CHENNAI CORPORATION:Fanalca exits, leaves Neel Metal in limbo

By G Saravanan

Published in The New Indian Express, Chennai on November 01, 2011:

Source:http://expressbuzz.com/cities/chennai/fanalca-exits-leaves-neel-metal-in-limbo/328593.html

CHENNAI: The Chennai Corporation, which is already struggling with shortage of manpower for its conservancy operations, could face a tough time ahead as the private player Neel Metal Fanalca’s staff strength has started ‘melting away’ with just two months left before they wound up operations.

Neel Metal Fanalca, which had been at the receiving end for its sluggish work since its inception, seems to have become embroiled in another crisis.
According to sources, the company’s joint-venture partner, Fanalca S A from Latin American country Colombia, has broken away from its partnership venture and Neel Metal is now managing all the conservancy operations in Chennai Corporation and Ambattur areas.
While the development has put more pressure on Neel Metal to carry on with its conservancy operations till December 31 in the city, the company has certainly become an albatross in the Corporation’s neck as the civic body’s staff are being now deputed at many of its locations to clear garbage.
The vanishing act by the Latin American firm has put a big question mark on the conservancy operations in the city. Besides, its employees are also feeling the heat and most of the management staff have resigned and are awaiting settlements.
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The New Delhi-based Jay Bharat Maruti Ltd (JBM Group) in a joint venture with Fanalca S.A, Colombia floated the Neel Metal Fanalca Environment Management Pvt. Ltd in 2007 and won a bid for conservancy operations in Chennai Corporation. To carry on the operations, it had roped in about 2,500 staff for its four zones in the Corporation limits.
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