Mr. Viren Sinha has taken over as Chairman & Managing Director (C&MD) of the Company with effect from January 1, 2012. He succeeds Mr. S K Mukherjee. Prior to his appointment as C&MD, Mr. Sinha was Director [Service Businesses], overseeing the Tour & Travel and Logistic businesses of the Company. In his 31 years of experience, 2 years were outside Balmer Lawrie. During his tenure in the company, he has successfully handled diverse leadership roles in Sales & Marketing, Operations and Materials Management, including 11 years as the Head of Company’s operations in UK.

Mr. P.P.Sahoo has been elevated to the Board as the Director [HR & Corporate Affairs] with effect from 14th. December 2011. Besides the Human Resource, Corporate Communications, CSR, HSE & Sustainability functions, Mr. Sahoo will also be responsible for the Strategic Planning function of the Company. He has 33 years of experience, of which 24 are in Balmer Lawrie in HR & General Management roles. He has been responsible for reorienting the HR paradigm of BL and modernising the HR systems & processes of the legacy company.

The company has already paid the service tax on the service portion and no tax is applicable on the supply portion of these contracts.
The company is confident that there will not be any liability of service tax of INR 107 crore that has been claimed by the Central Excise Department.
About BGR Energy Systems Limited

BGR Energy is a leading company in the business of Turnkey Engineering and Contracting for Balance of Plant
(BoP) and full service Engineering, Procurement and Construction (EPC) for Power projects in India and LSTK
Contracts for Oil and Gas projects in India and abroad. BGR Energy designs and manufactures 22 high technology equipment / systems for Power, Process and Infrastructure projects for the world markets. As of 31 March 2011,
the Company had achieved a turnover of INR 4,763 crore or a little more than USD 1 billion.
BSE : 532930 | NSE : BGRENERGY
For further information, please contact:
Krishnan Ayyangar
General Manager – Corporate Communications
Telephone : +91-44-24326171, 24326174 | Ext : 251
Mobile: +91-7299912900 / 9940112900
Email: knayyangar@bgrenergy.com
Website: www.bgrcorp.com

PAT (Profit After Tax) declined by 12.60 % when compared with corresponding quarter of the previous year, to Rs. 24.28 Cr for the quarter ended June 30, 2011 from Rs. 27.78 Cr for the quarter ended June 30, 2010.

Basic EPS for the quarter ending 30th June, 2011 stood at Rs. 5.07 as against Rs. 5.87 for the quarter ending 30th June, 2010, a decline of 13.63 %.

Similarly, Income from Operations which is Rs. 348.53 Cr for the quarter ending June 30, 2011 declined by 14.17 % over Rs. 406.08 Cr for quarter ending March 31, 2011.

Similarly, PAT for the quarter ending June 30, 2011 is Rs. 24.28 Cr as against Rs. 33.02 Crores for quarter ending March 31, 2011, showing a decline of 26.47 %.

As a result, Basic EPS for the quarter ending June 30, 2011 also declined by 26.84 % to Rs. 5.07 from Rs. 6.93 for quarter ending March 31, 2011.

The total order book for the company as on quarter ending June 30, 2011 stands at Rs. 1595 Cr. as against Rs.1496 Cr at the end of quarter ending March 31, 2011.

Commenting on the results, Mr. G. Bala Reddy, Managing Director, ICSA (India) Ltd said, “We’re pleased to announce our Q1 numbers for FY2011-12. Our performance in the quarter has been satisfactory and we hope to perform even better in the subsequent quarters.”

About ICSA (India) Ltd:

ICSA (India) Ltd is in the business of providing technology solutions to power utilities. It also deploys infrastructure in distribution and transmission sectors for different state utilities. The company’s product line includes: Intelligent Automatic Meter Reading System, Multiplexer Unit, Distribution Transformer Monitoring System, Substation Controller, Micro Remote Terminal Unit, Theft Detection Devices, Pole Top RTU and SCADA solutions.

The company has developed products suitable for power utilities in the field of Energy Management, Energy Audit, and Control applications and provides versatile Data Acquisition Systems using GSM, CDMA, and RF.

Clean Power Asia will also give Thailand the opportunity to showcase its green track record and showcase the many investment opportunities the renewable energy industry offers. “Thailand is committed to the low-carbon pathway”, says Dr. Twarath Sutabutr, Deputy Director-General, Department of Alternative Energy Development and Efficiency, in Thailand’s Ministry of Energy.

With regards to investment opportunities in Thailand, the country’s ministry of Energy says alternative energy resources provide a practical link between the country’s agricultural competitive advantages and its domestic energy needs. Dr. Sutabutr explains: “Thailand is committed to the Low-Carbon pathway, as stated in the new National Economic and Social Development Plan (11th plan), due to the fact that Thailand is a net-importer of fossil fuels. The only way to be independent from the importation is to go along the “Green and Clean Energy” corridor, including Renewable Energy & Energy Efficiency and maybe Nuclear Energy.”

Thailand’s ministry of Energy and the local utilities, EGAT and PEA ENCOM, are officially supporting Clean Power Asia, during which some 300 delegates will hear from power experts from more than 14 countries in the region who will report back on renewable and cleaner fossil power projects including from Thailand, Singapore, Korea, China, the Philippines, India, Australia, Indonesia, Cambodia, Vietnam, Laos, Malaysia, India, Pakistan and Iran.

Thailand’s current steps towards the Clean Energy pathway
The two site visits on the programme of Clean Power Asia will offer delegates the rare opportunity to explore two of the most prominent solar power projects in Thailand, namely the Ned Project, which is the world’s largest silicon thin-film solar farm, and the BCP solar power project.

Renewable investment opportunities in Thailand include:

Ethanol: The Energy Ministry has already short listed 15 local biomass power plants for foreign company investment, under the United Nations’ Clean Development Mechanism (CDM) of the Kyoto Protocol.

Solar Cells: Thailand continues to make significant strides in solar generated electric capacity. Currently, much of Thailand’s solar-panels are made for export, but solar energy development now also offers great potential for filling a domestic energy demand, particularly in remote rural and mountainous regions.

