SPV for sewage control

The Ministry of Environment and Forests (MoEF) plans to set up a special purpose vehicle (SPV) for projects to control municipal and industrial sewage generated in the country. The SPV, a joint venture between the Centre and the States, will facilitate faster execution of projects.

“We are looking at alternative ways of executing projects by bringing in a private partner who can increase the sewage treatment capacity by setting up sewage treatment plants (STP) on a build-operate-transfer basis,” said Jairam Ramesh, Minister for Environment and Forests. As part of Mission Clean Ganga, no untreated municipal sewage and industrial effluents are to flow into the river by 2020. An estimated investment of Rs15,000 crore over the next 10 years will be required to create the necessary treatment and sewerage infrastructure.

Advertisements