Latest news with #RDF
Time of India
2 days ago
- Business
- Time of India
WtE plant to process refuse derived fuel, produce power
Lucknow: A waste-to-energy (WtE) plant will be set up at Shivri by the Lucknow Municipal Corporation soon. The plant will process refuse derived fuel (RDF) made from non-recyclable plastics, paper, cardboard and other combustible inorganic materials collected from the city and nearby municipalities and nagar panchayats. By processing RDF locally, the project is expected to cut down significantly high logistic cost of transporting waste to cement factories about 500 km away. The plant is part of city's plan to set up a 15 MW RDF-to-electricity unit aimed at managing waste and generating power from it. It will use 1,000–1,200 metric tonnes of RDF produced daily in Lucknow, which is transported to other locations. The project, estimated to cost Rs 450 crore, will be developed under a public-private partnership (PPP) model using the Design, Build, Finance, Operate and Transfer (DBFOT) structure. Funding will be divided among the private partner (50%), the state or urban local body (25%), and the central govt (25%), with Viability Gap Funding (VGF) proposed. Additional municipal commissioner Arvind Rao said the plant will handle waste and produce electricity. Mayor Sushma Kharakwal said the project aligned with goals related to waste and energy in urban and rural regions. "The plant is expected to be completed in over two years on 20–25 acres of land and will need 3 million litres water per day. It will create jobs, produce revenue through power sales and support carbon credit activities," she said. The facility will run on RDF with systems like stoker grate or fluidized bed boilers, high-pressure boilers, and turbines. Electricity produced will be sold to state's power utility under power purchase agreement. The plant has bag filters, scrubbers, and monitoring equipment for emission control to meet norms of Central and UP Pollution Control Boards. Residual ash may be reused in construction and cement-related work.
Irish Independent
5 days ago
- Business
- Irish Independent
One Wicklow town centre's long-awaited renewal design due within weeks
Wicklow County Council was initially awarded €3.5 million in 2019 under the Rural Development Fund (RDF). The works will include the re-allocation of road space, enhanced lighting, tree planting and landscaping as well as associated drainage works. In an update to the June meeting of Wicklow County Council director of services Fergal Keogh said further discussions are currently taking place with the design consultants, with the aim of finalising the documents for tender. 'Following Department sanction it is the intention to go to procurement, and that will obviously take its statutory time. But it is moving ahead quite strongly at the moment.' Cllr Pat Mahon stressed the importance of having a firm timeline, claiming the project is just being kicked down the road. 'We seemingly can never pin down a date for anything to start or anything to happen on this. So if we could get some kind of a guideline on timelines for that as well.' In response chief executive Emer O'Gorman vowed to get a response adding; 'I will get town regeneration officer Stephen Clarke to contact all the members with a programme timeline on that.'
The Star
03-06-2025
- Business
- The Star
How food packaging waste challenges South Africa's zero waste to landfill ambitions
Globally, 1.05 billion tonnes of food go to waste, and in South Africa, almost 10.3 million tonnes of food go to waste annually, says the writer. Image: Picture: Supplied Sustainability has become the watchword for South African corporates, as they grapple with both the public's demand for environmentally friendly products and the demands of Environmental, Social and Governance (ESG) reporting. However, this shift is now not only fostering collaboration between waste producers and managers to develop solutions that meet both environmental and regulatory expectations, but is also reshaping business practices for a more circular and responsible economy. And it's not hard to understand why. Globally, 1.05 billion tonnes of food go to waste, and in South Africa, almost 10.3 million tonnes of food go to waste annually, however, the packaging that accompanies this waste has exacerbated the strain on our waste management systems. As a result, to manage these numbers, companies are now examining business models that allow them to correctly move from the linear take-make-dispose model to a system that minimises waste, conserves energy and raw materials, and reintegrates excess back into the cycle – what has been termed the 'circular economy'. At Interwaste, this principle is brought to life through practical, scalable solutions such as composting, which allows for the organic fraction of packaging waste — often tied to food disposal— to be diverted from landfill and transformed into nutrient-rich compost that feeds agricultural soils. In