Wind Power: The Thai government offers subsidies for electricity produced by wind power. In a recent example of this technology’s potential, a tapioca flour processing plant, eliminated the 8,000 liters/day of fuel oil formerly used in the production process, and cut 40% in production costs.

Biodiesel: The government has a target of 4.25 million litres/day of biodiesel, for a 7% consumption substitute of diesel by the year 2011. Palm oil, one of the most readily available inputs for biodiesel production can be found in abundant quantities in Thailand.

More highlights from the Clean Power Asia programme include:
Renewable power:
• China WindPower plans to build and operate up to 800 MW of new wind farms by 2012
• Keys to success from Southeast Asia’s largest solar power plant project in Thailand
• Optimizing Hydropower generation in peninsular Malaysia – TNB’s Green Energy Initiatives
• Update on the Wayang Windu Project in Indonesia
• Lessons learned from one of the first European style organic waste to energy projects in Thailand

Cleaner fossil power generation:
• Environmental considerations related to the development and implementation of the 660MW coal-fired power plant project in Thailand (Gheco-One)
• Successful cleaner fossil fuel coal based power plant development: the Tianjin IGCC project in China
• PLN Indonesia’s approach to environmentally friendly coal power production
• Thailand’s Mae Moh coal fired power plant’s achievements in reducing emissions through technological and operational improvements
• Korea’s experiences in cost savings while generating ultra-clean electricity

Leading government and industry experts on the programme include:
• Dr.Kurujit Nakornthap, Deputy Permanent Secretary, Ministry of Energy, Thailand
• Sutat Patmasiriwat, Governor, Electricity Generating Authority of Thailand (EGAT), Thailand
• Pongsakorn Tantiwanichanon, Deputy Governor Planning and System Development, Provincial Electricity Authority (PEA), Thailand
• Luluk Sumiarso, Former Director General of New and Renewable Energy and Energy Conservation, Ministry of Energy and Mineral Resources, Indonesia
• Dr. Ram Babu, CEO, General Carbon, India
• Dato’ Ir. Azman Bin Mohd, COO, Tenaga Nasional Berhad (TNB), Malaysia
• Dr. Direk Lavansiri, Chairman, Energy Regulatory Commission (ERC), Thailand
• Ir. Ahmad Fauzi Hasan, CEO, Energy Commission, Malaysia
• Andrew Beebe, Chief Commercial Officer, Suntech Power, China
• Xaypaseuth Phomsoupha, Director General, Department of Energy Promotion and Development, Ministry of Energy and Mines, Lao PDR
• Francis Saturnino C. Juan, Executive Director, Energy Regulatory Commission, The Philippines
• Ir. Ahmad Fauzi Hasan, CEO, Energy Commission, Malaysia
• Maaike Göbel, Manager, Southeast Asia and Pacific Renewable Energy and Energy Efficiency Partnership (REEEP), Australia
• Nur Pamudji Director for Primary Energy, PT PLN (Persero), Indonesia

Event dates: Conference dates: 28-30 June, Site visits (optional): 30 June
Event website: www.cleanpower-asia.com
Event location: Intercontinental Hotel, 973 Ploenchit Road, Bangkok, Thailand

For more information, interviews and media accreditation:
Communications manager: Annemarie Roodbol
Tel. +27 21 700 3558
Fax. +27 21 700 3501
Mobile: +27 82 562 7844
Email: annemarie.roodbol@clarionevents.com
Address: PO Box 321, Steenberg, Tokai, 7947, South Africa

Mr. Gupta brings with him an experience of more than thirty years in financial management. In his earlier capacity as Group Chief Financial Officer, Al Suwaidi Group he was responsible for finance functions at corporate level and was deeply involved in strategic business & financial planning, fund raising, driving IT initiatives of the group. He also held additional responsibility as General Manager for one of their manufacturing businesses and was responsible for overall operations of that business. Earlier positions held by him include Finance Head with Samtel Color Limited, Vice President, Finance with Fenner India Limited and Deputy General Manager, Finance with Birla Yamaha Limited.

Mr Gupta was involved in raising venture capital funding & large term debts for the Samtel group and was involved in taking one of the first companies of the HCL group public in the year 1984. He has tremendous experience in strategic business & financial planning, fundraising for capex & working capital and driving IT based ERP systems for organizations. Mr. Gupta has completed his B.Com (Hon.) from Delhi University and is a Chartered Accountant from Institute of Chartered Accountant of India.

Inderpreet Wadhwa, Chief Executive Officer, Azure Power said “Solar Power generation is extremely capital intensive and a sound financial strategy is a must for successful growth of any business in the solar power sector. While Azure has already demonstrated successful financing structures for large scale solar power generation, I am quite excited to have Mr SK Gupta on board to build upon Azure’s current success and lead the company through its expansion stage using the wealth of his experience in capital strategy, planning, risk management and investor relations. I am happy to welcome Mr. SK Gupta to Azure Power and confident that his experience of more than thirty years in financial management, will hold us in good stead.”

Mr. SK Gupta said “Solar sector in India is in its nascent stage and has a large potential for steep growth in coming years. It is a capital intensive industry with special funding requirements. Companies in this sector require long term innovative financial planning to grow steadily. I am delighted to join Azure Power, a company that has taken great strides in this fast growing sector, and am confident to scale the company to new heights.”

Mr. S K Gupta has assumed responsibility as the Chief Financial Officer and is contributing to the growth of the company into a leadership position in solar power generation.

Untapped renewable potential
“It is clear that Southeast Asia offers large potential for renewable energy sources, most still untapped”, says Elly Kreijkes, Clean Power Asia project director, “given the region’s rapid economic growth, increasing energy demand, growing environmental pressures, low rural electrification levels, and heavy reliance on fossil fuels and traditional biomass.”

She continues: “The ASEAN-6 countries are diverse in terms of their renewable potential when calculated on a per-capita or per-GDP basis. In absolute terms, Indonesia, for example, has the highest total realisable potential for renewables across all sectors; in per-capita terms, Malaysia has the largest renewable electricity potential; and Vietnam shows the highest potential for renewable electricity in terms of its level of economic development.”

