2012-Feb

• New service to Turkey

  Genoa – This morning, 16th February 2012, the President of Genoa Port Authority Luigi Merlo has welcomed the container ship Wybelsum, which called for the first time at Terminal San Giorgio inaugurating the new weekly service Marmara Sea between the Port of Genoa and Turkey. Attending the ceremony were Paolo Cornetto, Country Manager of Seago Italia, the managers of Terminal San Giorgio and President Merlo, who gave the coat of arms of the Port of Genoa to the Captain of the ship.

• Partnership in Turkey Announced

  A new era in Turkish maritime commerce was begun as representatives of Turkey’s Petkim Petrokimya Holding A.Ş. ("Petkim"), a major Turkish Petrochemical company; Petlim Limancılık A.Ş. (“Petlim”), a Petkim subsidiary; and APM Terminals signed a Heads of Terms agreement outlining the key principles of a contract agreement for the operation of the Port of Petkim, in Aliağa, near the Port of Izmir on Turkey’s Aegean coast. Preliminary plans call for the construction of a large deep-water container and general cargo facility with an initial capacity of 1.5 million TEUs, and capable of handling vessels of over 10,000 TEU capacity, by 2013. General cargo operations are expected to begin by the end of 2012.

• French auto manufacturer Renault plans to invest USD 254 million in its production facilities in Turkey

  French auto manufacturer Renault plans to invest USD 254 million in its production facilities in Turkey with over USD 100 million to be channeled into manufacturing engines and transmission elements. One of the leading producers of passenger vehicles in Turkey, the company is also considering adding a light commercial vehicle (LCV) to its production line. Partnered by Oyak Holding in Turkey, Renault’s plans for 2012 involve starting the production of the new supermini Clio 4 and revamped Megane 3 hatchback in its Bursa facility, the company’s second largest plant in the world with a production capacity of 360,000 vehicles per year.

• Port of Petkim will reach 1.5 Million TEU’s

  Petkim Petrochemical Holding they are investing 400 milyon dollar and the 3rd generation ships will come to this port and the Port of Petkim will have a 1.5 Million TEU Container Capacity.

• BIAL team meets CM on expansion plans

  Speaking to reporters after the meeting, Sadananda Gowda said the officials promised him that the expanded T1 would be inaugurated by March 2013. “They assured us that within one year from now, all the work regarding expansion of terminal will be completed,” he said.

• Priority to Green Projects by Government of Maharashtra

  Government of Maharashtra has embarked upon boosting green and environment friendly industrial projects in the State, said Mrs Valsa Nair Singh, IAS, Secretary – Environment, Government of Maharashtra

• GDF Suez launches 100 MW in wind farm projects in Romania, Poland

  GDF SUEZ continues to expand wind energy launching 100 MW of wind farm projects in Romania and Poland. GDF SUEZ is set to develop two new wind power plants, a 48 MW wind farm in Romania and 51 MW wind farm in Poland. These wind turbines projects are concrete illustrations of the Group's strategy.

• Spain’s Taiga Mistral Buys 40-Megawatt Wind Farm in Poland

  Taiga Mistral, a Spanish private equity fund focused on renewable energy, bought a wind project in northern Poland that will cost about 90 million euros ($119 million) to develop.

• For a greener tomorrow

  The industrial and financial centre of Haryana — Gurgaon — has seen a wave of multinational companies coming in over the past 25 years to locate their operations there. The town's skyline has been altered with huge constructions rising by the day, but what the authorities have done to help ‘meaningful construction' come in is interesting. Green buildings were given an incentive of five per cent extra FAR (Floor Area Ratio).

• ČEZ buys into massive Polish wind farm group

  Czech power giant ČEZ has announced the purchase of a majority stake in one of Poland’s biggest wind power companies, Eco-Wind Construction, in a move which goes a long way to fulfilling its ambitions to add another 3,000 MW of renewable capacity abroad. Eco-Wind Construction has, according to its website, 24 wind power projects which will deliver capacity of 1,156 MW.

2012-Jan

• Electrica Seeks Bids for EU70 Million of Wind-Turbine Contracts

  Electrica SA, Romania’s state-owned power distributor, will reopen a tendering process for wind- turbine contracts worth 70 million euros ($92 million), as it implements plans for two wind parks.

