Business Daily from THE HINDU group of publications Wednesday, Feb 21, 2007 ePaper |
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Airlines Industry & Economy - Environment Corporate - Alliances & Joint Ventures GE, Air India enter pact for eco-friendly engines Our Bureau
`GREEN' DRIVE: (From left) Mr John Rice, Vice-Chairman, GE, & President & CEO, GE Infrastructure, Ms Lorraine Bolsinger, Vice-President, Ecomagination, Mr V. Thulasidas, Chairman, Air India, Mr Scott R. Bayman, President & CEO, GE India, and Mr Kamal Meattle, Partner, Eco Trust Capital, Paharpur Business Centre, after signing an MoU in the Capital on Tuesday. Kamal Narang
According to the MoU, GE would be delivering aircraft engines from its ecomagination portfolio, including GE-90-115B engines for the Boeing 777-303 Ers and the Genx engines for the Boeing 787-800 aircraft ordered by Air India. Apart from aircraft engines, GE would partner Air India to convert its headquarters into a green building through eco-friendly technologies and provide in-flight content and through a co-branded credit card. After signing the MoU, the Chairman and Managing Director of Air India, Mr V. Thulasidas, told newspersons that the new engines being sourced from GE would be around 15 per cent more fuel efficient compared to the existing engines. In addition, GE and Air India are in talks to jointly set up a maintenance, repair and overall (MRO) facility, he added.
HTP project
GE also signed a MoU on Tuesday for a green building project with Haryana Technology Park (HTP). HTP is an integrated IT park supported by Paharpur Business Centre and & Software Technology Incubator Park. According to the MoU, GE India and HTP will collaborate in a number of initiatives to create green building projects of world standards specifically in the areas of utility services such as power generation and distribution, lighting, water treatment, security and sensing equipment.
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