Government stake will be 26%, says Ali

Discussions are in the final stage for the setting up of a company on the lines of the Cochin International Airport Limited (CIAL) for handling disposal of garbage in the State, Urban Affairs Minister Manjalamkuzhi Ali has said.

On the sidelines of a meeting held to discuss installation of waste treatment plants in the capital city, Mr. Ali told reporters that the garbage disposal company, tentatively named the Kerala Waste Management Company, was proposed to have 74 per cent private equity as against the State government’s stake of 26 per cent. The board would have 13 members with the Minister himself as the chairman.

The private equity holders could include firms specialised in garbage disposal and treatment, or firms engaged in supply of equipment for the same, builders, property developers or their ilk, Mr. Ali said.

The proposed company, apart from dealing with collection of waste from public offices and residences and its treatment and disposal, could also focus on disposal of industrial waste.

Factories and other commercial establishments, apart from flat complexes and other public quarters, could have their garbage disposed of by paying fixed rates, he said.

The sewerage and septage systems in the State, which were not functioning in the desired manner now, too could be handled by the company, the Minister said.

The State government is already making moves for a similar CIAL-model company, the Kerala Drinking Water Supply Company, to manage supply of drinking water in the State, a proposal that has raised apprehensions about the ‘privatisation’ of the water sector in the State.

  • Minister says discussions are in the final stage

  • Firm could focus on disposal of industrial waste too