Dubai-based CFO of waste management company discusses issues with MC



Tribune News Service

Charanjit Singh Teja

Amritsar, May 25

Finally, Michel Nasour, CFO of Dubai solid waste management company Averda, visited the city and assured the city government on Thursday that all issues facing the agency would be addressed. Municipal Commission Chairman Harpreet Singh gave the company seven days to address its concerns. Averda’s CFO Michel Nasour then arrived in Amritsar and met with city officials.

The civic body had contracted Dubai-based solid waste management (SWM) company Averda to collect garbage from door-to-door and at various collection points in the city. The company would carry out bio-remediation at the Bhagtanwala waste treatment plant and set up a waste-to-energy plant at the waste treatment plant.

Michel Nasour has been in the city for the past three days and has been holding continuous meetings with the company officials. He also discussed the issue with civic dignitaries and MC officials.

During a meeting with Michelle Nasoor, MC Commissioner Harpreet Singh said the corporation should improve its system of operations. Harpreet Singh said the corporation does not even have enough vehicles for door-to-door waste collection. The corporation is in debt and its financial condition is not good. Bio-remediation of the dumpsite has completely stopped and the waste-to-energy plant is yet to become operational. Due to this, the city residents are facing problems.

Averda Chief Financial Officer Michelle Nasour assured the MC Commissioner that door-to-door waste collection in the city would be improved. He said that in the next 15 days, around 30-35 new vehicles would arrive for waste collection from households. After a month, 35 new vehicles would be purchased. Along with this, four compactors would also be purchased. He said the company would also start bio-remediation at its dumpsite in the coming days. Along with this, the company has also started the process of setting up a waste-to-energy plant. He said the employees’ provident funds and ESI are being released. All issues of the company’s directors and employees would be resolved. He said the company’s debts would be repaid in the coming days.

This is the first time that a company executive from Dubai will come to Amritsar. Michel Nassoor said that Amritsar will continue to be overseen from Dubai. He said India is a big market and the company wants to expand its business there, adding that Amritsar will be developed as a model city for this purpose.

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