Financial Daily from THE HINDU group of publications
Wednesday, Jul 14, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Environment


Kalam to inaugurate Green Business Centre today

Our Bureau


GETTING SET: Sniffer dogs checking the premises of CII-Sohrabji Green Business Centre in Hyderabad on Wednesday morning. The President, Dr A.P.J. Abdul Kalam, will formally inaugurate the Centre on Thursday. - A. Roy Chowdhury

Hyderabad , July 13

THE President, Dr A.P.J. Abdul Kalam, will formally inaugurate the Rs 10-crore CII-Sohrabji Green Business Centre here on Wednesday.

Set up jointly by the State Government, the house of Godrej, CII and USAID, the GBC promotes green building activity. "We would like to set off a green revolution of green buildings," Mr Jamshyd N. Godrej, Chairman of GBC, told newspersons here on Tuesday. He said the Centre would popularise the concept of green buildings not just in India but also in Asia and added that Singapore had shown interest.

Refuting the claims that green buildings are not viable, Mr Godrej said they cost just 15 per cent more. "But the payback period is just three to four years. In fact, it doesn't need any subsidies. It is viable for everyone," he said.

The GBC, with a Platinum LEED (Leadership in Energy and Environment Design) rating, is the greenest building in the world as yet. Incidentally, it is the first building outside the US to get a Platinum rating.

Citing the US example where some States made it mandatory for all upcoming Government buildings to be LEED certified, Mr Godrej said the Government here too should take the lead.

On its part, the GBC would encourage corporates to go for green buildings and train architects, engineers and builders in various aspects related to green buildings.

The GBC's initial focus will be on paper, chemical, engineering and pharmaceuticals. "Our objective is to see five units to achieve green status and five more to become world class energy efficient units by the end of 2005," he said.

ITC Bhadrachalam, Madras Cements and Lanco Power are among the eight companies striving for the LEED certification. Stating that 1,000 CEOs had committed themselves to the green movement, he said the potential for green buildings by 2007 had been pegged at Rs 1,000 crore. "Our vision is to become a world leader in green business by 2015," Mr Godrej said.

In his presentation, Mr Godrej showcased various energy efficient attributes of GBC, shaped to model the green building concept.

More Stories on : Environment | Andhra Pradesh

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



Stories in this Section
Low-pressure holds key to monsoon revival


Grasim to cut output on monsoon delay
Bio-diesel plantation in RangaReddy dist
Car sales up 25 pc in June
Brokers propose income-based transaction tax
Response to day traders' strike call lukewarm
Service tax on commodity futures — Govt may get Rs 120 cr from broking fees
Budget proposal to help value-added chicken units
Rumblings in shipping sector over tonnage tax clause
Hyderabad Goods transporters oppose service tax
`Indians have optimistic attitude towards retirement'
Kalam to inaugurate Green Business Centre today
Paving the way for dust-free Ahmedabad
Bilateral trade with China may touch $10 b this year
Victorian team holds talks with Industry Minister
Kick-start for rural hospitals a non-starter?
Rare immuno therapy for bone marrow
Aid for convention centre in Kerala
Petroleum products sales flat in June
Oil cos asked to work out subsidised diesel scheme for farmers
Ranbaxy tops in image recall: Study
Rs 200-cr monsoon bonanza for KSEB
Bidadi gas supply bidders told to match NTPC stations' terms
DEPB benefits restored for steel items
India, Bangladesh to boost ties in textile sector
Punjab issue: PM calls CMs for meet on water dispute
Govt defends leaving cigarette customs duty unchanged
Budget brings relief to cosmetics, shampoo cos
FM transmitters for Kerala
Metropolis ropes in hospitals to tap global clinical trials business
Decision on EPF interest rate deferred again
Govt urged to sort out ambiguities in patents Bill
Global Malayalee meet in Bahrain from Aug 18-21
TCS retains top slot in software, service exports
Fake document scam busted in Kadapa



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 © 2004, 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