New Delhi: Paques Environmental Technology India Pvt. Ltd, which is among the world leaders in purification of waste water and biogas using biotechnology, on Monday announced opening of its new plant in India.
The new plant has been set up in an industrial park in Sri City in Chennai. Besides India and the south Asia region, the company also aims to export to customers across southeast Asia, Japan and Vietnam.
“Paques India already executes large orders in the pulp and paper, food and beverage and petro-chemical sector in India. With this Make in India initiative, Indian industries and municipalities will have access to advanced and innovative robust technologies, which helps them to reclaim energy from the source—waste water and gas,” said Stephan Bocken, chief executive officer of Paques Holdings, the parent company of Paques Environmental Technology India.
The Netherlands-based company has over 30 years experience of working with industries and municipalities to reduce their water and carbon footprints and reclaim valuable resources. It aims to do business of around Rs.100 crore in the next five years and emerge as the technology leader for the Indian industry. It also believes its plan fits well with the Indian government’s efforts to promote recycle of waste water and its reuse.
In India, the per capita water availability has continuously declined from about 5,177 cubic metres (m3) in 1951 to 1,545 m3 in 2011 due to which it is on the verge of becoming “water stressed” from “water scarce”. The Central government in the national water policy too has batted for recycle and reuse of waste water.