The Tehri Dam is the highest dam in India, 2nd highest in Asia and 6th highest in world.[/caption]
A year after being empanelled by Tata Institute of Social Sciences (TISS) to implement projects for central public sector enterprises, Technopark's Technology Business Incubator (T-TBI) will soon sign a memorandum of understanding (MoU) with Tehri Hydro Development Corporation (THDC) India Ltd, to help Tehri dam evictees earn a livelihood by producing paper bags. Around 10,000 families are expected to benefit from the project.
Two Kottayam-based companies - Bio Way Packs Pvt Ltd and Ideal Safety System - will carry out THDC's corporate social responsibility projects from early next year, said Technopark-TBI managing director KC Chandrasekharan Nair. Ideal Safety System will introduce waste management systems to curb garbage menace in the region."The T-TBI was empanelled as an implementing agency by TISS after a department of public enterprises directive that central public sector enterprises should set aside a portion of the net profit of the previous year for corporate social responsibility activities," Nair said.
The Kottayam-based companies have been virtually incubated at the T-TBI but, virtually incubated companies would not be beneficiaries of T-TBI's seed money of Rs 50 lakh and will not be about to use the Technopark infrastructure. However, the T-TBI will help them network and piggyback on the Technopark brand.
Bio Way Packs, which manufactures Bag Master, a patented paper bag making machine costing Rs 35,000,
will initially supply eight machines. The machine will have the capacity to produce 1,000 bags in 8 hours. "The machine will run on 125 Watts and will be cost effective. The plan is to conduct a pilot project for the next six months. Around 50 people, split into eight groups, will be identified to carry out the project," said K J Thomas, who patented the product.
Binu Francis, CEO of Ideal Safety System, said his company plans to introduce products that directly related to rural empowerment and disease prevention."We have offered them a range of machines such as biogas plant, vermi compost, pipe compost, sanitary napkin vending and destroying machine, etc. It is up to them to figure out what they want to introduce in the community," he said.
The MoU between THDC and T-TBI will be signed before December 25 this year, said T-TBI technical officer S Sreejith.
A year after being empanelled by Tata Institute of Social Sciences (TISS) to implement projects for Central Public Sector Enterprises, Technopark's Technology Business Incubator (T-TBI) is on the brink of signing an MoU with Tehri Hydro Development Corporation (THDC) India Ltd, to help Tehri dam evictees to earn a livelihood by producing paper bags. Around 10,000 families are expected to benefit from the project.
Two Kottayam-based companies Bio Way Packs Pvt ltd. and Ideal Safety System will carry out THDC's corporate social responsibility projects from early next year, said KC Chandrasekharan Nair, Managing Director, Technopark-TBI. Ideal Safety System will introduce waste management systems to curb waste menace in the region.
"Technopark-TBI was empanelled as an implementing agency by TISS after a Department of Public Enterprises directive that Central Public Sector Enterprises should set aside a percentage of the net profit of the previous year for CSR activities," said Nair.
The Kottayam-based companies shortlisted to carry out the projects have been virtually incubated at the Technopark-TBI. The difference between virtual incubation and regular incubation is that the virtual companies would not be a beneficiary of Technopark-TBI's seed money of Rs 50 lakhs and will not be about to use the IT Park infrastructure. However, the Technopark-TBI will help them network and piggy-back on the Technopark brand.
Bag Master is a patented paper-bag making machine costing Rs 35,000, manufactured by Bio Way Packs. The company will initially supply eight machines, which has the capacity to produce 1000 bags in 8 hours. "The machine will run on 125 watts and cost effective. The plan is to conduct a pilot project over the next six months. Around 50 people, split into eight groups will be identified to carry out the project," said KJ Thomas, who patented the product.