According to Clean Power Asia’s Elly Kreijkes some countries have above average per-capita potential levels relative to their population share; “for example, Malaysia for renewable electricity and Singapore for renewable heat (especially solar thermal). Thailand and Malaysia have similar renewable electricity potential, but Thailand’s per-capita GDP level is half that of Malaysia. Nonetheless, Thailand has implemented much more ambitious targets and incentive mechanisms than Malaysia.”

Reality of the current utility energy mix
Elly Kreijkes notes that: “Although the current events in Japan have certainly brought home again the dangers of nuclear power generation, all governments have been facing the challenge of securing energy supply and optimizing the energy mix in a more environmentally friendly way in order to meet the targets set by the Kyoto Protocol. Given the fact that the majority of power production still comes from conventional and only a small, albeit growing, percentage comes from renewable, there is a real need to reduce CO2 emission on the conventional side.”

She explains that Clean Power Asia will provide a platform to exchange valuable feedback with regards to renewable and cleaner fossil power projects in the region, from technology to finance to implementation: “Thailand is very advanced in their renewable energy policy and initiatives so other countries will learn from this. The solar development in Thailand, bioenergy and hydro power developments in Malaysia, geothermal developments in Indonesia and cleaner fossil power projects in India and China will provide excellent opportunities for countries to learn from each other.

Clean Power Asia will present more than 20 case studies from countries such as Thailand, China, Philippines, Indonesia, Cambodia, Vietnam, Laos, Malaysia, India, Pakistan and Iran, including:

Renewable power:
- China WindPower plans to build and operate up to 800 MW of new wind farms by 2012
- Keys to success from Southeast Asia’s largest solar power plant project in Thailand
- Optimizing Hydropower generation in peninsula Malaysia – TNB’s Green Energy Initiatives
- Update on the Wayang Windu Project in Indonesia
- Landhi Bio Gas, Karachi – The largest bio waste to energy project in Pakistan

Cleaner fossil power generation:
• Environmental considerations related to the development and implementation of the 660MW coal-fired power plant project in Thailand (Gheco-One)
• Successful cleaner fossil fuel coal based power plant development: the Tianjin IGCC project in China

Leading government and industry experts on the programme include:

- Sutat Patmasiriwat, Governor, Electricity Generating Authority of Thailand (EGAT), Thailand
- Pongsakorn Tantiwanichanon, Deputy Governor Planning and System Development, Provincial Electricity Authority (PEA), Thailand
- Luluk Sumiarso, Director General of New and Renewable Energy and Energy Conservation, Ministry of Energy and Mineral Resources, Indonesia
- Dato’ Ir. Azman Bin Mohd, COO, Tenaga Nasional Berhad (TNB), Malaysia
- Dr. Direk Lavansiri, Chairman, Energy Regulatory Commission (ERC), Thailand
- Ir. Ahmad Fauzi Hasan, CEO, Energy Commission, Malaysia
- Luluk Sumiarso, Director General for New and Renewable Energy and Conservation, Ministry of Energy and Mineral Resources, Indonesia
- Mr Nguyen Ninh Hai, Renewable Energy Expert, Ministry of Industry and Trade, Vietnam
- Xaypaseuth Phomsoupha, Director General, Department of Energy Promotion and Development, Ministry of Energy and Mines, Lao PDR
- Atty. Maria Floreselda Abalos-Sampaga, Chief Officer Legal Department, Energy Regulatory Commission, Philippines
- Ir. Ahmad Fauzi Hasan, CEO, Energy Commission, Malaysia
- Maaike Göbel, Manager, Southeast Asia and Pacific Renewable Energy and Energy Efficiency Partnership (REEEP), Australia
- Nur Pamudji Director for Primary Energy, PT PLN (Persero), Indonesia

Event dates: Conference dates: 28-29 June, Site visits: 30 June
Event website: www.cleanpower-asia.com
Event location: Intercontinental Hotel, 973 Ploenchit Road, Bangkok, Thailand

For more information, interviews and media accreditation:
Communications manager: Annemarie Roodbol
Tel. +27 21 700 3558
Fax. +27 21 700 3501
Mobile: +27 82 562 7844
Email: annemarie.roodbol@clarionevents.com

The solar system installed at U.S. Foodservice’s San Francisco Distribution Center utilized 4,354 pieces of DelSolar’s D6P230A3E multi-crystalline 230Wp PV module. It included a 759kW rooftop section and a 241kW carport, which will together generate approximately 1,380,227kWh/year, equivalent to an annual energy consumption of about 194 homes in California. The second PV project is expected to take place at a different site later this year.

Stephen Torres, Director of DelSolar USA added, “ The PV project at U.S. Foodservice’s San Francisco Distribution Center validated DelSolar’s turn-key capabilities for large commercial and utility-scale projects, as well as the broad acceptance of our c-Si technologies in the US market. We are excited about the opportunity to deploy additional large-scale solar solutions at other US Foodservice facilities over the next 12 months.”

1MW solar PV project for U.S. Foodservice Inc in Livermore, CA

The project was partially funded thru the California Solar Initiative (CSI) incentive program. The Livermore project created over 70 jobs in construction and installation related services, helping to foster the recovery of local economy.

For additional information regarding DelSolar’s product and services offerings, please contact Mr. Aris Yi at 1-510-668-5581.

# # #

About DelSolar Co., Ltd.:
Founded in 2004 in the Hsinchu Science Park in Taiwan, DelSolar is dedicated to the research, development, and production of high-quality solar cells, modules, and photovoltaic (PV) systems. The company strives to become the world’s leading solar supplier through continuous innovation, outstanding production processes, high yield rates, and world-class product efficiency.

DelSolar was established as a joint venture of Delta Electronics, Inc., and the Industrial Technology Research Institute (ITRI), a renowned technology development organization in Taiwan. Delta is the world’s number one provider of switching power supplies, and also holds a leading position in the fields of automation, networking, and renewable energy. This alliance has generated great synergies, including strong in-house automation and an innovative R&D team, for DelSolar to develop and produce advanced solar photovoltaic products with state-of-the-art efficiency.