parallel, our Refuse Derived Fuel (RDF) technology enables the conversion of non-recyclable packaging waste into a fuel substitute used in industrial applications such as cement kilns, offering a valuable landfill alternative and reducing dependency on fossil fuels. Additionally, given that in today's market, where consumer perceptions heavily influence brand value, demand is another key driver shaping packaging trends. In fact, according to research, consumers are willing to spend 9.7% more, on average, for sustainably produced or sourced goods, given that an astonishing 85% report experiencing first-hand the disruptive effects of climate change in their daily lives. It's no surprise then that companies are using this type of data to drive innovative, sustainable packaging designs — incorporating biodegradable, compostable, and recyclable materials, as well as reusable systems that support a zero-waste-to-landfill approach. However, if South Africa is to reach its zero waste to landfill goal by 2030, the reality is that 90% of waste from landfills must still be diverted correctly – and this means not merely just making use of recycling and reuse, by beneficiation technologies as well as, if we want to create value-adding opportunities which have the potential to create numerous environmental, social, and economic opportunities for South Africa. Simply put, achieving a zero-waste, sustainable country starts with better management of waste at its source, supported by innovative solutions, as well as an effective recycling system and a widespread culture of responsible consumption. And we need to start at a company level, where organisations examine their entire value chain to see how and where waste is created and therefore reduced, as well as where waste can be reused, recycled or repurposed. This approach, when applied correctly, will not only divert a large amount of our waste from landfill disposal, but it also has the potential to create numerous environmental and social opportunities for South Africans, including economic ones. While tackling food packaging waste requires navigating a complex web of environmental, economic, and social challenges, meaningful progress is within reach - if industry leaders, policymakers, and consumers unite behind bold, innovative action. Certainly, as a waste management company, Interwaste is not just a participant in this process but a key driver of the transition to a truly circular economy, leveraging technologies like RDF and composting to turn waste into opportunity. We remain committed to delivering sustainable solutions that make a lasting impact. Justin Bott, CEO at Interwaste
IOL News
02-06-2025
- Business
- IOL News
How food packaging waste challenges South Africa's zero waste to landfill ambitions
Globally, 1.05 billion tonnes of food go to waste, and in South Africa, almost 10.3 million tonnes of food go to waste annually, says the writer. Image: Picture: Supplied Sustainability has become the watchword for South African corporates, as they grapple with both the public's demand for environmentally friendly products and the demands of Environmental, Social and Governance (ESG) reporting. However, this shift is now not only fostering collaboration between waste producers and managers to develop solutions that meet both environmental and regulatory expectations, but is also reshaping business practices for a more circular and responsible economy. And it's not hard to understand why. Globally, 1.05 billion tonnes of food go to waste, and in South Africa, almost 10.3 million tonnes of food go to waste annually, however, the packaging that accompanies this waste has exacerbated the strain on our waste management systems. As a result, to manage these numbers, companies are now examining business models that allow them to correctly move from the linear take-make-dispose model to a system that minimises waste, conserves energy and raw materials, and reintegrates excess back into the cycle – what has been termed the 'circular economy'. At Interwaste, this principle is brought to life through practical, scalable solutions such as composting, which allows for the organic fraction of packaging waste — often tied to food disposal— to be diverted from landfill and transformed into nutrient-rich compost that feeds agricultural soils. In parallel, our Refuse Derived Fuel (RDF) technology enables the conversion of non-recyclable packaging waste into a fuel substitute used in industrial applications such as cement kilns, offering a valuable landfill alternative and reducing dependency on fossil fuels. Additionally, given that in today's market, where consumer perceptions heavily influence brand value, demand is another key driver shaping packaging trends. In fact, according to research, consumers are willing to spend 9.7% more, on average, for sustainably produced or sourced goods, given that an astonishing 85% report experiencing first-hand the disruptive effects of climate change in their daily lives. