Mailhem Engineers, a leading Indian waste management and renewable energy company, and Lhotellier Ikos, a French-based 200 m € group specialising in infrastructure and renewable energy as well as in water management and treatment, announced the joint venture to provide waste to energy solutions for India - Mailhem Ikos Environment Private Limited. With the growing concerns of energy and waste management in India, Mailhem Ikos will be able to provide centralized solutions for waste management. Furthermore, the solutions will enable close to 85% of the waste to be reused in form of energy or recycled. Bringing together the domestic expertise of Mailhem and the technological prowess of Ikos, the joint venture will be able to establish large scale, up-to 500 tonnes, waste management bio gas plants in India.
The new joint venture will specialize in energy production from organic as well as household waste, turnkey bio gas plant and recycling solutions including design, construction, & operations, and landfill restoration & degassing. Speaking on the new venture, Colonel Suresh Rege, Founder, Mailhem Engineers said, “We have been working with Lhotellier Ikos Group on domestic projects over the last two years, and have found a strong synergy amongst the companies in terms of vision, approach, and execution. After working for over 250 bio gas projects since our inception, we are seeing a growing demand of our waste to energy solutions, and joining hands with Ikos will help us to cater to this growing market. Most important, waste and energy are two rising concern in India, and we look forward to an opporuntity to do our part to address these national issues.”
Commenting on the potential of waste to energy solutions, Paul Lhotellier, President, Lhotellier Ikos Group, “Creation and execution of the waste to energy solutions are a win-win situation both economically through production of energy and environmentally through reusage of waste. The dual advantages of these solutions truly make them an integral aspect of addressing the global issues relating to waste and energy consumption. It is an exciting time for us to be able to expand our presence into India by joining hands with Mailhem, and we are looking forward to some great work.“
Mailhem Ikos Environment looks forward to build centralized waste management solutions for India that are customized, understanding time and economic constraints of each project. Apart from waste management solutions, the company will also offer water management solutions through construction of water systems & networks, rainwater harvesting solutions, and turnkey water treatment plants set ups. After understanding the Indian opportunity, Mailhem Ikos Environment is confident in reaching its objective of building Rs 250 crore company by 2020 as well as a reputed brand in renewable energy and waste and water management in India.
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