The plant will produce cooking gas and compost from organic waste.
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The MoU was signed by officials of Municipal Corporation, Faridabad, Indian Oil Corporation, Haryana Shahri Vikas Pradhikaran (HSVP), Ecogreen Energy and Iskcon in the presence of Industries and Commerce Minister Vipul Goel in Faridabad today, an official release said here.
The plant will produce 18 cylinders of gas every day which will be supplied to Iskcon, which is also engaged in cooking mid-day meal for 60,000 school children in Faridabad, free of cost.
The plant will also produce about four tonnes of compost per day from five tonnes of organic waste. This compost will be supplied to HSVP for parks.
The minister said it is a unique initiative of the state government and IOC towards making Faridabad a clean and smart city.
The project, which will be set up by IOC at a cost of Rs 3 crore through Corporate Social Responsibility fund, would be completed by March 2019. Land for this project has been made available by HSVP.
The plant would be handed over to Municipal Corporation, Faridabad after three years.
Goel directed officials of Ecogreen Energy, a waste management and waste-to-energy company, to make necessary arrangements for collection of organic waste after segregation.
He also called upon the general public and Resident Welfare Associations (RWAs) to cooperate in collection of organic kitchen waste.