With ‘Go Green’ as the prime mantra of today’s businesseconomics, most young entrepreneurs are seen adopting green technology whileventuring into innovative eco-friendly professions. Advaitaa Green Energy (AGE)deals with municipal solid waste management, industrial waste water recycling,food waste management, sewage treatment and renewable power generation. Thesebreakthrough technologies from Singapore, Switzerland and Germany will belaunched in Goa, the first in the country. Powered by ‘green energy’ theambitious 25-year-old entrepreneur Mudit Agarwal, Managing Director, AGE, isall set to touch the blue skies.
“The Municipal Solid Waste (MSW) Separation Plant willautomatically segregate all the household waste into various waste categorieslike Organics, Plastics, Inert Materials, Metals and Combustibles,” explainsMudit whose AGE deals with the organic part of the process, while the othersegregated products will be transported to recycling companies.
The organic waste would be transported via a conveyor systeminto a Dry Anaerobic Digester Plant, where it will be processed to form CleanElectrical Energy, Thermal Energy, Compressed Natural Gas and Rich Organic Fertilisers. “Considering 72 percent out of 1,00,000 tons to be organic waste we would produce Dry Fertiliser(25,200 tons/year), Liquid Fertiliser (32,400 tons/year), Net Electricity (91,98,606KWh/year) and Thermal Energy (2,15,98,431 KWh/year),” Mudit informs.
The MBT (Municipal Biological Treatment) Plant has 2 keyfeatures, an automated MSW (Municipal Solid Waste) Separation Plant and anautomated Dry (AD) Anaerobic Digestion Plant. The cost for such a plant isapproximately Rs 150-200 crore with a payback period of 6-7 years. “Thesesystems are 100 per cent depreciable and one can also claim CVD (CountervailingDuty - in case of manufacturing), thus reducing the total system cost and areutilised in Singapore, Thailand, USA, Canada, China and Malaysia,” Muditshares.
Mudit’s grandfather was into Army and Defence supplies. Hiscompany K L Agarwal and Sons made entry in Goa in 1962. In 1977 Agarwals openedBombay Refrigeration and gradually they diversified into industrial supplies.“Some 10 years ago we changed the name Bombay Refrigeration into AdvaitaaEnterprises, as we are neither into refrigeration nor do we work from Bombay.AGE is operating under this flagship company,” says Mudit, the third generationof Agarwals in Goa who has restructured the family business.
The Agarwals have a long association with the ChinmayMission, so little Mudit was introduced to holy Vedantic scriptures, spiritualtexts and meditation when he was just 10. “The Mission’s values have left deepimprints on my mind since my childhood. I decided to redesign our familybusiness and mould it to something that would reduce the carbon footprint onthis planet,” says Mudit. A believer in cosmic energy he has vouched to changethe world for better by offering eco-friendly ways of waste management.
When asked for his future plans, Mudit says, “Well, we havethe exclusivity for the region of India and Sri Lanka for these technologies,hence we are looking towards working at a pan India level. As these(technologies) will be launched for the first time in India, being a Goan, Iwould love to have the first system installed in Goa. But if the politicalscenario is not favourable, then we will have to focus on the other markets ofIndia or Sri Lanka”.