• Welspun Energy signs MoU to develop 500 MW Wind Power in Andhra Pradesh

  Welspun Energy Ltd. (WEL) has inked an MoU with the Government of Andhra Pradesh for installing 500 MW of wind power projects.

• VW looking into investing in Turkey

  German auto manufacturer Volkswagen (VW) is considering investing in Turkey and will publish a preliminary report on investment opportunities in the country’s automotive sector, according to the brand’s main distributor in Turkey, DogusOtomotiv. “For an investment to be viable, production levels of 150,000 vehicles per year and above are required. A plant that would produce more than one vehicle and reach 200,000 – 250,000 units per year is more efficient,” said DogusOtomotiv Chairman AclanAcar about VW’s investment projections in Turkey, adding that the company is seriously considering investing in Turkey, and that it is due to publish a report on the subject in March, following the introduction of the new investment incentives package by the government.

• German VW ‘seriously considering’ Turkey plant

  German auto giant Volkswagen AG is in talks with Turkish officials for possibly building a manufacturing facility in Turkey, sources said on Monday. The Sabah daily quoted Ali Bilaloğlu, CEO of the German carmaker's Turkey distributor, DoğuşOtomotiv, as saying on Monday that a working group has carried out “serious” studies to eventually establish a facility to produce Volkswagen cars in Turkey. Recalling that they first brought the issue to the Volkswagen agenda in 2005, Bilaloğlu said the anticipated government incentives for the automotive industry in Turkey have encouraged the German firm even more to invest in Turkey. “We have a working group comprising officials from our company, Volkswagen, and the Investment Support and Promotion Agency of Turkey [ISPAT]. … The government's determination to attract new auto investments will play a significant role in convincing Volkswagen,” he explained.

• Indian Energy Plans 1,000 Megawatts of Wind Projects With Trishe

  Indian Energy Ltd. (IEL) and Trishe Developers Pvt. agreed to develop as much as 1,000 megawatts of wind farms in stages as the South Asian nation seeks to boost its clean energy production.

• Spanish wind turbine firm opens India plant

  Spanish wind turbine manufacturer Gamesa Corporacion Technologica has opened its first blade plant in India.

• Phoenix Solar has realised a rooftop power plant with a peak output of 800 kilowatt in Naklo, Slovenia

  Phoenix Solar AG, a leading international photovoltaic system integrator listed in Prime Standard of the Frankfurt Stock Exchange, has realised a rooftop power plant with a peak output of 800 kilowatt in Naklo, Slovenia. The solar power plant was built by Phoenix Solar in cooperation with Gorenjske elektrarne and completed and connected to the grid of the local electricity supplier in December 2011. It is currently one of the ten largest solar power plants in Slovenia. "This is the second project in Slovenia which Phoenix Solar AG has successfully implemented in 2011. A growing number of Slovenian companies are recognising the potential that solar electricity can offer. They are willing to invest in renewable energies or to have their roofs used for the construction of photovoltaic plants. We are confident that more projects will be realised in Slovenia this year", stated Thomas Sanders, who heads up Phoenix Solar AG's European rooftop plant operations. Gorenjske elektrarne is a subsidiary of Elektro Gorenjska, one of Slovenia's leading energy utilities. The company specialises in the development of power from renewable energies and already has a portfolio comprising a number of solar and hydropower plants. The Merkur Group, which provides high-end technical products and operates several research centres in Slovenia, is the owner of the roof area. Phoenix Solar AG aims is to continue its good cooperation with Gorenjske elektrarne and the Merkur Group in 2012. Slovenia offers interesting remuneration for the operators of solar plants and systems. It is based on a feed-in tariff model similar to that of Germany and is a lucrative opportunity for investors to commit to the expansion of renewable energies. The feed-in tariff paid for this project is 30.4 euro cents per kilowatt hour, guaranteed for a period of 15 years.

• More flyers: India needs 30 more airports in 5 years!

  The growth projections for air passenger traffic suggest an additional requirement of 30 functional airports over the next five years and 180 in the next decade, according to Planning Commission estimates

• Ford to unveil Turkish-produced Transit at Geneva Auto Show

  Ford’s Transit model van is set to show its completely revamped face at this year’s Geneva Auto Show in Switzerland. Slated to be one of the main launches of the US company at the event, the new Transit will enter production late this year at Ford’s Turkish plant located in Golcuk, Kocaeli.