DelSolar is committed to providing clean and effective solar energy for a sustainable world. For further information, please see the company’s website at: http://www.delsolarpv.com, or contact:

Ms. Austin Chiu
Director, Legal, IP & IKM
Tel: 886-3-578-1999 ext. 8820
Fax: 886-3-578-1799
E-Mail: pr@delsolarpv.com

Landmarks and global icons such as Gateway of India, Taj Hotels in Mumbai and Delhi, India Gate, Chhatrapati Shivaji Terminus in Mumbai, Bollywood celebrity – Vidya Balan & Cricket legend – Wasim Akram are joining millions of people from community, business, government, transcending barriers of race, religion, culture, society, generation and geography in a global celebrations of their commitment to protect one thing that unites us all.

Since the first earth hour, in 2007 till date 4600 cities have switched off lights but now we need to go beyond the hour. After you have switched the lights back on,‘Rethink Dimming.’

History of dimming was rewritten in 1960, when Founder of Lutron, Joel Spira invented the first ever energy-saving electronic dimmer. Before that, dimming was done with bulky rheostat dimmers which could only dim by transforming electricity into heat without saving any energy at all.

Energy Saving has become a global concern with consumers, corporations and governments alike demonstrating their desire to provide a sustainable environment for future generations. There are many different approaches to deal with this hot issue: recycling, less usage of plastic bags, turning the car off when stationary, setting the room temperature to 25.5 C. However an area that is often over looked in reduction of energy is lighting, even though it is the most common source of energy consumption in any building

Dimming helps households and organisations alike to make a significant contribution towards the protection of the environment by reducing energy consumption, lamp replacement and all associated costs. Other benefits being an increase in comfort level, the prevention of distractions, the ability to enhance moods, the extension of lamp life and just having the convenience of choice.

The key to dimming is TRAIC (TRIode for Alternating Current). At the heart of any dimming component, an electronic switching component allows current to flow in either direction. It allows light to be switched on and off very rapidly – approximately 120 times a second. The longer the light is on vs off, the lower is the light output

Dimming                        Electricity Saved                        Bulbs Last Longer

10 %                              10 %                              2 times longer

25 %                              20 %                              4 times longer

50 %                              40 %                              20 times longer

75 %                              60 %                              > 20 time longer

So, Switch off and Dim on

The beauty of dimming is that by dimming 10%, your naked eyes won’t even notice the difference in light level as your pupils will automatically enlarge to allow more light in.  So you can virtually save energy without noticing the change in light level. Beside, dimming can give you the desirable light level for different activities. Some activities like reading require brighter light level while other activities like dinning or listening to music need lower level and more ambiance.

Saving Energy the Lutron Way

Lutron is committed to helping its customers find ways to save energy and all of Lutron’s lighting control systems enable customers to reduce electricity usage and extend lamp life significantly.  In addition, the company’s range of shade and blind controls allow natural light levels to be maximised, offering the ultimate in efficient artificial and natural lighting control.  Lutron leads the industry in controlling energy efficient light sources and full-range dimming is now possible for a wide range of fluorescent lamp types. The trend toward LED lighting for accent and general lighting is growing, and Lutron is there to control it all.

Lutron Electronics Co., Inc., headquartered in Coopersburg, Pennsylvania, is the world’s leading designer and manufacturer of lighting controls and architectural lighting control systems for residential, commercial and institutional applications. The company that invented solid-state dimming, Lutron is the most recognised and requested brand in the industry and sells and services products in more than 80 countries around the world. It offers more than 15,000 products—from single-room dimmers to comprehensive architectural systems that operate lighting throughout an entire building and can control virtually any lamp source.  Lutron has offices in New Delhi, Bangalore, Mumbai, Dubai, Hong Kong, Shanghai, Beijing, Singapore, Tokyo, Barcelona, Berlin, London, Madrid, Mexico, Paris and Sao Paulo.

Mr. Gaurav Bikram, CEO & Managing Director of Avenue Renewable Energy said that from solutions for Multi Mega Watt to Kilo Watt capacity solar photovoltaic power plants to solar augmented carts and solar water heating solutions for Industries and home we do it all with latest technologies and to the clients satisfaction.

All products manufactured and used by Avenue Renewable Energy are approved and having the necessary and required certifications. Solar modules ranging from 3Wp to 280Wp are all IEC 61215 (II Edition) approved.

Avenue Renewable Energy is also engaged in the design and development of various other solar products such as Solar Home lights, Solar Street Lights, Solar Lanterns, Solar Inverters and Solar Water Heating Systems.

Avenue Renewable Energy (A Unit of Avenue Strategic Consultants Pvt. Ltd.) management has around 20 years experience in Solar Energy Product Development and Solutions. We have installed millions of liters solar water heating systems throughout India and exported globally.

Mr. Bikram further added that, we design the customized solar water heating systems depending upon the requirements of the industry and the application. Avenue is having an in-house Auto CAD design team to best utilize the available space and provide the most efficient solar thermal solutions to various industries such as Pharmaceutical unit, Dying and Hotel Industries etc.

Avenue Renewable Energy is using new emerging technologies in light generating devices, Avenue Renewable Energy has become pioneer in LED based Solar and Energy Efficient Lighting Systems.

GREENWAVE a Vadodara based company signs a Joint Venture with FRIGITECH INTERNATIONAL Inc. leader in the field of manufacturing Space Age Performance Enhancement Lubricants in Houston, Texas USA since last 26 years and has developed technology and expertise specific to HVAC application.

FRIGITECH space age lubricants permanently removes OIL FOULING that is built up inside the heat exchangers as well as increases lubrications to the internal parts of the compressors, thereby improving cooling efficiency and reducing compressor run time to achieve set temperature faster. The resultant effect is lower power consumptions and reduced noise and vibration as well as less maintenance of the compressor.

Indian market is of special interest for Greenwave-Frigitech as it has large installation of cooling equipments for comforts as well as for food storages and automobiles ACs.

