Title : Social-Cost Benefit Analysis of Sewage Treatment Plant
Abstract:
The objective of the study is to analyze the socio-economic impact of the two sewage treatment plants using Social-Cost Benefit analysis to compare the costs and benefits of plants in Delhi. The aim is to comprehend the economic, health, environmental, and ecological impact of these sewage treatment plants. Based on data collected, the benefits such as social, economic, environmental, and ecological have been analyzed in the study along with the total cost comprising of fixed costs such as construction cost and cost of land and operating costs consisting of the maintenance cost, cost of electricity consumption, cost of chemicals used and manpower employed, the cost involved in the dumping of manure. The study reveals that the benefits remain underestimated in both the plants and suggests several policy implications such as more efficient utilization of effluents, non-drinking water, and sludge. The role of clean and renewable energy is highlighted by identifying the potential for electricity generation through a biogas plant and a stand-alone solar plant. Thus, industrial wastewater is converted into electricity which will not only be used by the sewage treatment plant but can also feed the excess electricity generated to the main grid.
Audience Takeaway:
- Explain how the method of Social Cost Benefit analysis can be adopted to evaluate the impact of social goods such as Sewage treatment plants.
- The role a Sewage Treatment Plant can play in generating electricity in addition to clean water.
- In the present context of sustainability, climate change, water scarcity, and clean energy an analysis presented in the lecture highlights the cradle-to-cradle concept of sustainability and depicts cleaner methods of energy production along with water conservation.
- The presentation also highlights the significance of stand-alone electricity generation and the potential of feeding to the grid.
