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'Clean Kerala Company Ltd' reports Rs 5 crore profit by selling waste, traded 1,972 tonnes of e-waste

Kerala news: 2,872 tonnes of shredded, polymerised plastic that was processed and sold by it was used to build 5,142.92km of roads across India; the company also collected 49,672 tonnes of non-recyclable inert materials during the period.

Mirror Now Digital

Updated Oct 4, 2022, 16:03 IST

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Kochi: Clean Kerala Company Ltd (CKCL), an initiative to eradicate waste generation by incorporating eco-friendly practices, reported a profit of Rs 5 crore in just 20 months after beginning its operations.

Jointly owned by the state government and local bodies in Kerala, the company achieved this feat by collecting a total of 7,382 tonnes of recyclable waste. During this period, CKCL also managed to collect and sell 1,972 tonnes of e-waste to different recycling and processing units, Managing Director Suresh Kumar told the media. While it is estimated that the profits so far have reached Rs 5 crore, the exact figure can be confirmed only after the final audit reports land, he added.

What is CKCL's job?

The company collects solid waste from all over Kerala by recruiting "Haritha Karma Sena" (HKS) volunteers who tour homes to segregate and collect waste. The materials that are collected include plastic, glass and e-waste among others, The New Indian Express (TNIE) said in a report. The waste products are then cleaned and sold to companies within and outside the state borders.

How much waste has been treated by the CKCL so far?

The company made the profit by selling 7,382 tonnes of dry, recyclable waste between January 2021 and August 2022. However, the company also collected 49,672 tonnes of non-recyclable inert materials during the period, the TNIE report said.

CKCL reportedly did a commendable job as 2,872 tonnes of shredded, polymerised plastic that was processed and sold by it was used to build 5,142.92km of roads across India, the news report said. It also managed to collect and sell 1,972 tonnes of e-waste.

Around 583.05 tonnes of glass waste and 42 tonnes of waste cloth were also processed by CKCL.

How is CKCL funded?

Formed during the 2012-13 financial year with an authorised share capital of Rs 10 crore, it was only in 2021 that CKCL started its operations last year, media reports said.

The Kerala government has a 26% stake in the firm, while the rest 74% is divided between the local self-government bodies across the state. Rs 53.5 crore was allocated to the company when the state decided to set up waste treatment facilities under "Rebuild Kerala" (the government initiative aimed at rebuilding infrastructure and roads after the 2018 floods).

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