 from January 21 and in Ward 13 from January 25. Laying of plastic roads which began last week and garbage clearance is just the beginning of things to come, said a press release from the Corporation. Plans are under way to close the seven smaller garbage collection units in the city and directly transport the garbage to Perungudi and Kodungaiyur.

Source segregation of garbage will be implemented on a step-by-step basis, and people will be expected to cooperate wholeheartedly with the workers for the smooth and effective functioning of the process. Others present at the inaugural function were Deputy Mayor P Benjamin, Corporation Commissioner PWC Davidar, Deputy Commissioner (Works) Dr R Anandakumar, Chief Engineer K Vijayakumar, Superintending Engineer (SWM) MS Premnath, and the Ward Councillors Sakthi, SIC Manikkam and Murugan.

Press Coverage

27-11-2012 - Ramky Enviro, Chinese firm to take up waste to energy projects - The Hindu Business Line

Ramky Enviro, Chinese firm to take up waste to energy projects Hyderabad, Nov. 27: Ramky Enviro Engineers Ltd along with Chinese company Chongqing Sanfeng Environmental Industry Group plans to address the waste to energy project market in India through a joint venture.

“Hitherto, the Chinese company was an equipment supplier and an EPC contractor for some of the projects Ramky is currently executing. We are now set to expanding this engagement through a joint venture company to take up more projects together,” said Mr. Goutham Reddy, Director of the Rs 6,500-crore Ramky Group.

Gautham Reddy told Business Line that this venture is aimed at expanding the scope of the work to be handled together. A memorandum of understanding was signed with the Chinese company and the efforts will be to make use of each others expertise in waste to energy projects.

The joint venture will be formed within two months. Already the venture partners have build, operate and transfer waste to energy projects in Mumbai Metropolitan Development Authority, Hyderabad, New Delhi and Chennai worth about $300 million (about Rs 1,650 crore). This includes a 24-MW project in Delhi at about $60 million (about Rs 330 crore).

The metropolitan areas generate huge waste and its disposal is a big challenge. Projects that help waste disposal and also enable in power generation is the way to go forward. Most of the major cities are looking at setting up waste to energy projects, he said.

08-10-2012 - Biodiversity meet generates 9.2 tonnes of trash!

It was generated by over 1,000 delegates from 65 countries in five days

Ramky personnel handling the waste generated at the biodiversity meet in Hyderabad.

Biodiversity is all about the variety of life on earth and how to protect it. But the ongoing global summit on this important subject has generated a variety of trash.

An incredible 9.2 tonnes of solid waste was generated during the five-day Meeting of Parties (MoP) which concluded on Friday. This huge waste was generated by over 1,000 delegates from 65 countries in just five days. It includes paper, plastic, metal, glass and food.

When the conference opened on October 1 the waste was mere 130 kg. The next day it increased to 630 kg and the third day touched 2.1 tonnes. On the fifth day when the MoP ended, a whopping 3.4 tonnes waste was generated.

Ramky Enviro Engineers, who are handling the waste produced in biodiversity event, are surprised at the sheer amount of waste produced. No prizes for guessing how much litter will be generated during the 12 day Conference of Parties 11 (CoP) beginning on Monday.

Two trucks

Blue, green, red, white, terracotta bins can be seen strategically placed at the sprawling HICC and HITEX with paper, food, plastic, glass and metal waste labelled on them. A total of 20 sets are placed. Ramky has deployed two managers, four supervisors and 20 house keeping staff to manage the waste. Two trucks have made as many trips to shift the waste to the GHMC dumping site at Jawaharnagar.

“All this will be recycled to reduce the impact of waste to a sustainable manner,” a Ramky official said. Of course, the whole thing is being done according to the guidelines of Municipal Solid Waste (Management & Handling) Rules, 2000.

Many delegates throw away the left over food along with the paper plate in a bin. “We tell them to dispose the food in the food bin and plate in other bin,” the official said.

In fact, the multicoloured bins are intended to educate delegates and visitors alike about segregation of waste at source. It is a proactive education that Ramky engineers have taken up to create awareness among the participants about collection, segregation and disposal of waste.

Covered by black disposable covers, the filled in bags are carried by the housekeeping staff to designated places for bulk collection through pull push 1100 litre carts at Hitex and HICC areas.

21-08-2012 - Newspaper Coverages

Hindu
Publication: Hindu (Chennai)
Dated:20.07.2012
Times of India
Publication: TOI ( Hyderabad)
Dated: 21.06.2012
Deccan Herald
Publication: Deccan Herald (Bengaluru)
Dated: 09.07.2012
Economic Times
Publication: Economic Times
Dated: 09.07.2012

10-05-2012 - Newspaper Clippings

The Hindu
Publication: The Hindu
Dated: 30.3.12
Deccan Chronicle
Publication: Deccan Chronicle
Dated:17.3.12
Economic Times
Publication: Economic Times
Dated:10.3.12
TOI
Publication: TOI ( Chennai)
Dated: 19.1.12
The New Indian Express
Publication: The New Indian Express
(Chennai)
Dated: 13.1.12
Deccan Chronicle
Publication: Deccan Chronicle
( Hyderabad)
Dated:13.1.12
DNA
Publication: DNA ( Indore)
Dated: 12.1.12
HBL
Publication: HBL
Dated: 29.2.12
Times of India
Publication: Times of India ( Chennai)
Dated:11.1.12
Business World
Publication: Business World
Dated:10.1.12
Business World
Publication: Business World
Dated:10.1.12
Business World
Publication: Business World
Dated: 10.1.12
Deccan Chronicle
Publication: Deccan Chronicle
(Hyderabad)
Dated: 24.2.12
Business Today
Publication: Business Today
Dated:16.9.11
The New Indian Express
Publication: The New Indian Express
(Hyderabad edition)
Dated:24.9.11
The Hindu
Publication: The Hindu (Hyderabad edition)
Dated:24.9.11
Namaste Telengana
Publication: Namaste Telengana
Dated:4.7.11
Sakshi
Publication: Sakshi
Dated:30.6.11
Eenadu
Publication: Eenadu
Dated:30.6.11

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