Margao municipal council yet to conclude talks on cost of Sonsoddo waste plant
While operations at the solid waste management (SWM) plant at Sonsoddo are likely to kickstart on December 15, the Margao municipal council (MMC) is yet to conclude its negotiations with Fomento, the concessionaire of the project, over the issue of the cost of the plant that will have to be borne by the civic body.
"Fomento is yet to submit details of the cost analysis of the project to us. We have asked them to compute the cost based on the GSR (Goa schedule of rates) so that we are able to verify if the cost of the project is in variance with the initially estimated cost," chief officer of the MMC Srinet Kothwale said.
The MMC is doing a review of the cost analysis of the project in view of the altered parameters of the project, before inking the addendum to the concession agreement. The draft addendum to the concession agreement is presently being scrutinized by the MMC's legal counsel.
As per the original concession agreement, the Fomento-IL&FS is to set up the SWM plant at a cost of 7.31 crore. Subsequent to the signing of the agreement, certain parameters of the project got changed. While the location of the plant was shifted to the 57,700 sq m of land adjoining the existing garbage dump, the new proposal for scientific capping of the garbage dump will do away with the necessity of segregating and treating the garbage dump. That apart, there have been some changes with regards to the conglomeration of firms constituting the concessionaire.
"Yes, negotiations are underway with the MMC over the issue of the cost of the project. One needs to understand that the SWM plant is not a profit-making venture of the Fomento. We have already incurred a cost of 15 crore on the plant and machinery. The work done on the project can easily be quantified and verified by the MMC," Sridhar Kamat, CEO, Fomento, said. [TOI]