KOCHI: As uncertainty looms large over the Rs 295-cr waste-to-energy plant at Brahmapuram after London Investment Consultancy Ltd (LIC), the financial partner and holding company of GJ Eco Power Private Ltd, filed for bankruptcy in London, the company officials told Express it has tied up for project financing activity by bringing in an equity investment from a large European power generation company.
According to Giby George, GJ Eco Power Private Ltd managing director, the European company carries a wealth of experience in power generation and waste-to-energy conversion.