Greenwave and Frigitech has distinct advantage of more than 26 years of HVAC experience and we understand the heartbeats of HVAC and that is where we stand to gain by understanding the system, advising the right solutions and guaranting saving results which are based on easily understandable Internationally accepted calculations.
Greenwave based in Vadodara Gujarat has been pioneer in the field of HVAC products development and design as well as a leader in energy saving technology since last more than 34 years have brought the state of the art space age technology lubricants to the INDIAN market under Joint venture with FRIGITECH.

Greenwave sells through network of distributors and dealers in India as well as in Export market and is well placed with distribution network in west India and is in process of covering south India with Bangalore already active in sales.

The recent participation in ACREX trade fair organized by ISHRAE AND ASHRAE has brought in large inquiries for Greenwave from South East, Far East, Europe and Africa.

Greenwave is passionate about energy saving and is headed by Vinit Nair – Managing Director, Harish Menon – Sales Director and they are supported by Geev Panthaki CEO and offers simple effective products that has return on investment within maximum 24 months.

The FRIGITECH product has proved to save energy in window units, split units, ducted units, packaged units, Central Plants, Chillers, Cold storages, Cold rooms, Display cabinets, Visi Coolers, Water coolers, Deep freezers, Refrigerators.

FRIGITECH also improves Cooling in CAR Acs and Container refrigeration as well as Truck refrigeration.

Greenwave has impressive list of clients – private and government. Residence, Offices, Industries, Malls, Theatres, Hospitals, Hotels, IT centre. Names like Reliance, Essar, Mahindra, Tata Power, Tata Motors, Blue Star, Godrej, Shopper Stop, Indo Rama, Indian Railways, Sterling Hospital, Oberoi Hotels, Leela Hotel, Hyatt Hotel, Zodiac Shirts Outlets , IDBI, SIDBI, SBI, IOC are few other large clients.

BEE has shown keen interest in Greenwave products and has been keen to make use of FRIGITECH as a viable option for existing HVAC products.

Best part of FRIGITECH is it is compatible with all types of refrigerants and all types of Compressors and it is simple to treat the units without any modification or shut down.
Results are almost immediate and these Greenwave shows it with help of KWH meters and Data Loggers along with Temperature recordings.

FRIGITECH helps reduce KW per Ton consumption and is keen to work closely with the Government to reduce power consumption and help in reducing Global Warming.

For a free booklet on Chiller efficiency – please mail us at info@greenwaveindia.in

With 34 Oil & Gas Blocks on offer in the 9^th Round of New Exploration & Licensing Policy (NELP), Government of India is looking for more investment in the Exploration & Production Sector said, Mr Sudhir Bhargava, Additional Secretary, Ministry of Petroleum & Natural Gas at the Interactive Meet on NELP-IX organized by Confederation of Indian Industry (CII).

Mr Bhargava highlighted that Indian sedimentary basins are relatively underexplored. Before NELP, only 11% of total prospective area was explored which is now around 58%. An investment of US$ 16 Billion has been made till the 8^th Round of NELP and we look forward to repeating the same success as before.

Mr S K Srivastava, Director General, Directorate General of Hydrocarbons stated that the area around Andaman & Nicobar islands has potential block sizes ranging from 20 sq km to 100 sq km. He said that there are very few such potential ‘Elephant’ block opportunities available anywhere in the world.

Mr Srivastava emphasised that India offers a huge and growing market for hydrocarbons. For several hydrocarbon companies across the world, finding markets for selling their products is a big concern. India will continue to be an attractive market as demand for oil and gas is expected to grow exponentially.

Mr Sashi Mukundan, Chairman, Core Group on Upstream, CII National Committee on Hydrocarbons & Country Head, BP Group Companies in his welcome remarks stated that India is aggressively pursuing domestic oil and gas exploration and production to meet its burgeoning energy demand. The New Exploration and Licensing Policy (NELP) has been a huge success in this regard and a strategic vision and technological roadmap is required for Indian upstream sector, as we all know that India is endowed with 138 billion barrels of oil and oil equivalent gas. A majority of these are yet to be found and believed to be located in frontier, deep and ultra deep waters, areas which are complex and difficult to access areas.

New Delhi, 9^th March 2011

Neelam Joshi
Media Desk
Confederation of Indian Industry
23, Institutional Area
Lodi Road
New Delhi – 110 003
Mobile: 9810882431

BANGALORE, Karnataka, March 3, 2011. SoftInWay Turbomachinery Solutions Pvt. Ltd., an Indian subsidiary of SoftInWay Inc., proudly announces its second educational event in India – 5-day intensive training on centrifugal compressor fundamentals and design and optimization of turbomachinery with AxSTREAM 3.0. The course will be held in Bangalore, on April 25-29, 2011, and mainly addresses Indian engineers and engineering students interested in enhancing their knowledge of flow path design.

This is quite a new course for the Indian engineering community; the contents for the training was prepared by the industry experts from SoftInWay who have over 30 years of experience in designing flow paths and teaching turbomachinery. It features a comprehensive learning scope, encompassing a thorough theoretical overview of turbine/compressor engineering and numerous practical tasks based on real-life experience and case-studies.

The training is in two parts, the first part, 2-days on centrifugal compressor fundamentals, is meant to improve the design and operation process and includes the basics of thermodynamics, gas dynamics and structural analysis of centrifugal compressors and their elements. The second part, 3-day workshop on turbomachinery design and optimization with AxSTREAM 3.0, covers the whole procedure of flow path design and optimization, from preliminary design to 3D profiling of the impeller and 3D FEA/CFD analysis. To ensure that the workshop participants gain a solid practical understanding of the materials learned, SoftInWay Turbomachinery Solutions grants them a free one-month license to use AxSTREAM software suite (a value of over Rs 450 000/-).

The constant development of the power generation and aerospace sectors of the Indian economy results in more exigent requirements for workforce: today’s engineers are mostly supposed to have industry-focused knowledge and skills beside standard high-school education. And the key goal of SoftInWay Turbomachinery Solutions is to provide Indian engineers with the necessary training to achieve technical excellence and succeed in the highly-competitive environment.

