DS group extends support to Noida Authority Compost Machine Scheme, first 10 applicants to get at 5% cost
Dharampal Satypal Group has extended it’s support for purchasing and installing mechanised organic waste compost machine in different sectors of Noida. The company under its corporate social responsibility funds will be financing 20% cost of 10 such machines.
Noida Authority is already providing 75% subsidy on these machines. Henceforth the total subsidy for mechanised organic waste compost machines would be now 95% and interested RWA’s can procure it with just 5% of one time investment.
The DS group is providing CSR funds for five 1000 Kg capacity compost machines and five 500 Kg capacity compost machines.
The above benefits can be availed by interested RWA’s on first come first serve basis through Noida Authority as the CSR funds being provided by DS group are limited for 10 machines only.
DS group in its statement has said that they are pleased to support the cause of Swacch Bharat Mission through this initiative.
As per the current estimates DS group would be providing a total fund of 2.75 crore for procurement, installation and civil work of 10 machines.
It must be noted that in last few days some RWA’s have shown increased interest in installing organic compost machines and some associations such as Express View Sector-93 have also reached out to different corporate houses through social media for funding of compost machines.