MSW in INDIA From: Suhas Shivalkar <spectrum411030pune@gmail.

com> Date: Mon, Mar 12, 2012 at 10:54 PM Respected Sir, I have visited your site. The information on site is exhaustive & very useful. We are from India. Ours is a Marketing set-up, the undersigned having experience for more than 3 decades mainly in institutional marketing. Also having social background such as Lions and other activities, I have acquaintances in many local self governments. We are interested to exploring the business of Solid Waste Management in India. India has great potential for Municipal Waste to Energy systems. We have access to few Municipal Corporations which are in the range of 350 TPD to 1200 TPD waste. We think your technology would help us produce results in these areas. Hence, we request you to please send us your views on association. Also would it be possible for you to send a budgetary quotation for 500TPD project? If you need further info, we are pleased to provide the same. Thanks & Regards. Suhas Shivalkar

From: Cinergex Solutions <info@cinergex.net> Date: Tue, Mar 13, 2012 at 12:21 AM Thank you for interest in our firm however we have been approached by many other similar companies from various locations in India with no results. The greater problem they all have is lack of funding, along with no government support at the higher levels, very limited to no access for a consistent supply of the MSW and lastly they are not able to secure the proper Power Purchase Agreements needed for the repayment of the investment? To that a 500 TPD facility with about 10MW of power production we sell for $76M USD. Again thank you for your interest and we are just being honest in what you have asked. Sincerely, Constantine Papadakos

Tue, Mar 13, 2012 at 7:16 PM Suhhas Shivlkar Dear Mr. Papadakos,

Thanks for your prompt with your observations.

and

straightforward

reply

with

CV.

We

agree

We are entering at it a bit late in this field. However, I was office bearer as President of a district youth wing (1975-78) and later General Secretary of dist. Committee (1989-92) of the then and present ruling party Indian National Congress in Pune, a major city in western part of India. Since long my contemporaries are in decision making positions in government. Also I was Joint PRO in District Cabinet of Lions Clubs International, Dist. 323 D2. Sir, I am confident that this will give me edge over others. About funding, if you are referring to the project funding, we feel that should not be a bottleneck. We shall certainly explore the avenues during the course of our follow-up with Corporations & Municipalities. In fact, at present, MSW is a big headache to major cities in India, also providing land for landfill. Hence consistent supply of MSW would not be a problem. Following is the statistics of few cities near Pune; Pune 1250 tpd, Nashik 350 tpd, Kolhapur 185 tpd, Aurangabad 350 tpd, not to mention Mumbai. As you have informed the cost for 500 tpd plant with 11MW power generation, we shall go forward and try for Letter of Intent from Municipality. Your introductory pdf and information on your website is sufficient for us to motivate them. Sir, we expect only assurance from you that if we succeed in procuring first order (of course with your association during the interaction with municipalities), you will allow us exclusively to go ahead for 3 years at least. This is because; once we set precedence, there are many in India to jump on the bandwagon. We feel there may be reservations about Waste to Energy in India as there are no many successful examples. Of course, there are many reasons for that. Will you please send us Economic Justification for 500 MW Plant. Will you please inform the cost of forward-sortation equipment. We are sincerely happy for your reply and therefore encouraged to write in detail. Thanking you once again, Suhas Shivalkar

Wed, Mar 14, 2012 at 4:20 AM Dear Mr. Shivalkar: Your connections are worthy of note however you have a tremendous uphill ways to go yet. The problems with MSW have been a world problem for over 100 years. It's unfortunate the mistakes from the past have let this problem grow to the magnitude it has become. Regardless, our plants vary from 250 to 2000tpd in one location and they are only restricted by the size of land made available for their construction. As you will read in our brisk CV the added feature of our plants is they can and should be erected directly near any existing landfill site thus not use any additional valuable land. I will offer you the following for your considerations: 1. Steps 1 secure a proper MSW supply guarantee and at least a tipping fee of $US $15/tonne for the life of the contract. The municipality typically pays up to $40/tonne so they immediately see a savings Step 2 secure a properly backed Power Purchase Agreement (PPA) for the life of the contract at least 15 years or better starting at $US $.20 cents per kilowatt hour (kWh) with escalation., A. Starting day one of the signed & executed contracts and for first years 1-5 $US 20cents / kWh, B. years 6-10 will be $US.24 cents per kWh and C. years 11-15 will be $US.29 cents per kWh

2.