Detailed information about the educational programs by SoftInWay Turbomachinery Solutions is available at http://www.softinway.com/india/education.

About SoftInWay Turbomachinery Solutions

SoftInWay Turbomachinery Solutions Pvt. Ltd., Bangalore, KA, is an Indian subsidiary of SoftInWay Inc., committed to growing the Indian industry by providing innovative engineering solutions. The main areas of expertise are training for mechanical and aerospace engineers, software for conceptual design and optimization of turbomachinery AxSTREAM, and engineering services.

About SoftInWay

SoftInWay Inc. is a USA corporation, headquartered in Burlington, MA. The company’s mission is to serve the high technology community by providing software products and engineering services in the area of research, design and digital prototyping of power generation equipment. SoftInWay develops products for rapid turbomachinery design, provides technical engineering services and uses in-house and industry standard CFD, FEA and CAD tools to address design issues at the earliest possible stage to maximize engineering productivity and increase the efficiency and reliability of equipment. The core product, AxSTREAM, is an integrated solution based on over 400 years of collective turbomachinery experience of SoftInWay engineering team, with the clear goal of bringing to industry a professional software tool for rapid, optimized turbomachinery flow path design.

Abdul Nassar

Technical Director

SoftInWay Turbomachinery Solutions Pvt. Ltd.

262, 6^th Floor, Rajanigandha Garden Apartments, 21, (Near UB City),

Vittal Mallya Road, Bangalore 560001, Karnataka, India

Email: Abdul.Nassar@softinway.com

Mobile:+91 94839 71335 / +91 78996 65737

http://softinway.com/india/

IndiaCo Ventures to Identify Investment Opportunities of Up to INR 2 Crores and Sponsor Cash Prizes for the Winning Clean Energy Businesses at Sankalp Forum 2011

IndiaCo Ventures, Springboard Ventures and GrowVC India have partnered with the Sankalp Forum, scheduled for May 5 & 6, 2011 in Mumbai with the objective of furthering India\\\’s Inclusive Growth agenda.Since 2009, the Sankalp Awards have consistently recognized India\\\’s most sustainable and scalable businesses with the objective of channelizing impact investments their way. Sankalp invites enterprise nominations across five high impact sectors – Agriculture, Food and Rural Businesses; Clean Energy; Health, Water and Sanitation; Education; and Technology for Development. 3S Shramik, Source Pilani, Jaipur Rugs, IL&FS ETS (English Seekho) and Greenlight Planet are Sankalp alumni that have spearheaded impact in their sectors.

\\\”Intellecap was founded in the belief, strengthened since its foundation, that market-led mechanisms have a key role to play in the social sector and in development, especially in geographies like India and Africa. Patient capital enables solutions to the unique challenges of social enterprises, helping to further multiple bottom lines.  Sankalp is Intellecap\\\’s platform to catalyze the investment of such capital into sustainable and scalable social businesses.  Sankalp in the past has brought together over 500 investors and businesses.  This year, we are delighted to be working with IndiaCo Ventures, Springboard Ventures and GrowVC India, to bring this platform to even more sector stakeholders.  We look forward to working with our new partners, and to taking Sankalp – and the impact of the investments catalyzed through Sankalp – to the next level, financially and beyond,\\\” says K. Sree Kumar, CEO, Intellecap, explaining the need and relevance of building an eco-system that facilitates the growth of social businesses through multi-lateral partnerships.

Sankalp is inviting nominations on www.sankalpforum.com from promising businesses for the Sankalp Awards until February 28, 2011. The Awards and Winners Package will be presented at the Sankalp Forum on May 5 & 6, 2011 in Mumbai. Apart from the Awards, Sankalp is also a dynamic that facilitates knowledge exchange, mentorship and capacity building. In 2011 Sankalp will engage stakeholders all year round through forums in India, Africa and USA, workshops, mentoring, and an online networking community.

IndiaCo Ventures, an investment management firm has partnered with Sankalp to identify investment opportunities of up to INR 2 Crores. Their objective is to create positive change through strategic, financial, technological and operational involvement in the enterprise, thus revolutionizing its fundamental parameters. Mr.Rahul Patwardhan, Vice-Chairman and Managing Director will participate as a jury member and panelist in the Clean Energy track. IndiaCo will also reward the winning Clean Energy enterprises with a cash prize.

Satish Kataria, Managing Director of Springboard Ventures will actively participate at Sankalp as a mentor and an investor looking to invest into businesses that can create large-scale change. Mr.Kataria says, \\\”Springboard Ventures is proud to partner with Intellecap for Sankalp and to be part of this dynamic platform to encourage India\\\’s social entrepreneurs. We commend the contribution made by these entrepreneurs in enabling innovation and efficiency in the most remote corners of the country. Unfortunately, in the glamorous world of mainstream sector start-ups – these real do-gooders rarely find the right platforms for funds and other requisite resources. We hope that Grow VC India – the country\\\’s first crowd-funding platform for start-ups, will enable these innovators to scale by engaging with experts and the community at large. We also wish that our country has more \\\’Sankalps\\\’; so that these rural entrepreneurial soldiers can get the recognition and support they deserve for powering the real core of India.\\\”

The Sankalp Forum is organized by Intellecap and is supported by The Rockefeller Foundation, Gray Matters Capital, Atom Technologies, Innovation Social Consultants, Infrasoft Technologies, and NABARD. Sankalp partners include IndiaCo Ventures, Springboard Ventures and GrowVC India, Villgro Innovation Foundation, L-pad, UnLtd India, TiE Mumbai, StartUp, MentorEdge, Centre for Innovation, Incubation and Entrepreneurship at IIMA, HeadStart Ventures, Intellecash& Shell Foundation, Beyond Profit, YourStory

Media registrations are required for access to interviews and panels – To register please send your details to deepti.chadda@intellecap.com or call +91 98333 55994.

