Even after almost two years of the launch of the door-to-door garbage collection campaign, the recycling plant of the Dhanbad Municipal Corporation is yet to be established.
As a result of this, garbage collected from houses has been lying all over the district. The civic body is also yet to carry out segregation of dry and wet waste, while majority of the houses in 55 wards have not received garbage bins as promised under the integrated solid waste management programme of the DMC.
The project, worth Rs 274 crore, was launched by the DMC on June 27, 2019, in association with Hyderabad-based agency Ramky Enviro Engineers.
Updated Dec 22, 2020 | 07:35 IST
Trehan joined KKR earlier this year from TPG Capital Asia, where he was a partner in the India office. He will head KKR s private equity business in India. Guarav Trehan replaces Sanjay Nayar as head of KKR India | Photo Credit: Twitter
Mumbai: Global buyout major KKR on Monday said Gaurav Trehan, a recent hire from rival TPG, will replace its long-standing India head Sanjay Nayar. Nayar, who has been with the private equity fund since 2009, will transition to a new role as chairman of KKR India, an official statement said.
Trehan joined KKR earlier this year from TPG Capital Asia, where he was a partner in the India office. He will head KKR s private equity business in India.
Nayar will assume the new role from December 31 this year. As chairman, Nayar will advise and assist KKR’s India business by leveraging his connections and experience across the country, KKR said in a release. Nayar set up KKR s India business in 2009 when he became the CEO. KKR has invested over $5.8 billion in PE investments and $10 billion across credit, infrastructure, and real estate since 2006. Under Nayar, KKR made one of the best returns in the industry. It made internal rate of return (IRR) of over 20 per cent in deals such as Dalmia Cement and Gland Pharma. It invested about $3 billion in companies such as Reliance Retail, Reliance Jio, etc. this year, the highest by any PE firm in 2020 in the country.
Global buyout major KKR on Monday said Gaurav Trehan, a recent hire from rival TPG, will replace its long-standing India head Sanjay Nayar. Nayar, who has been with the private equity fund since 2009, will transition to a new role as chairman of KKR India, an official statement said. Trehan joined KKR earlier this year from TPG Capital Asia, where he was a partner in the India office. He will head KKR s private equity business in India. We are grateful to Sanjay for his role in establishing our business in India, partnering with and empowering local entrepreneurs to build their businesses into local and global champions, making KKR a leading investor in India, and helping to grow our Asia Pacific business, Joseph Bae, KKR s co-president and co-chief operating officer, said.