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Thursday, August 25, 2011

IPDF & CDA join hands to develop waste to energy for Islamabad on Public Private Partnership basis

In order to address the current and future problems related to solid waste management in the city, CDA in collaboration with Infrastructure Project Development Facility (IPDF) has a conceived a modern Municipal Solid Waste Management Project under public private partnership model.

According to a spokesperson of IPDF, globally cities and municipalities are devising innovative methods and use of modern technology for integrated solid waste management. Water, sanitation and solid waste management sectors offer tremendous potential for private sector participation which can be harnessed for bringing improvement in the quality of citizen’s lives.
Moreover; the urban waste can be used in number of ways e.g. composting, residual drive fuel and waste to energy conversion purposes. “Such effective disposal of waste may definitely result into generation of reliable revenue stream; which may increase the technical and financial viability of the project.
In this regard fertilizer and cement industry may prove to be consistent customers of urban waste; that may serve their ends in various ways, he added.
A feasibility study for the project on urgent basis has already been initiated with the assistance from Infrastructure Project Development Facility (IPDF), with the objective of executing the project on Public Private Partnership (PPP) basis.
IPDF is the central PPP unit of the Government of Pakistan working under aegis of Ministry of Finance. In view of the inherent attractiveness of this project, this can safely be anticipated that private sector sponsors will generate adequate level of returns from the project. SANA