Smart grid=smart utilities=happier customers
“In today’s scenario in the Indian utilities, there is a lag in the financial, technical and operational aspects which is leading to unsatisfied customers”, says Loubna Aghzafi, project director of Smart Energy India.  She continues:  “the Smart Grid is the new revolutionary technology which is envisaged as a dynamic link between the Generator and the end user, taking on board the other stake holders like distributers and transmitters.  Smart Energy India serves as an open platform forum where the latest and most effective trends in smart grids are discussed by representatives from implementing utilities across the globe.”

Smart Grid an enabler of renewable energy
“There is no doubt about India’s commitment to renewable energy”, says Smart Energy India’s Loubna Aghzafi.  She continues:  “for Indian utilities to be more efficient and smarter we need the right technology and the smart grid’s “killer application” is renewable energy integration:  in other words, the ability to introduce huge amounts of renewable energy safely and reliably.”

The United States-India Business Council has created a new solar power task force to promote international trade and investment between the two countries in Asia’s budding solar power market.  The Indian government has announced that it aims to shore up the country’s solar power capacity to over 20,000 megawatts by 2022.    Furthermore, the Indian government is currently working to achieve the first 1,100 MW of solar generation by March 2013.

Smart Grid Task Force reports back
The high-level line-up of speakers include a classic cross section of the Ministry of power, governing bodies, regulators, financiers and utility personnel, which will give an all round perspective.  Loubna Aghzafi notes:  “all the speakers at the conference have a rich background in the Indian Power Scenario and are well known for their futuristic view.  We are particularly honoured to have Sam Pitroda, chief of India’s Smart Grid Task Force and Advisor to the Prime Minister on Public Information Infrastructure and Innovation, who will give a detailed update; provide more insight into the organisation’s roles and responsibilities, and milestones for the future.”

More top level local energy experts who will address Smart Energy India 2011 include:

• Devender Singh, Joint Secretary, Ministry of Power
• Gopal K. Saxena, Chief Executive, BSES Rajdhani Power Ltd
• Arup Ghosh, Chief Operating Officer, North Delhi Power Ltd
• Alok Gupta, Chief Engineer, Central Electricity Authority
• K Venugopal, Member, Tamil Nadu Electricity Regulatory Commission
• V L Sonawane, Member, Maharashtra Electricity Regulatory Commission
• S R Sethi, Member, Delhi Electricity Regulatory Commission
• Rajesh Bansal, Chief of Meter Management and Energy Audit, BSES
• Arunabha Basu, Vice President and Head (Technology), North Delhi Power Limited
• Rahul Tongia, Program Director, CSTEP, and Senior Advisor, India Smart Grid Forum
• R K Goyal, Director, Tetra Tech

Conference dates and location:
Conference:  1-2 February 2011, Workshop:  31 January;  The Lalit, New Delhi, India.

For more information, interviews and media accreditation:
Communications manager:  Annemarie Roodbol
Tel.  +27 21 700 3558
Fax.  +27 21 700 3501
Mobile: +27 82 562 7844
Email:  annemarie.roodbol@clarionevents.com

For more information on Smart Energy India 2011 conference and exhibition, go to:  www.smartenergy-india.com

Simplex Infrastructures Ltd forays into Independent Power Transmission. Bags the project to establish 765 KV Transmission System Associated with Krishnapattanam Ultra Mega Power Plant in Consortium with M/s Patel Engineering  Ltd & B S Transcomm Ltd.

New Delhi, December 22, 2010: Simplex Infrastructure Ltd, a leading Infrastructure company has announced today that it has successfully bid and bagged the project from REC Transmission Projects Company Ltd through a Tariff based competitive bidding on Build-Operate-Own-Maintain (BOOM) basis for establishment of 765 KV Transmission system associated with Krishnapattanam Ultra Mega Power Plant.

This transmission system project is for the execution on of the synchronous interconnection between the southern region and western region spanning 210 kms from Raichur to Sholapur for a period of 38 years. The project is bagged by the consortium of Simplex Infrastructures Ltd, BS TransComm Ltd & Patel Engineering Limited. The estimated cost of the project is around Rs 300 Crores and the completion of the project is by December 2013 and the operation period is for 35 years.

Simplex Infrastructures specializes in Infrastructural Projects, Power Plants, Transmission Lines, Electrical Distribution, Roads and Flyovers, Bridges & Highways , Multi storied Buildings and Housing Complexes, Cross country Pipe lines, Water Supply Schemes and Sewerage projects.

For further information contact:-

Neha Khatter

Image Inc.

2nd Floor, 15 – Community Centre,

East of Kailash. New Delhi - 65

Boardline – 011 46523456

Handphone - 09810574249

Fax – 011 26410667 – 68

Alternate id - neha.khatter@gmail.com

Given continuing uncertainties with regard to supplies, Energy security has emerged as a matter of priority and concern for India. Acquisition of energy assets overseas and diversification of oil and gas supply base therefore, assume greater urgency. This was stressed at the CII organised Round Table Session on Overseas Energy Assets Acquisition on 22^nd December at New Delhi.

Though India has achieved some success on this front however it urgently requires a value added strategic and competitive roadmap towards acquisition of overseas energy assets and in this background a CII study on “Energy Assets Acquisition: A Comparative Analysis of India and China Policy”, was released and discussed at this Round Table Session.

While releasing the CII Study, Dr. Kirit Parikh, Chairman, IRADe highlighted some of the key risks – these included supply side risks, price risks and technical risks. However, these risks as well as resource nationalism can be minimized to a large extent by owning resources in different countries. There should be an integrated approach for Energy Security, he emphasised.

Mr. Vivek Kumar, Joint Secretary, Ministry of Petroleum & Natural Gas; and, Mr. Prabhat Kumar, Joint Secretary, Ministry of External Affairs, also addressed the Roundtable and highlighted issues like demand & supply gaps of energy resources, strengthening competitiveness of Indian companies, sovereign fund, improvement in energy mix, etc.

Mr. G C Saxena, ED, ONGC Videsh Ltd. emphasized on world energy demand that is expected to expand by 45% between now and 2030 with an average rate of increase by 1.6%. He emphasized on building a national strategy for company acquisition, venture into unconventional assets and frontiers unexplored areas.

