Ramky Enviro Engineers Limited (REEL) a Hyderabad based firm deals in environment management solutions have rebranded itself as Re Sustainability Ltd and announced to invest about Rs 5,000 crore over the next three years in doubling its waste management capacities.
The CEO & Managing Director of the company Goutham Reddy issued a statement highlighting the vision of the company and said, “we are aiming to expand global waste management capacities to 15 million tonnes per annum from about 7-8 mtpa. We are also looking at acquisitions, especially in geographies such as South East Asia”.
As per the reports Re Sustainability Ltd is currently managing 6-7 mtpa of municipal solid waste across 23 cities in India in addition to the Middle East and Singapore. It also manages about 1mtpa of industrial hazardous and other regulated wastes across 22 locations in India as well as the Middle East and the USA.
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.
