Business Daily from THE HINDU group of publications
Thursday, Aug 24, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Events
CII meet urges cos to conserve energy

Our Bureau

Chennai , Aug. 23

"India is four times as energy intensive as Japan is. This reflects badly on the competitiveness of the Indian industry," said Mr R. Seshasayee, President, Confederation of Indian Industry, at `Energy Summit 2006', a two-day energy conservation and technology meet organised by CII.

He urged companies to be proactive in achieving sector-specific technology breakthrough for saving energy. "We are too euphoric about India's growth rate. At what cost to the environment will this growth come," he said.

Mr Banmali Agrawala, Managing Director, Wartsila India Ltd, said there was a need to make it mandatory for organisations to generate a fixed percentage of their total energy needs from renewable sources. "We must be equally passionate about environment security as we are about energy security," he said.

Mr James L. Connaughton, Chairman, Council for Environment Quality, US, spoke about the Asia Pacific Agreement for energy conservation signed by Australia, China, India, South Korea, Japan and the US. "Through this agreement we can provide a platform for our domestic industries such as the cement industry to share their energy saving practices. This will open up trade and reduce tariffs to install technology," said Mr Connaughton.

The Chairman of the Tamil Nadu Electricity Board, Mr Hans Raj Verma, said they would look at technology collaboration with the US to improve efficiency of coal-fired thermal power plants.

More Stories on : Events | Power | Industry Associations

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Signals point to weakening trend in monsoon


Ethanol plants begin to mushroom in the US
State Labour Ministers' meet soon
Kerala faces revenue shortfall
Joint task force set up in M.P.
`State finances improving'
TN leads in engg exports from South
Kerala flour mills seek zero customs duty on wheat imports
Thailand for more pvt sector consultations for trade sops
Max Healthcare set to expand operations
Bharat Forge, Maharashtra to co-develop SEZ near Pune
TN to expand industrial estates, set up more SEZs
India to join Turkmenistan-Afghanistan-Pakistan pipeline project
Pesticide industry questions CSE report
Centre clears KRL-BPCL merger
NTPC set to start work at Simhadri power plant
BPCL, KRL merger to save Rs 150-cr CST a year
HSBC launches factoring services for SMEs
Tyre dealers' body office-bearers
Karnataka to form expert panel on interlinking rivers
GMDC gets Korba, Hazaribagh coal blocks
Radio Mirchi hikes spot rates
Hexaware training at campuses
Toyota working out modalities for small car
Lessons from everyday things
Dallas varsity MBA programme
Award instituted by IIT Kharagpur
Pratt & Whitney Chair at Hyderabad varsity
Kaizen certified training programmes
Upgraders drive Indian auto industry: JD Power
Citizen groups protest against colas
New IT, biotech policies on the anvil
New panel to study Hoda report on mining
Govt to wait for `opportune time' to offload residual stake in Maruti
Zak Tradefairs to tie up with Messe Dusseldorf
CII meet urges cos to conserve energy
AIMA to hold management convention in October
Canara Bank to conduct trade fair
Mumbai tax collections up 150 pc in April-July
Ozone plans Rs 5-cr push for No Marks cream
KSINC launches luxury boat services
Centre clears 28 tourism projects
SEBI investigates 165 cases last fiscal


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line