The CII Study has highlighted that the Chinese companies spent a record US $ 32 billion in 2009-10 for acquiring energy assets overseas versus India’s single US $ 2.1 billion investment by ONGC for the same period. India produced 8.8 million tonnes of oil and gas from its overseas assets in comparison to China’s production of 800 million barrels of oil and gas from its overseas assets for the same period. India is also facing an uneven contest to close the gap with China, which is dipping into US $ 2.5 trillion of foreign currency reserves to buy stakes in oil and natural gas fields, compared with India’s US $ 250 billion in for in foreign exchange reserves.

The CII Study therefore recommends that India needs to engage energy rich countries in a very strategic manner backed by its energy diplomacy and foreign policy for ensuring continuous availability of commercial energy at competitive prices to support economic growth. To enhance the success rate of Indian companies for overseas energy acquisition the CII study has come out with some comprehensive recommendations which can be reference point for policy makers.

Key recommendations of the study are: (i) Greater autonomy to Indian PSUs – creation of a core team and a well defined strategy for timely decision and fund allocation to acquire energy assets overseas,  (ii) Sovereign energy fund for financial support to Indian companies – providing much needed confidence to compete in the global oil and gas asset market, (iii) Domestic Joint Venture for overseas investments to create financial leverages required to successfully bid for overseas investments, (iv) Promotion of private companies to enhance energy acquisition to expand India’s competitiveness in international arena, (v) Capacity building in resource rich countries by creation of a sound oil and gas infrastructure, and (vi) Energy diplomacy through deepening political exchanges as well as economic & commercial linkages with energy surplus countries.

Other recommendations are – Joint ventures with international majors; Acquiring Assets in energy rich neighbouring countries; Two imports and one export strategy; Leveraging concessional line of credit & technical assistance; and need to build a comprehensive research set up for timely and positive beneficial decision.

New Delhi

21^st December 2010

Annex: CII Recommendations on Overseas Energy Acquisition

India‘s Acquisition for Overseas Energy Assets

Recommendations

1. Greater Autonomy to Indian PSUs: There must be a core team and a well defined strategy in place for timely decision and fund allocation to acquire energy assets overseas.

· A single window clearance / approval system may be put in place for government approvals for acquisition of overseas energy assets.

· Depending upon the magnitude of investment, nature of asset, geographical location etc., MoP&NG may classify energy assets for acquisition by PSUs depending on their inherent strengths, core competencies, presence and exposure.

· PSUs may also be allowed to form consortium with PSUs and private companies from other sectors, as per requirement, in specific cases.

2. Sovereign energy fund: An enriched sovereign energy fund should be created to provide financial backing for Indian companies looking to acquire oil and gas assets abroad. Besides easy financing, it would also provide much-needed confidence to compete in the global oil and gas asset market. Financing for acquisition of oil and gas assets may be carried out by the PSUs through their own resources, as far as possible. However, sovereign funds could be used to commit additional strategic investments, say, towards infrastructure/social development.

3. Domestic Joint Ventures: Public- private partnership and domestic energy companies should be permitted to enter into joint ventures to create the financial leverages required to successfully bid for overseas investments.

4. Capacity building: capacity buildings have become necessary part of energy deals. Local state companies should be made stakeholder. Tapping into energy resources in countries that do not have sound oil and gas infrastructure and helping them establish their own energy industries will bring about a win-win situation where both are able to share the benefits.

5. Energy diplomacy: Energy diplomacy also functions as an important boost for adopting the going out strategy, an important part of the national development strategy such a way to create a favourable international operating environment for energy enterprises and to strongly encourage other enterprises to develop international markets, increase sales of commodities, undertake engineering projects and to promote the advancement of the technology and engaging in joint research and development. Ministry of External Affairs should pay greater attention to deepening political exchanges, as well as strengthening of economic and commercial linkages with energy surplus countries. Sustained diplomatic Intervention and follow-up with foreign governments with regard to efforts by our corporates both in the public sector and private sector, to acquire energy assets overseas is required.

6. Joint venture with international majors: Many producing nation prefer to draw on the expertise of the western majors. Even Indian PSus have developed a strategy of international cooperation with energy majors the most advanced being with Shell, ENI and BG. The concept is that the majors gain some access to India’s market in exchange for cooperation elsewhere. However, as long as the Indian downstream market remains fairly closed to foreign companies, such broad cooperation agreements are unlikely to generate massive overseas investment opportunities for Indian PSUs on a reciprocal basis.

7. Leveraging our LOCs: Energy surplus countries are increasingly beginning to leverage their resources for promoting infrastructure development in their countries and it would be important for us to not only pay attention to developing more intensive political contacts with those countries through high level exchanges but also to encourage Indian companies to secure greater involvement in capacity-building and infrastructure development in those countries. To facilitate this task, we should be prepared to leverage more effectively the instrumentalities available to us, namely, concessional lines of credit and technical assistance.

8. Two imports and one export strategy: Pursuing a strategy called “two imports and one exports” to strengthen its energy ties with energy producing country is an important tool to acquire overseas energy assets. The “two imports” refer to oil imports and capital to invest in the development of India’s oil industry. The “one export” refers to India’s investment in oil exploration and development projects in energy producing country.

9. Comprehensive research: Despite gaining some expertise, some of the PSUs do not have a comprehensive set-up or database to assess targeted assets, with the result that India ends up acquiring blocks that are in the very high risk category. Neither are the exploration blocks acquired in the bidding round examined in depth due to shortage of time available thanks to lack of adequate research of the area. Therefore a Comprehensive Research set up should be developed to take timely and positive beneficial decision.

10. Risk bearing and go out strategy: Recognizing the domination of international oil companies India should take initiatives where competition is minimal even if that means a high risk. The risk factor may be managed by soliciting strategic support from the government of the host countries. The government in turn should be insured by financial assistance and investments. Thus state backed finance deals have been crucial in oil deals.

Neelam Joshi

Media Desk

Confederation of Indian Industry

23, Institutional Area

Lodi Road

New Delhi – 110 003

Mobile: 9810882431