R-EEP’s waste-to-energy plant adds value to business while reducing environmental problems
published : 9 Dec 2022 at 17:30
The environmental and global warming issues are currently an alarming topic spreading heat worldwide. Global businesses are proceeding policies heralding environmental focus on achieving net zero carbon emissions in accordance with United Nations (UN) net zero goal, and the shift in policy has become another challenging concern for the energy industry where business conduct causes the most impact on the environment.
RATCHABURI-EEP RENEWABLE ENERGY COMPANY LIMITED or R-EEP, among other enterprises, is driving its energy business with the commitment to preserve the abundance of environment while generating revenue from effective pollution management in the manufacturing system.
R-EEP advances green energy industry with circular economy
Abinash Majhi, CEO, RATCHABURI-EEP RENEWABLE ENERGY COMPANY LIMITED, stated: “Ratchaburi-EEP Renewable Energy Company was established in 2014 under the concept ‘everything has value and can be reused’. Therefore, we adhere to circular economy framework focusing on the reuse of resources and energy by leaving the least waste and enabling the renewal of resources with optimal usage through enhancement of management.”
Converting wastes to value added RDF
The waste management implementation of Eastern Energy Group, of which R-EPP is part, starts from separating recyclables and electronic waste from household garbage, followed by landfilling the remaining waste so that the organic waste decomposes, then digging up the waste to sort out only the plastic parts for processing as Refuse Derived Fuel (RDF) for electricity generation. The company can convert 700 - 800 tonnes of landfilled waste per day and generate up to 9.9 megawatt electricity, of which 8 megawatts are sold to the market.
“Green Industry” the certificate of excellent environmental management from the Ministry of Industry
The company values the maintenance of the electricity plant’s surroundings by implementing regular toxicity tests to prevent pollution accumulation and ensure safety and wellbeing of communities in proximity. The company also engages with the communities through site visits to hear out and look after the locals in all fronts.
As a result, the company has been awarded Green Industry Level 3 certification from the Ministry of Industry, which recognises organisations with systematic environmental management as well as continuous monitoring and revision for further development. The certification reflects the company’s determination to achieve Green Industry standards.
“Krungthai” one of the vital mechanics driving Green Industry
In reaching today’s success, Abinash mentioned that Krungthai Bank has been a key player in driving the company's green investment projects since its inception with provision of financial support, including the support for the construction of its future power plant. “We would like to thank Krungthai Bank for believing in us and always being ready to support us in adopting circular economy practices and becoming a Green Industry on our journey to sustainable future.”
Krungthai Bank is ready to support Ratchaburi-EEP Renewable Energy Co., Ltd’s commitment to its environmentally friendly waste-to-energy power plant as it aligns with the bank’s mission to empower better life through the development of environmental and social sustainability.
Interested entrepreneurs please contact any Krungthai Bank branch, your Krungthai relationship manager, Krungthai Contact Centre at 0-2111-1111, or visit https://krungthai.com/link/reep-bangkokpost-website for more information.