Encon
eyes Sudan, Middle East markets
PTI
[ SUNDAY, OCTOBER 26, 2003 03:40:47 PM ]
NEW
DELHI : An Indian manufacturer of furnaces and fuel economy systems
expects to commence a turnkey $1 million steel plant project in Sudan
soon.
It
is one of the important build-operate-transfer (BOT) projects in the
kitty of Encon International Pvt Ltd that sees good opportunities in
the Middle East and Africa .
Based
in Faridabad , Haryana, the Rs.150-million-turnover Encon group has
entered into a licensing agreement with Canada-based Westland Incinerator
Co Ltd for the manufacture of incinerators for tackling industrial and
urban waste without any adverse environmental impact.
"We
plan to manufacture and supply custom-built incinerators both in the
domestic and overseas markets in Africa and the Middle East as part
of the licensing agreement," RP Sood, managing director of the
company, told IANS.
Several
companies in India are already catering to the estimated $10 billion
domestic market for incinerators.
But
Encon states its new product would have an edge, with its environment-friendly
features for treating all by-products, including gas emission, solid
and liquid waste.
The
ash generated would also have applicability for making bricks for landscaping
and or mixing with tar for making roads. The possibility of power generation
through waste is also being studied.
"The
licensing agreement could be a stepping stone to bigger units and treatment
of waste like grey matter and water," said Sood.