Financial Daily from THE HINDU group of publications
Wednesday, Oct 01, 2003
Financial Daily from THE HINDU group of publications Wednesday, Oct 01, 2003 |
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Corporate
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Diversification Exide gears for foray into rural electrification Our Bureau
Kolkata , Sept. 30 EXIDE Industries Ltd is gearing up to make an entry into the area of rural electrification by being a technology provider. It also plans to utilise its distribution network to emerge as a rural technology service provider. There are about 20,000 remote villages in the country where it is difficult for putting in place the conventional electricity. These villages are proposed to be covered by solar or wind energy. A company release said that EIL has already made inroads in the area of renewable energy systems and has in place infrastructure and personnel for design, manufacture, assembly installation and after-sales service for all types of solar photovoltaic and wind power projects. Within West Bengal, EIL and the West Bengal Renewable Energy Development Agency (WBREDA) have together worked on a number of projects in the non-conventional energy sector. A zero-emission battery-powered ambulance developed by EIL has been donated to the state-run SSKM hospital by WBREDA. The release said that the electric ambulance was the latest in the series of `innovative projects' handled jointly by EIL and WBREDA. Among the other projects in which these two agencies have joined hands is hybrid power system at Sagar Island, Sundarbans.
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