Business Daily from THE HINDU group of publications
Friday, Jun 26, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, Jun 26, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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Technology Unclear standards, cost brake Volvo’s ‘green’ moves Volvo introduced L220 hybrid wheel loader in world markets last April 
Our Bureau Bangalore, June 25 Volvo is keen to test its ‘green technology’ in India but is constrained by the infrastructure sector not evolving clear standards for emission control and the prohibitive cost of the hybrid power equipment it had launched globally. Volvo introduced L220 hybrid wheel loader in world markets last April. The diesel engine used in the loader is supported by an electric motor that rationalises fuel consumption by 10 per cent compared to a normal fuel-efficient all-diesel model. The ‘hybrid power’, while rationalising fuel consumption, helps increase productivity with the electric motor kicking in during loading operations. It is too early to take a view on bringing the loader to India, said Mr Mrityunjaya Singh, Managing Director, Volvo India Pvt. Ltd. Though it was heartening to hear of concern for ecology and clean environment gathering momentum, capacity building for specialised environment technology would have to be carefully weighed before a viable eco-system is put in place. Lack of regulatory norms for emission and limitations of application of hybrid technologies in the infrastructure sector could inhibit its suitability in the near term in India, Mr Mrityunjaya said. But, he added, the Government’s intentions on increasing investments in infrastructure had opened several opportunities for introduction of `green technology’ in the inherently polluting sectors such as mining. Mr Singh said Volvo was ahead on conforming to Bharat Stage III norms, mandatory by 2011 for construction equipment. Volvo Trucks expects India sales to buck global trend Volvo to temporarily shut down chassis plant More Stories on : Technology | Environment | HCV/LCV/Tractors
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