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ It's no surprise then that companies are using this type of data to drive innovative, sustainable packaging designs — incorporating biodegradable, compostable, and recyclable materials, as well as reusable systems that support a zero-waste-to-landfill approach. However, if South Africa is to reach its zero waste to landfill goal by 2030, the reality is that 90% of waste from landfills must still be diverted correctly – and this means not merely just making use of recycling and reuse, by beneficiation technologies as well as, if we want to create value-adding opportunities which have the potential to create numerous environmental, social, and economic opportunities for South Africa. Simply put, achieving a zero-waste, sustainable country starts with better management of waste at its source, supported by innovative solutions, as well as an effective recycling system and a widespread culture of responsible consumption. And we need to start at a company level, where organisations examine their entire value chain to see how and where waste is created and therefore reduced, as well as where waste can be reused, recycled or repurposed. This approach, when applied correctly, will not only divert a large amount of our waste from landfill disposal, but it also has the potential to create numerous environmental and social opportunities for South Africans, including economic ones. While tackling food packaging waste requires navigating a complex web of environmental, economic, and social challenges, meaningful progress is within reach - if industry leaders, policymakers, and consumers unite behind bold, innovative action. Certainly, as a waste management company, Interwaste is not just a participant in this process but a key driver of the transition to a truly circular economy, leveraging technologies like RDF and composting to turn waste into opportunity. We remain committed to delivering sustainable solutions that make a lasting impact. Justin Bott, CEO at Interwaste
Time of India
29-05-2025
- Business
- Time of India
Nikita Papers IPO subscribed 1.4 times on Day 3. Check GMP, price band and key issue details
Nikita Papers' initial public offering was fully subscribed on the final day of bidding, with the overall subscription reaching 1.43 times as of 6:30 PM on Thursday, May 29. Non-institutional investors (NIIs) led the subscriptions, bidding 2.11 times their allocated quota. Retail investors followed with a subscription of 1.84 times, while qualified institutional buyers (QIBs) subscribed 74% of their share. The Rs 67.54 crore issue will close on May 29, and listing is expected on the NSE SME platform on June 3. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo GMP nil According to market sources, the grey market premium (GMP) for Nikita Papers was last seen at Rs 0, falling from Rs 5 on Wednesday. While a nil GMP suggests downbeat sentiment, analysts note that broader market support and strong final-day bidding could provide upside surprise during listing. IPO structure and key details The IPO is a complete fresh issue of 64.94 lakh equity shares, aiming to raise Rs 67.54 crore at the upper end of the Rs 95–104 price band. The lot size is fixed at 1,200 shares, requiring a minimum investment of Rs 1.25 lakh for retail participants. Live Events Anchor allocation took place on May 26, with the offer opening to other investors from May 27. Allotment is expected to be finalised by May 30. Use of proceeds Funds raised from the IPO will be deployed towards capital expenditure for setting up a renewable energy power plant based on biomass and Refuse Derived Fuel (RDF), working capital needs, and general corporate purposes. Business profile Founded in 2010, Nikita Papers is engaged in the manufacturing of Kraft paper, catering to industries aligned with eco-friendly and sustainable packaging. The company has built a strong presence in the market, underpinned by product quality, process efficiency, and an emphasis on environmental responsibility. The proposed investment in renewable energy aligns with the company's strategy of reducing reliance on conventional fuel sources and enhancing long-term operational sustainability. Financial snapshot In FY24, Nikita Papers reported revenue of Rs 338.60 crore, EBITDA of Rs 48.40 crore, and profit after tax (PAT) of Rs 16.60 crore. For the nine-month period ending December 2024, the company posted revenue of Rs 265.14 crore, EBITDA of Rs 43.80 crore, and PAT of Rs 15.68 crore—suggesting healthy year-on-year growth momentum. Intermediaries The IPO is managed by Fast Track Finsec Pvt Ltd, with Skyline Financial Services Pvt Ltd acting as the registrar. The equity share allocation includes 18.50 lakh shares for anchor investors, 12.33 lakh for QIBs, 9.25 lakh for NIIs, and 21.58 lakh for retail investors. A market maker portion of 3.26 lakh shares is also reserved. Also read: Scoda Tubes IPO subscribed 5.5 times on Day 2, GMP rises to 13%. Check details
