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Private agency undercuts GHMC s income from waste

Private agency undercuts GHMC s income from waste Updated Jul 25, 2021, 2:52 am IST The private party has been monetising the excess weight and claiming bills To improve efficiency of collecting C&D waste, GHMC is launching a dedicated App for citizens, private contractors and bulk waste generators. Representational Image (Twitter) Hyderabad: Income of Greater Hyderabad Municipal Corporation (GHMC) is being undermined by Ramky Enviro Engineers, the private agency which has bagged the contract for processing construction and demolition (C&D) waste. This is mainly due to weigh bridges showing 50–80 metric tonnes (MT) excess of C&D waste. The private party has been monetising the excess weight and claiming bills.

Jawahar nagarAndhra pradeshArvind kumarIncome of greater hyderabad municipal corporationGreater hyderabad municipal corporationRamky enviro engineersEnviro engineersEnforcement vigilanceDisaster managementLegal metrologyHyderabadcd wasteLegal metrology actஜவஹர் நகர்ஆந்திரா பிரதேஷ்அரவிந்த் குமார்அதிகமானது ஹைதராபாத் நகராட்சி நிறுவனம்

Hyderabad gets second construction and demolition recycling plant

Hyderabad gets second construction and demolition recycling plant
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KKR controlled Ramky Enviro Engineers revives strategic review plans

KKR controlled Ramky Enviro Engineers revives strategic review plans Moneycontrol 8 hours ago © Binu Panicker KKR controlled Ramky Enviro Engineers revives strategic review plans American private equity giant KKR and its portfolio company Ramky Enviro Engineers, a top environmental solutions player based in Hyderabad, have revived plans to explore strategic options at a time when both corporates and investors are warming up to the ESG theme, sources with knowledge of the matter told Moneycontrol. Environmental, Social, and Corporate Governance (ESG) refers to the three metrics for measuring the sustainability and societal impact of an investment in a company or business. “The firm has invited a clutch of global and domestic investment bankers to make pitches in the next few days. They will evaluate either an IPO (initial public offering) or a stake sale by KKR. Both the options are on the table ,” one of the individuals above told Moneycontrol.

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