8/24/2015

GlobalsocialfundsvisitsAhmedabadbasedDryWasteManagementCompany'sLetsRecycleunitstimesofindiaeconomictimes
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Globalsocialfundsvisits
AhmedabadbasedDryWaste
ManagementCompany'sLets
Recycleunits

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VishalDutta,ETBureau Oct10,2014,07.44PMIST

Tags: NEPRA

Let'sRecycle

KurtStrasser

DryWasteManagementCompany

CGAP/WorldBank

AHMEDABAD:GlobalSocialfundsandinvestment
agenciesvisitedatAhmedabadbaseddrywasterecycling
company,NEPRAResourceManagementthatrunsunder
brandLet'sRecycle.OfficialsfromCDC,KfW,ArunLLC
andCGAP/WorldBankhadatourofNEPRA'srecycling
unit's.
ThevisitcoincidedwithPrimeMinister'sNarendraModi's
NationalCampaign"SwachhBharatAbhiyan",acleanIndia
initiativelaunchedlastweek.Thepurposeofglobalsocial
fundsandinvestmentagenciestovisitNEPRA'sfacilities
wastoseeLet'sRecycleoperationsandfindoutwhether
theyareeconomically&environmentallyinclusiveand
sustainableinnature.

(GlobalSocialfundsand)

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Kfw

CDCisapubliclimitedcompanywhosesoleshareholderistheUKgovernmentanditinvestsintargeted
emergingmarkets.WhiletheKfW,isaGermangovernmentowneddevelopmentbank,basedinFrankfurt
andArunLLCisintoinvestingintodevelopingcountries.ConsultativeGroupofAssistthePoor(CGAP)isa
globalpartnershipof34leadingorganisationthatseekstoadvancefinancialinclusion.CGAPispartof
WorldBank.India'ssocialventurefundAavishkaarhadalreadyinvestedtwiceinNEPRA'sLet'sRecycle.
MrSandeepPatel,CEO,NEPRA,said"Theyaremorefocusedonimpactfundingandincludessocialas
wellasenvironmental."Thecompanyisplanningtoraiseitsthirdroundofcapitaltofundtheexpansionof
itsnetworktoothercitiesofGujarat,includingSuratandVadodara.
KurtStrasser,SeniorSectorSpecialist,KfWsaid"Isurelylearntalotaboutwhat"Let'sRecycle"andhowit
fitsintothebiggerpicturewithwhichweatKfWaremostlyconcernedwith."
Hefurthersaid,"IndianeedsanIndianversionofWasteManagementmodelforitsfuture,andpurelycopy&
pastesolutionsfromabroadwillnotliveuptothechallengesahead.NEPRAimpressivelydemonstrateshow
ideasandcommitmentofprivateplayerscancontributetothecommongood,notonly(albeitimportant!)to
theprofitoftheentrepreneur."
Accordingtothecompany,thedelegationwantedtoknowthebusinessmodelandoperationsofNEPRAas
wellasunderstandthesimplicityandprocessdrivenapproachofNEPRAtobringthe"Wastepickers"under
economicalinclusionfoldandalsotoseehowthehandlingofmultiplewastestreamsaredoneextensively
byuseoftechnology.
Nearly,1000plusnumbersofWastePickersand10numberofCollectionVehicledriversacross
AhmedabadhaveenrolledwithLet'sRecycleinitative.NEPRAusesinternallydevelopedsoftwaretotrack
themovementofwastefromcollectionpointstotherecycler.NEPRAsimpleuseoftechnologyhas
empoweredmanypeopletoincreasetheirincome.
DailywastegenerationinAhmedabadisestimatedtobearound3,600tonnesandthepercapitawaste

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8/24/2015

GlobalsocialfundsvisitsAhmedabadbasedDryWasteManagementCompany'sLetsRecycleunitstimesofindiaeconomictimes

SPOTLIGHT
Nuclearpower

generationinthecityisestimatedataround0.40.6kgperday.DisposalofwasteinAhmedabadis
essentiallyintheformofdumpingittoacresoflandfillsite,particularlyatPirana.
AsperUKTrade&Investment2012report,India'ssolidwasteisestimatedat188,500tonneperday(TPD)

Taiwantales
ofmunicipalsolidwaste,mostofwhichendsupinlandfillsontheoutskirtsofcities.Thiswillincreaseto
260milliontonneby2047.

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