3. Step 3 secure a sovereign government guarantee for all of the above. Once this is in place we will then help you fund the plant using the Canadian Government agency here known as E-D-C Export Development Canada as the two countries have concluded business trade arrangements What we will also do is once we've concluded our contractual agreements and upon final payments, we will issue to you a process and manufacturing warrantee, and output guarantee so you can comfort as you describe the system that we are not some long distance company with no foundation, so if the plant operated as designed does not produce or operate as designed you a recourse in obtaining any lost revenues. Best wishes, Constantine Papadakos

Thu, Mar 15, 2012 at 5:53 PM

Suhhas Shivlkar Dear Mr. Papadakos, Thanks for your encouraging mail & draft of NDNC agreement. I will study & let you know. Step 1 supply guarantee of requisite tonnage of MSW & subsequent agreement is not difficult at present. I will let you know about the tipping fee or any alternative method. Step 2 Most of the power supply companies are government owned and per unit charges to customers are subsidized. I will get the details of rate of power purchased by government & 2 privately owned companies, Tata & Reliance. Step 3 Government guarantee is possible. In the meantime, may I request you to please send me the following; 1. Performance Certificates of a few existing clients ( It will help us progress the matter faster), 2. Case Study/ies.( It will help us to understand the modes operandi, and 3. Copy of certificates received from Competent Authorities.. All of these will help us to procure a Letter of Intent faster. We are focusing a Municipal Corporation having mixed daily waste of 680 TPD. Regards. Suhas Shivalkar

Thu, Mar 15, 2012 at 6:42 PM Constantine Papadakos Mr Shivalkar: Focus for the moment on the NDA as that allows us to send you the information you've requested. I would also consider at great lengths the ability of procuring the Step 3 Government Guarantees as without them there is no funding available from our supporters Thanks From: Suhhas Shivlkar [mailto:shivlkar@gmail.com] Sent: Thursday, March 15, 2012 8:23 AM Dear Mr. Papadakos,

Thu, Mar 15, 2012 at 10:34 PM

Suhhas Shivlkar <shivlkar@gmail.com> Dear Mr. Papadakos, Sincerely thanks for the immediate reply. I shall reply to NDA by tomorrow. Regarding government guarantee, as per my knowledge, we are dealing with Municipal Corporations & generally such type of agreements are backed by State governments (and collateral by Central government). However, Regards. Suhas Shivalkar in due course of time, we shall confirm this.

Suhhas Shivlkar Dear Mr. Papadakos, We confirm that we accept Non-Circumvention Agreement' in toto. Please find enclosed a copy with attestation. Regards. Suhas Shivalkar.

Fri, Mar 16, 2012 at 4:31 PM

'Confidentiality

&

Non-Disclosure

Fri, Mar 16, 2012 at 6:24 PM Constantine Papadakos Thank you for the reply to the NDA however would you please print< initial each page then sign the signature page and then email them back Thanks

Fri, Mar 16, 2012 at 10:23 PM

Suhhas Shivlkar Dear Mr. Papadakos, Thanks for the mail. I will email it duly signed. Regards. Suhas Shivalkar

Mon, Mar 19, 2012 at 4:24 PM Suhhas Shivlkar Dear Mr. Papadakos, Please find enclosed pdf file duly initialed and signed.

Regards. Suhas Shivalkar.

Wed, Mar 21, 2012 at 4:16 PM Suhhas Shivlkar Dear Mr. Papadakos, Did you receive my earlier mail sent on Monday, the 19th March with signed NDNCA? Regards. Suhas Shivalkar

Wed, Mar 21, 2012 at 7:45 PM Constantine Papadakos I think I sent you an email by mistake, I was driving while responding to one of our suppliers..,

I will look at the NDA and get it back to you today Thanks

Thu, Mar 22, 2012 at 7:15 AM Constantine Papadakos Please find enclosed the signed NDA.

