India bosses of Ecogreen quit, global CEO takes charge
Rao Jaswant Singh | TNN | Nov 22, 2018, 07:47 ISTGURUGRAM: In a dramatic turn of events, the top bosses of waste management firm Ecogreen Energy, including MD Rakesh Agarwal and CEO Ankit Agarwal, resigned from their positions on Wednesday.
Charles Zhang, the firm’s global CEO, has been given additional charge as MD of its India operations.
The agency, hired to collect garbage from Gurugram and Faridabad, and run a waste-to-energy plant with it, has been in the news for the wrong reasons since it took over waste collection and disposal last year.
MCG, which has not been happy with its performance from the beginning, has repeatedly claimed it was not performing as per required standards, and that it failed to coordinate with both the corporation and RWAs.
On Wednesday, the firm had called a board meeting, during which it announced the change in its top management. In an official statement, the company spokesperson said the MD and CEO had both offered to resign, which was accepted by the board. The board then recommended that Zhang take up additional charge as MD of India operations.
Speaking on the development, Zhang said, “Being leaders in waste management, we have seen success across the globe. We see India having a big potential in the waste-to-energy segment. We’re confident of repeating our success in India as well. My primary task will be to set up a robust and transparent system to further strengthen our existing operations and win trust of our stakeholders.”
On the issue of the series of complaints related to its day-to-day operations, especially regarding waste collection, Zhang said, “We assure residents their problems will be resolved. This decision will have no impact on our commitment to the users. We promise that all problems will be managed to 100% satisfaction within the next three months. We request support from all, and commit to leave no stone unturned in improving the current system.”
At present, Ecogreen Energy has three large integrated solid waste management projects in India, covering Gurugram, Faridabad, Lucknow and Gwalior, where it provides door-to-door waste collection services and its transportation to landfill sites for further management. In September this year, the National Green Tribunal (NGT) had imposed a penalty of Rs 2.5 lakh on the agency for not following its direction to carry out comprehensive waste segregation and treatment at its Bandhwari plant in Gurugram.
Earlier, in May, MCG had put the two months of payments to the company on hold, following a series of complaints against it.
Charles Zhang, the firm’s global CEO, has been given additional charge as MD of its India operations.
The agency, hired to collect garbage from Gurugram and Faridabad, and run a waste-to-energy plant with it, has been in the news for the wrong reasons since it took over waste collection and disposal last year.
MCG, which has not been happy with its performance from the beginning, has repeatedly claimed it was not performing as per required standards, and that it failed to coordinate with both the corporation and RWAs.
On Wednesday, the firm had called a board meeting, during which it announced the change in its top management. In an official statement, the company spokesperson said the MD and CEO had both offered to resign, which was accepted by the board. The board then recommended that Zhang take up additional charge as MD of India operations.
Speaking on the development, Zhang said, “Being leaders in waste management, we have seen success across the globe. We see India having a big potential in the waste-to-energy segment. We’re confident of repeating our success in India as well. My primary task will be to set up a robust and transparent system to further strengthen our existing operations and win trust of our stakeholders.”
On the issue of the series of complaints related to its day-to-day operations, especially regarding waste collection, Zhang said, “We assure residents their problems will be resolved. This decision will have no impact on our commitment to the users. We promise that all problems will be managed to 100% satisfaction within the next three months. We request support from all, and commit to leave no stone unturned in improving the current system.”
At present, Ecogreen Energy has three large integrated solid waste management projects in India, covering Gurugram, Faridabad, Lucknow and Gwalior, where it provides door-to-door waste collection services and its transportation to landfill sites for further management. In September this year, the National Green Tribunal (NGT) had imposed a penalty of Rs 2.5 lakh on the agency for not following its direction to carry out comprehensive waste segregation and treatment at its Bandhwari plant in Gurugram.
Earlier, in May, MCG had put the two months of payments to the company on hold, following a series of complaints against it.
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