BIZ BRIEFS

KATHMANDU, JANUARY 11

The waste recycling plant in Dharan has started producing gas and organic fertilisers - the first in the country - with financial partnership with Mega Bank.

Venture Waste to Energy Pvt Ltd has started producing gas and organic fertilisers at the waste recycling plant located at Paanbari, Dharan-6 in partnership with Dharan Sub-Metropolitan City and government's Alternative Energy Promotion Centre.

Mega Bank is the financial partner of this public-private partnership project, as per a media release. The pioneering work in solid waste management was jointly kickstarted amid a programme that was also attended by Prime Minister Sher Bahadur Deuba, Chairperson of Mega Bank Bhoj Bahadur Shah, and CEO Anupama Khunjeli.

The plant with an installed capacity of 30 metric tonnes is capable of producing 1,000 kg of biogas, 500 kg of solid biofertiliser and 10,000 litres of liquid fertiliser on a daily basis and if operated in full capacity will provide employment to 80 people.

The produced gas will be utilised to produce CNG, the liquid fuel for three-wheelers plying the roads at Dharan. The bank, under its CSR initiative, will provide 10 CNG converters to the needy auto drivers.

A version of this article appears in the print on January 12, 2022, of The Himalayan Times.