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Daily Archives: January 25, 2012

Volvo hybrid bus to hit Bangalore

According to reports, the Volvo hybrid bus, unveiled at the Delhi Auto Expo earlier this month, would be launched on Bangalore roads soon, Karnataka Transport Minister R Ashoka said on Monday. The 105-seater single bus would have a two-month trial run in the city, expected to be from this month itself, he told reporters here. As per a preliminary reports, it cuts diesel fuel costs by 30 per cent, while emissions are significantly less, Ashoka said. According to officials, the ... Read More »

Tata Steel bags wind turbine contract from Siemens in Europe

According to reports, Tata Steel’s efforts to build a business catering to the wind energy sector in Europe, got a boost, as it secured a multi-million pound contract from engineering giant, Siemens. The deal to supply 25,000 tonnes of high quality profiled steel plate for 150 wind turbine towers to Siemens Wind Power was worth an unspecified eight figure pound amount, Tata Steel said Wednesday. The company said it anticipated that the deal would lead to further opportunities to supply ... Read More »

Karnataka will add 550 MW from renewable sources this year

According to reports, the Government of Karnataka will add about 550 MW from different renewable energy sources this year, according to a top official in the State Government. Of the 550 MW, about 250 MW will be from wind, about 130 MW from co-generation from sugar factories, about 50 MW from hydel power plants and the remaining from pico-hydel (of less than 5 KW) and solar sources, Ms Shamim Banu, Additional Chief Secretary (Power), Government of Karnataka, told reporters on ... Read More »

Khosla funded LanzaTech Closes US $55.8 Million Series C Round

LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, has closed its Series C round with new investment totaling US $55.8 million led by the Malaysian Life Sciences Capital Fund. New investors include PETRONAS Technology Ventures Sdn Bhd, the venture arm of PETRONAS,       the national oil company of Malaysia, and Dialog Group, a leading  Malaysian integrated specialist technical services provider to the oil, gas and petrochemical industry. Existing investors Khosla Ventures, Qiming  Venture Partners and K1W1 also participated in the round. To date, ... Read More »

Tamil Nadu industries call for demand side management

According to reports, power intensive industries such as textile mills are asking the Government to impose uniform power cut across the State and streamline the demand side management of TANGEDCO (Tamil Nadu Generation and Distribution Corporation Ltd). “We are suffering from erratic supply of power and the situation is worsening by the day. Instead of resorting to irregular supply and unscheduled power cut, the Government should consider increasing the power cut from 20 per cent to 40 per cent across ... Read More »

India Offers Assistance to Mauritius in Tapping Renewable Energy

India has offered help to Mauritius in developing its renewable energy sector. The Minister of New and Renewable Energy, Dr. Farooq Abdullah, during his recent visit to Mauritius called on the Prime Minister of Mauritius, Dr. Navinchandra Ramgoolam, and had bilateral meetings with Deputy Prime Minister and Minister of Energy, Dr. Ahmed Rashid Beebeejaun, and other Ministers of Mauritius. Dr. Abdullah offered assistance to the island nation in tapping its renewable energy resources including wind, solar and geo-thermal. Dr. Abdullah ... Read More »

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