KOCHI: Fertilisers and Chemicals Travancore Limited has handed over 50 acres of land at its Ambalamedu township to the State Government for setting up a common industrial waste treatment and disposal facility.
The land, which commands high value at the market rate, has been handed over at a cheap rate, according to a statement issued by K. Padmadasan, Deputy General Manager of the company. FACT has received an amount of Rs.3.12 crores towards 50 per cent of the cost. The remaining cost will be the share of FACT's equity in the company being set up to manage the waste treatment, storage and disposal facility (TSDF).
This common facility is the project suggested by the Supreme Court Monitoring Committee (SCMC) as a permanent solution to environmental pollution from factories.
The absence of such a common facility will hamper various chemical factories, which are at present not having proper pollution control and waste disposal facilities.
Though FACT is having modern pollution control facilities and waste disposal arrangement of its own, the company is extending maximum cooperation for the project as this is essentially required for survival and growth of a number of other industrial units in Kerala. FACT has been actively associating with this project from the initial stage itself, but further steps on implementing the project were delayed due to various reasons. Handing over of land by FACT to the State Government would augment speedy implementation of the facility, according to the company officials.