EAWC Technologies On Verge Of Signing US $200 Million-worth Of Waste To Energy Contracts In Pakistan
MIAMI, Dec. 13, 2013 /PRNewswire/ -- Eurosport Active World Corporation (EAWC) Technologies's Research Centre is on the verge of concluding US$200 Million-worth of contracts to supply clean power plants that run on liquid and solid waste.
As recently published in Bloomberg's website EAWC's mandated Swiss Water Tech Research & Development Centre (SWATE) based in Neuchatel ( Switzerland), has received Letters of Intent (LoIs) from the Punjabi State Government as well as from several textile and waste-management companies for the provision of innovative and efficient Waste to Energy (WtE) systems. Those LoIs are now on the verge of being concluded as contracts.
These negotiated agreements follow upon recent findings showing eminent shortages of energy, gas and water in Pakistan's Punjab State. The urgent need for a quick, affordable and sustainable solution has therefore been highlighted and EAWC's R&D office SWATE identified as the most suitable to respond in an efficient and effective way to the challenge being faced by the government of Pakistan.
Electricity shortages that over the years in the Pakistani State of Punjab have become ever more frequent and longer in their duration, have now been deemed to have reached crisis proportions. Evidence of this was reported by the New York Times in their May 27th of 2013 issue, wherein shortages at the time were established to have lasted up to 10 hours a day in urban centers while in rural areas they were lasting up to 22 hours a day.A perceived shortage of gas has also been deemed to be having a negative impact on the economy due to the affect it is having on it's public transport system. The insufficient supply is such that it is unable to power the 3.5 million vehicles running on combustible natural gas in the State of Punjab. These make up more than 80 percent of vehicles running on this method of engine combustion in the country and more than any other country in the World.[i]An additional factor that has been deemed to be affecting Pakistan's economy are the high levels of human morbidity due to frequent illnesses caused by drinking polluted water and which in turn is having the consequence of decreased worker productivity. Based on findings obtained from a study conducted by the World Wildlife Federation (WWF) and released in a report of February 2007, 20-40 percent of « people in hospitals in Pakistan are suffering from water-borne diseases – gastroenteritis, typhoid, cholera, dysentery... and other serious diseases ». The report also stated that one out of every three Pakistanis « drink unsafe water ».[ii] From shortages to sustainable solutions
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