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In a bid to promote sustainable development, Kochi Metro Rail Limited (KMRL) has decided to adopt circular economy principles. With this new approach, KMRL aims at reducing the cost of building construction.
According to the plan, KMRL will begin the initiative by using recycled items as building materials. This will reduce dependence on virgin materials for less important areas. Apart from this, KMRL is also considering minimising environmental impacts from transportation.
Cochin Shipyard’s electric boats to get Siemens’ hi-tech maritime solutions.
“Through adopting circular economy, KMRL can work on the concept of reduce, reuse, redesign and regenerate,” Hindu BusinessLine quoted KMRL Managing Director Alkesh Kumar Sharma as saying.
Read the full article at: www.moneycontrol.com
The circular economy can be defined as an ideal, zero-waste economy where the materials we use every day follow a closed-loop, circular journey that starts with manufacturing and utilization and then moves into reuse, repair, redistribute, refurbish, remanufacture and sometimes compost. With a circular economy, everything comes back and is used again in one form or another, minimizing or completely eliminating landfills and incineration. The circular economy differs from the existing linear economy, where things are produced, used and then some things can be reused or recycled, but some things end up in the landfill, oceans or other places they don’t belong. Some types of plastics are especially problematic in terms of recycling, but increasingly, manufacturers are becoming more conscious of the materials they’re producing and using to ensure that they can either be recycled, reused or composted.