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Johnson Controls May Seek to Build Solar-Power Plants in India

Johnson Controls Inc. (JCI), a U.S. developer of energy-saving technology and hybrid car batteries, may seek to enter India’s solar industry as a plant contractor.

“We think there’s a tremendous opportunity” to engineer, build and operate plants for project developers, Pramoda Karkal, managing director at Milwaukee, Wisconsin-based company’s Indian unit, said in an interview in Mumbai.

India has awarded licenses to build at least 1,100 megawatts of solar capacity by next January, roughly equivalent to one new nuclear power plant and about 30 times what exists today. Companies are racing to line up financing and contractors for projects to meet their deadlines.

Within 20 years, India’s solar sector could create a $50 billion market and rival China’s, Karkal estimated.

“There are thousands and thousands of remote villages in India without a connection to the electricity grid,” he said. “Rather than laying miles of copper lines, it’s cheaper to build a solar plant. That’s why solar will take off quickly here.”

Johnson Controls had global sales of $12.8 billion last year installing equipment and controls for air-conditioning, heating, refrigeration and other processes that allow buildings to reduce energy consumption. The systems it has installed since 2000 have saved $7.5 billion in operating costs, the company estimates.

India is trying to pass legislation that would restrict the energy consumed by commercial buildings. If successful, that could create a $500 million market within five years for services in Asia’s third-largest energy consumer, Karkal said.

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YIE-MEET-Hyderabad, Bhubaneswar and other updates

YIE-Meet-Hyderabad, 12th June 201, 2:00 PM -6:00PM

Young Indian Entrepreneurs (YIE) is organizing YIE-meet on 12th June 2011,2:00 PM -6:00PM in Hyderabad. We invite you to the aforesaid event,it’s really a good opportunity to connect with fellow members

.There is NO registration FEE to participate in this meet.

Date & Time: ——————- On 12 June 2011 Sunday. 2:00PM to 6:00PM

Venue: ————– Telugu University Public Gardens Nampally Hyderabad-500 004 Andhra Pradesh

Registration (Free): —————————– It’s free to participate.

Follow the link to book your seat now : http://www.yielive.com/1/events/page_reg.aspx Or you can just walk-in.

Agenda: ————– For details follow the link: http://www.yielive.com/1/events/page_agenda.aspx

If you are interested to know about sponsorship details, please write a mail:sponsors@yielive.com Thank you and best regards vizai G Young Indian Entrepreneurs ( YIE ) http://www.yie.in ************************************************************************************************************** Upcoming Events ************************************************************************************************************** ===============================================

YIE-Meet-Bhubaneswar

===============================================

We are planning to conduct YIE-meet-Bhubaneswar in collaboration with KIIT-TBI (www.kiitincubator). We will share the full details soon; meanwhile we would like to know if you are interested to deliver a talk during this YIE-meet-Bhubaneswar. We also provide Air fare and guest house facility for speakers. If you are interested in speaker opportunity,please send a mail to: vinit@yielive.com ===============================================

INDO KOREA CONNECT 2011,Chennai An International Business Summit and Trade Fair ===============================================

24 – 25 June 2011, 9:00 AM – 6:00 PM at Taj Coromandel, Chennai Owing to the Comprehensive Economic partnership agreement signed between India and South Korean a world of opportunities is headed our way. From JV’s and collaborations to business partnerships and service contracts. IKC is the perfect platform to explore it all. So come on board. Special arrangements for budding Entrepreneur’s and young companies.

Delegate Registration : ———————————- Individual: Rs 4,750/-,

*Exclusive concession for YIE Members: Rs 3,750/-

Corporate: Rs 20,750 (4 Persons) Please send a mail to ikc@yielive.com for enquiries.

For more details: http://indokoreaconnect.com

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YOUNG INDIAN ENTREPRENEURS : YIE-Meet Hyderabad – Agenda

Agenda of YIE-Meet Hyderabad.

Date & Time: 12th June 2011(Sunday), 2:00PM to 6:00PM.

There is no registration fee.It’s free to participate in this meet.

Agenda
——–
1. Key Success factors for entrepreneurs and how to avoid the common mistakes
by Mr.VVSSB Shankar Mentor at www.i-lend.in
Past: CEO at VTX Industries Limited,Sr.Vice President at TVS Electronics

2. Andhra Pradesh ICT Policy (Govt. of A.P)
by Mr.S.Shawket Hussain Madani
Deputy.Director – Promotion,Information Technology and Communications Department,Govt. of A.P

3. Wellness & Fitness management for the young leaders
by Mr.Nadeem Uddin (International Hockey Player)

4. Real and Perennial health care Business Model in CSAMM
(Community Supported Agricultural marketing model)
by Mr.Raghava Charyulu ,TGK Green Energy Pvt Ltd

5. The entrepreneur ecosystem,.the opportunities and challenges
By Mr.Vikas Singh,President and Founding Director at Crux Management Services P Ltd.

6. Social enterprises: Opportunities,Prospects and challenges in India
by Sirisha Peri (Recent graduate student from Cambridge University,U.K)

Duration of each session will be 30min(max).We will share the detailed time-lines for each session in next mail.

More details: http://www.yielive.com/1/events/page_agenda.aspx

Venue
———–
Potti Sriramulu Telugu University
Public Gardens
Nampally
Hyderabad-500 004
Andhra Pradesh

If you are interested to know sponsorship details, please write a mail: vizai@yielive.com

Going forward, we will make a plan to conduct similar kind of meets in other locations in India.

Thank you.

Warm Regards
vizai G
Young Indian Entrepreneurs (www.yie.in)
info@yielive.com

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