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Mahindra commits to become carbon neutral company by 2040

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Mahindra

San Francisco, Sep 14: Mahindra & Mahindra, India’s leading manufacturer of utility vehicles and part of the $20.7 billion Mahindra Group, on Thursday announced its commitment to become a carbon neutral company by 2040.

For this, the company will be working with Environmental Defense Fund (EDF) to meet its carbon neutrality commitment.

Mahindra & Mahindra will focus on energy efficiency and the use of renewable power to achieve this target. Residual emissions will be addressed through carbon sinks, the company said.

“We are doing our part in the global fight against climate change with this ambitious new target. Mahindra will leverage the latest technological advances and its recently announced carbon price to work towards being carbon neutral by 2040,” Mahindra Group Chairman Anand Mahindra said.

He is in this California city to co-chair the Global Climate Action Summit (GCAS) that aims to encourage all stakeholders to raise their ambition with many new possibilities emerging out of the discussions.

Mahindra & Mahindra was the first company in the world to commit to doubling energy productivity by signing on to The Climate Group’s program EP100.

“We have already seen remarkable value in reducing emissions through the EP100 program which aims to double energy productivity in our main businesses — auto, farm equipment and holiday resorts,” Mahindra told IANS.

He said science-based targets are a way of ensuring that ambition is stepped up and action is aligned to the target set by the 2015 Paris Climate Change Agreement.

Using energy efficient lighting, efficient heating, ventilation, and air conditioning, motors and heat recovery projects, Mahindra & Mahindra has doubled the energy productivity of the automotive business almost 12 years ahead of schedule, the company said.

The farm equipment business is also ahead of schedule in achieving its goal and is more than half-way there, it said.

The company was also the first Indian company to announce its internal carbon price of $10 per ton of carbon emitted to fund investments required to pursue the path of carbon neutrality.

The price was carefully arrived at on the basis of international benchmarks and an assessment of what was required to achieve the goals set by the business on energy efficiency and renewable energy.

The company has more than 10 years of experience in creating carbon sinks. It looks forward to using this experience to deal with residual emissions in a manner that is world class and follows the best established protocols.

The company is also a signatory of the science-based targets initiative which provides companies with a clear pathway for reducing emissions in line with the Paris Agreement’s goal of limiting global warming to well below two degrees Celsius above pre-industrial levels. All these commitments are helping the company on its path to go carbon neutral.

“By pledging to reach carbon neutrality in its operations, Mahindra is sending a clear message that investment in climate-smart growth is good for business. This commitment can unlock collaboration, innovation, and results,” Senior Director for Global Climate at Environmental Defense Fund (EDF) Richie Ahuja told IANS.

The EDF is a leading international nonprofit organization, creates transformational solutions to the most serious environmental problems.

IANS

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Northern Railway gets its first high speed locomotive

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INDIAN RAILWAYS LOCOMOTIVE CLASS WAP5

New Delhi, Nov 6 (IANS) The Northern Railway on Tuesday received its first aerodynamically designed passenger electric locomotive capable of running at 200 kmph, an official said.

“The first aerodynamically designed three-phase WAP-5 passenger electric locomotive built by the Chittaranjan Locomotive Works has been introduced in service in Northern Railway today,” a senior rail official told IANS.

The official said the new locomotive comes with improved aerodynamics and has an ergonomic design, which also takes care of the driver’s comfort and safety.

The new locomotive will be used to power premium trains like Rajdhani Express, Gatiman Express, and Shatabdi Express, which would slash the travel time for these trains, the official said.

“The new locomotive front design has a more aerodynamic shape to reduce drag at higher speeds. And the revamped suspension system would ensure that there are no undue vibrations due to air drag and the train is dynamically stable even at speeds of 200 kmph.”

The WAP-5 variant, with 5,400 HP of power, is energy efficient and stable for high speed operations. It has also been provided with Crew Voice and Video Recording System (CVVRS) for on-board driving data recording and analysis.

“Cameras with microphones have been installed at the critical positions inside and outside the locomotive to record the voice and audio signals for post-event analysis with data storing facilities,” the official said.

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Tata Motors rolls out its first SUV ‘Harrier’

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Tata

Mumbai, Oct 30 : Automobile major Tata Motors on Tuesday announced the roll-out of its first SUV “Harrier” from its all-new manufacturing line.

“Tata Harrier needed a completely new approach to product development and manufacturing processes,” the company said in a statement.

“The completely new world-class assembly line has been built in a record time of six months with the best manufacturing practices adopted from Jaguar Land Rover. It boasts of 90 per cent automation levels with over 100+ ‘KUKA and ABB’ robots.”

The five-seater monocoque SUV is engineered on the new generation “Optimal Modular Efficient Global Advanced” architecture, which is derived from Land Rover “D8” architecture and developed in collaboration with Jaguar Land Rover.

Tata Motors plans to the launch the SUV early 2019.

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Local manufacturing of Jaguar’s petrol ‘F-PACE’ commenced

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Jaguar F-Pace petrol

Mumbai, Oct 30 (IANS) Luxury automobile manufacturer Jaguar Land Rover India (JLRIL) has commenced the local manufacturing of petrol powered Jaguar’s SUV “F-PACE”, priced at Rs 63.17 lakh (ex-showroom).

“In the two years since its launch in India, the Jaguar ‘F-PACE’ has captivated the imagination of Jaguar fans and our discerning customers,” Rohit Suri, President and Managing Director, JLRIL was quoted as saying in a statement.

“With the launch of the locally manufactured Ingenium petrol derivative of the ‘F-PACE’, the appeal of our first Jaguar SUV is further enhanced,” it added.

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