"We require eight million cubic metres for overall expansion which is almost half the gas available at Panna-Mukta-Tapi. At present, for the 655 mw, we are using three million cubic metres a day," said Rajiv Mishra, managing director of CLP Power India, which is a 100 per cent subsidiary of the Hong Kong-based CLP Group. The company had received the required environment clearance from the Gujarat Pollution Control Board in 2007.
A senior RIL executive confirmed this development, but refused to divulge further details. "There has been some research on producing ethanol from jethropa. However, the tests have not been confirmed," said a scientist who has been working with the Gujarat state government for studying crops in Kutch. Another view by the industry experts is that the sugar industry in South Gujarat is not finding enough takers for the ethanol produced.
Ahmedabad-based Malibu Plastica, a manufacturer of polycarbonate plastic sheets, is working on redesigning the metal tops of post boxes, which would make it rust-free and weather resistant. This is the first time such a project has been undertaken.
Shell India is the second private sector petroleum company to review its expansion plans in India. The company has decided not to open any more petroleum outlets. The company has also asked some of its employees to start looking for another job. Shell has 50 petrol pumps across the country and has a licence to open 2,000 pumps.
Five school students got together to create a car out of scraps for just Rs 11,000. They spent two years sifting through scrapyards to find appropriate material for the car.
"The tie-up with the ASE could either be an equity partnership or a technology tie-up, or both. The regulatory bodies have to clear the proposal and we also need approval from our members first," a top ASE official said on conditions of anonymity.
ASE Capital Markets, a subsidiary of The Ahmedabad Stock Exchange, the second oldest bourse in India, is selling a part of its holding in the Bombay Stock Exchange -- the second time in less than 12 months.
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