A delegation of entrepreneurs from India and the US on Tuesday decided to work together in energy and environmental technology sector with emphasis on low-cost energy efficient fuel to mitigate climate change threats. Mr Prodipto Ghosh, member of PM’s Council on climate change and Ficci chairman, said there was a huge potential in Indian waste recycling industry, which has helped in a significant way in reducing greenhouse gas emission. Mr Ghosh said that major energy using sectors have become more efficient over the past 20 years.
Mr K.G. Duleep, managing director of transportation, energy and environmental analysis emphasised on promotion of new "mild" hybrid technology for the transport sector. "New mild hybrid technology concept is very useful for typical Indian driving conditions where congestion is very high," he said. The participants also took the opportunity to express their unhappiness over subsidising the power sector. Mr Phiroze J. Nagarvala, country manager, Bechtel Group questioned the Centre’s role in giving farmers subsidy in the power sector and called for sustainable development.
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Wednesday, September 12, 2007
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