Oct 12 Essel Infra, a part of the Subhash Chandra-led Essel Group, has signed a Concession Agreement with the National Mission for Clean Ganga in Delhi for development of a sewage treatment plant under the hybrid annuity-based PPP mode. Essel Infra is the PPP partner for the 50 MLD Sewage Treatment Plant (STP) contract based on the hybrid annuity-PPP model. The project is the first of the two such projects awarded under Namami Gange Program.
The project, to be constructed in a span of 18 months, will be operated and maintained for 15 years by Essel Infra, the company said. The STP will treat 5 crore litres of sewage of Varanasi city every day. The project will use world class SBR (Sequencing Batch Reactors) technology to treat sewage as per stringent international quality standards. Currently, the entire sewage is being pushed in the River Gange without any treatment mechanism and is a major source of pollution in the river, it added.
Rohit Modi, CEO, Essel Infra, said, “We are proud to be associated with the ‘Namami Gange Programme’ helmed by the Prime Minister. This is an important milestone to achieve the goal of ‘Swachh Bharat’ and cleaning the Holy River Ganga. We are committed to complete the project before the scheduled timeline”.
According to Rana Kapoor, MD & CEO, YES Band and Chairman, YES Global Institute said, “Namami Gange projects are a true manifestation of the Clean India initiative. YES Bank, given its Responsible Banking ethos, is committed to sustainable projects in Sewage Treatment Plants and other related segments, which have significant social and ecological impact. Essel Infra has a proven track record in executing urban infra projects and we are pleased to be supporting this 1st of its kind project in India.”
Essel Infra is leading the consortium for the project, will undertake complete designing, development, finance and construction work of the STP, its Effluent Disposal Pipeline and all associated infrastructure. The company is a well-established name in the infra sector due to its indelible credibility of undertaking large projects across the length and breadth of the country with the help of its state-of-art equipment and highly trained manpower. This first of a kind Sewage Treatment Project is being managed under the ‘Namami Gange Programme’, a Flagship Programme of the Central Government.