Thu, Mar 22, 2012 at 5:01 PM Suhhas Shivlkar Dear Mr. Papadakos, Thanks for the copy of signed NDA. Please advice for the next step. Regards. Suhas Shivalkar

Sat, Mar 24, 2012 at 8:36 PM Suhhas Shivlkar Dear Mr. Papadakos, We are planning to meet districts Guardian Minister who is decision maker for major projects in the district - next week. I have prepared presentation material from your site & CSL CV, which I feel is sufficient. However, kindly clarify the following points for the better understanding of the system, even though these are primary; 1. Is it necessary to segregate wet & dry waste at the collection level?

2. Whether ash block making plant is provided with main plant or it is optional? 3. Though mentioned elsewhere, plastic is burnt similar to other waste and no residue except ash is remaining. Is it correct? 4. 5. What is the costing of metal separator, and what is Economic Justification for that? Will you please elaborate on funding assistance by Economic Development,

Canada; in the form of % contribution of EDC & Local Body? 6. Kick back (of course, always) have to be considered. What is your experience? it is settled.

How much percent is our commission, and how You may provide any additional information you find necessary.

Regards. Suhas Shivalkar

Constantine Papadakos In response to your email please review the following NO segregation is required at the collection level, that is all done at the plant and that is where you generate employment as you will need to hire people for those tasks The block making Batch Plant is an option and roughly adds about $1 million USD to the price Once the plastics are put through the systems there is NO residue left due to the high operating temperatures EDC is a Canadian Government Agency designed to help Canadian Manufactures with their exports. If the country any company is dealing with has an approval with the Canadian government then they help with funding up to 80% for more information visit www.edc.ca and or http://en.wikipedia.org/wiki/Export_Development_Canada Kicking back you will be in for a tough ride, as I explained this is a long from being done. I thought we would be selling the plant to you and you would take ownership of it? However if a fee position is your preferences then in matters such as these, where the agent will have all the details managed and ready for signatures the fees are typically between 3-5% but they are only paid out when the contracts are signed and executed. Having stated that I would encourage you to consider ownership . As for additional information, send us the government issued msw composition, as location and if possible pictures of the area considered, the agreed upon Power Purchase Agreement from the government willing to pay for the evisceration of the MSW, creating jobs and getting clean electricity and other products, such as potable water, air conditioning, recycling of all metals, elimination of SOME toxic chemicals and medical wastes. Remember you will need a government backed MSW supply agreement, a Government back Power Purchase Agreement, government allocated land for the plant ( I would suggest they build it next to any of the existing landfill sites) We have far more but it all starts with the basic information

Let me know and good luck! Constantine Papadakos

Sun, Mar 25, 2012 at 5:34 PM Suhhas Shivlkar Dear Mr. Papadakos, Thanks for your support, good wishes & the information which is sufficient at present. I shall ask as & when needed. Please note that Indian scenario is quite different. The waste is in the store room for almost 3 days. It drains water. Whether wet & dry waste is fed to the chamber together? If it needs segregation, where & how it is done? Will you please detail it? Because earlier failure of plants is mainly due to mixed waste. At present many women are employed for the collection of segregated waste from houses as well Bins are kept at the corners of roads from where Corporation vehicles collect the waste (here mixed waste). Hence employment issue will not appeal much. At present there is different system for Medical waste? Is it possible to accept any Medical (hazardous) waste for our plant? I have already visited EDC site. 80% or more is encouraging. Please let me know the interest rate structure not specific but only in general to get an idea. Is it in relation to LIBOR? Yes, I accept that I will have to manage all the details and make it ready for signatures. During the process, I take granted for your support as of now. However if things go through, for receiving advance & site inspection, you will have to depute someone. Abut ownership, I have not thought of, but I have to find out co-investor along with me. Shall try for Build-Own-Operate-Transfer model. MSW composition & other details will be sent to you at earliest.

Municipal Corporation backed MSW supply agreement & land allotment, State Government backed Power Purchase Agreement will not be bottlenecks. Only rates are to be worked out with them for PPA. I understand that you have mentioned the following on thinking the plant will be owned by us. However, I feel this is a good selling point, rather USP while discussions with Authorities. Hence I request you to please elaborate on this for better understanding and output guarantee so you can comfort as you describe the system that we are not some long distance company with no foundation, so if the plant operated as designed

does not produce or operate as designed you a recourse in obtaining any lost revenues. Does it mean that there is a LD clause for downtime?

Again thanking you for your support. Regards. Suhas Shivalkar