Environment

IL&FS became one of the first financing institutions in India to have internalised Environmental and Social (E&S) considerations in project development

The development of the Environmental & Social Report (ESR), a policy and operational guide, helped inculcate into the mainstream, E&S aspects in infrastructure projects

Year 2000, IL&FS took this effort one step ahead and incorporated IL&FS Ecosmart Limited (Ecosmart) - a strategic environmental consulting company - with the objective of creating knowledge and information and facilitating implementation of environmental considerations in decision-making across sectors. The Company’s activities involved providing environmental and social services in the infrastructure and industrial sectors. In 2011 the Company was renamed IL&FS Environmental Infrastructure & Services Limited (IEISL). The Company also expanded its product base to include advisory in waste management

IEISL has seventeen projects across the Country for conversion of municipal solid waste to compost with a total processing capacity of around 3,200 tons per day. IEISL has established a quality benchmark for the compost and has long term compost off-take agreement with major fertilizer Companies in the Country

The environmental goods and services sector in India is estimated to be over Rs.250 billion and it is expected to grow at 10% to 12% per annum. IEISL has the requisite expertise and skill-sets to scale up its operations of providing end-to-end solutions in the environmental infrastructure space and establish itself as a leading player in Municipal Solid Waste Management segment

The current initiatives of IEISL include:

  • Environmental Management
  • Geo-spatial Solutions
  • Integrated Municipal Solid Waste Management
  • Construction & Demolition Waste Management
  • Hazardous Waste Management
  • Electronic Waste Management
  • Social Management
  • Clean Development Mechanism and
  • Energy Efficiency
Projects in this Sector
  • Adayar Eco Park Project
  • Construction & Demolition Waste Management
  • Gorai Dumping Ground Closure
  • Kottayam-Kumarakom Ecocity Project
  • Rehabilitation & Resettlement Programme for Mumbai Urban Transport Project
  • Sabarimala Master Plan
  • Solid Waste Management

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