CG Infra Pvt Ltd, a member of Chaudhary Group, Nepal enters into an MOU with the IL & FS, India a name to contend with in the field of Infrastructural Development, Financial services and Social development in South Asia. The objective of this MOU is to co develop an effective Integrated Municipal Solid Waste Management (SWM) system for Kathmandu valley.
A scientific, large scale, well integrated plan for solid waste collection and disposal is needed for the 910m3 of daily waste generated in Kathmandu alone (Nippon Koel Co. Ltd & Yachiyco Eng Co. Ltd study).
According to Arun Chaudhary, MD, Chaudhary Group, this MOU marks a milestone in the SWM system here, in developing a Compost fertilizer and a Landfill in tune with the international norms followed in some of the best cities in the world. Working towards a PPP would be the next best step as the Private sector can bring in efficiency and technical expertise and the Public sector can bring in monitoring and enforcement.
CG Infra and the IL & FS would work together to bring in SWM options well suited to local conditions, confidence of all the stake holders, a political commitment, a fair and transparent process and of course, an Environment sustaining performance.