Coimbatore Integrated Waste Management Limited has begun preliminary works for plant

Union Finance Minister P. Chidambaram’s proposal to encourage municipalities to go in for waste-to-energy projects has come as a shot in the arm for the Coimbatore Corporation. In his Budget speech on Thursday, the Minister said: “India tosses out several thousand tonnes of garbage each day. We will evolve a scheme to encourage cities and municipalities to take up waste-to-energy projects in PPP mode, which would be neutral to different technologies. I propose to support municipalities that will implement waste-to-energy projects through different instruments such as viability gap funding, repayable grant and low cost capital.”