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Launch of energy related initiatives announced at the third Indo-French CEO Forum

According to reports in the media (here and here), the third meeting of the Indo-French CEO’s Forum was held in New Delhi on December 6th, 2010 on the occasion of the official visit of the President of the French Republic to India.

Thirty chairmen or CEO’s gathered on December 6th early morning, and the conclusions of their meeting were reported to President Nicolas Sarkozy and Prime Minister Manmohan Singh.

The renewable energy related initiatives are as follows:

Air Liquide, Tatva Renewable Energy and Michelin to launch significant initiatives to promote the emergence of a sustainable energy sector in India.

Many of India’s greatest challenges reside in the power sector and transports. The Indo-French CEO’s Forum’s initiatives have reinforced the partnerships between French companies and their Indian partners to accelerate progress towards a more sustainable, equitable energy sector.

The energy challenge is decisive for India: from 1990 to 2008, India’s population grew from 850 million to over 1.1 billion while energy consumption grew more than twice as fast. Some 400 million Indians still have no access to electricity and carbon emissions are growing dramatically.

Air Liquide and Tatva Renewable Energy teams are studying the possible development, test, and industrialization of a hydrogen fuel cell based energy management solution adapted to the Indian market. This would constitute a cost-effective, reliable and environmentally friendly power supply solution for the telecom infrastructure (GSM towers, over 300 000 in India) and represent the first large scale industrial deployment of fuel cell systems, worldwide.

Michelin expressed a strong interest in developing partnerships on concept projects for hybrid & electric vehicles calling upon electric controls and new technologies for electric motor vehicles.

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