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announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in SriLanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). The Government of SriLanka granted the company’s wholly owned subsidiary Sarcon Development (Pvt) Ltd.
The facility will be purely focused on algae for the production of transport fuels. Last month Algae.Tec signed a biofuels MOU with the European airline Lufthansa, and announced a biofuels production and carbon capture deal with the SriLanka subsidiary of industrial giant Holcim, the world’s largest cement and building materials company.
Axial Vector Energy Corporation (AVEC) and Kirloskar Oil Engines (KOEL) have signed a binding memorandum of understanding (MOU) for a joint venture for the mass production of the Axial Vector axial-type, multi-fuel engines ( earlier post ). Click to enlarge. engine and 100 kW generator—in 2009.
Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.
By reducing waste, increasing productivity and improving safety, smart manufacturing technologies can help manufacturers to be both more productive and more sustainable. Together, we aim to drive innovation, productivity, and sustainability in the local manufacturing industry.
Prevail Electric Mobility, an affiliate of French lubricants firm FRVelion, would build up an additional production plant in India for electric two-wheelers to fulfill demand in the nation as well as cater to the Nepal and Sri Lankan markets according to a top business official. . Plans Expansion Before Launching.
Wardwizard Innovations & Mobility, a manufacturer of electric two-wheelers under the brand ‘Joy e-bike’ and three-wheelers under the brand ‘Joy e-rik’ in India, is expanding its product offerings while exploring next-generation technology. While the industry is progressing, cost competition from established players like China persists.
(AA-T) and AISIN Automotive Haryana Private Limited (AHL), to market and sell the auto components in independent aftermarket for passenger car products. With this collaboration, both the companies endeavour to expand their footprints across India, Nepal, SriLanka and Bangladesh for Independent Aftermarket (IAM) of passenger car products.
New Delhi: Pavna Industries , which recently bagged an order from Ola Electric for supply of ignition switches and latches, is commissioning a new plant at Hosur in Tamil Nadu. Right now, Pavna Industries supplies these parts from its decades-old Aligarh plant in Uttar Pradesh.
The growth in the domestic tractor industry is likely to be flattish on a year-on-year basis, according to India’s third-largest tractor maker Sonalika. Can you throw some light on how the year 2023 has been for the tractor from an industry perspective? India is now the biggest tractor industry globally. percent decline.
Digg Facebook Reddit more… Print Reprints & permissions Related Items From The Economist Two-wheelers take over Nov 13th 2008 Bicycle production Sep 22nd 2008 Electric bikes in China Aug 13th 2008 More. View all comments (23) Add your comment Comment (23) Recommend (20) E-mail Share Del.icio.us Exchange ideas in the boardroom.
Only a handful of countries mine graphite and even fewer refine the mineral enough to be used in batteries and other products. With few producers in the graphite industry, graphite consumers enter into long-term bilateral supply agreements with little transparency on prices. Graphite and the Inflation Reduction Act.
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