• AAI to invest Rs 20 crore in Pune Airport

  The Pune international airport will see another round of expansions this year as the Airports Authority of India (AAI) has decided to invest Rs 20 crore for developing infrastructure at the airport. AAI will take up three projects, including construction of six hangars, establishing a large canopy on the front side of the main terminal building of the airport and construction of a new administrative building of the AAI, Pune.

• Land acquisition for airport expansion in three phases

  The Airports Authority of India has sought about 510 acres of land for the next phase of expansion of the Tiruchi Airport, which includes expansion of the runway from 8,000 to 10,000 feet initially, and to 12,000 feet ultimately. Of the total land sought, about 186 acres were dry land, 116 acres wetland, 164 acres Defence land, and 40 acres poromboke.

• Ford to build new LCV production plant in Turkey

  Ford Otosan, a JV between Ford Motor Company of USA and Turkey’s Koc Holding, has announced its plans to build a new auto production facility in addition to its existing plant in Kocaeli in northwestern Turkey. The company manufactures light commercial vehicles (LCV) and lightweight trucks in Turkey and exports to 70 countries worldwide.

• MOU Signed between Indian Green Building Council and Karnataka Government

  Green initiatives in Lalbagh, Bangalore will lead to Pilot Green Landscape Rating System, according to an MOU signed between Indian Green Building Council (IGBC) and Horticulture Department, Government of Karnataka on Thursday in Bangalore. The MOU was signed by Ms Vandita Sharma, Principal Secretary to Government, Horticulture Department, Government of Karnataka and Dr Prem C Jain, Chairman, Indian Green Building Council.

• By 2012 'Go Further' (always more advanced) which under the slogan of Ford Otosan, 485 million pounds (205 million euros) investment in Turkey, is building plant in the 3rd.

  to be taken in the first quarter of this year, the foundation of new factory with a capacity of 110 thousand units, as of 2013, Ford's new small light commercial vehicle will be produced. 1000-1500 Ford Otosan factory will create new jobs will increase capacity 340 thousand to 450 thousand. Detroit in 2012 before the Ford Motor Company Chairman Bill Ford, the "car in Turkey We think in the production of "message, quickly entering the Ford Otosan, a new factory in the decision announced yesterday. Turkey in the last 10 years and is the market leader by 2012 'Go Further' (always further) into the slogan, Ford Otosan Golcuk and factories in Eskisehir in 2012 will add 3'üncüsünü. The new factory will have a capacity of 110 thousand units to 205 million euros (485 million) to invest in Ford Otosan, the foundation will take in the first quarter of this year. The new factory from 2013 Tofas ' Minicargo ' model to rival the new small-business model to be produced. Ford plant in Golcuk area will be established next to the 3rd with a total annual production capacity of 450 thousand units çıkaacak facility.

• Turkey's Ford Otosan sees 2012 automotive sales in line with 2011

  ISTANBUL – Turkey's Ford Otosan predicts total vehicle sales in the Turkish automotive market of 850,000 units for 2012, in line with 2011 sales of 864,439 vehicles. Ford Otosan, a joint venture between Ford and Koc Holding, will start building a new factory in the first quarter to produce light commercial vehicles with an annual production capacity of 110,000 units, general manager Nuri Otay also told a news conference on Thursday. The factory investment is expected to cost about 205 million euros and create 1,000 jobs, Otay added. The company expects to produce 288,000 Transits and Transit Connects this year, fewer than the record 296,000 it built in 2011. Otay said that in 2012 Ford aims to export 212,000 vans and sell 128,000 cars and vans in Turkey.

• Koç says TOFAŞ ‘close’ to producing national car

  Local automotive manufacturer TOFAŞ, which produces cars in partnership with Italian auto giant Fiat, is close to producing Turkey’s first domestically manufactured car, Koç Holding CEO Mustafa Koç told reporters in İstanbul on Thursday. A government initiative introduced last year to produce the country’s first national car brand has attracted the attention of both foreign and local firms; the government requested that Turkish industrialists introduce plans for the project. Koç’s remarks came amidst heated discussions as to how the first local car brand could be produced. The initiative has been in the works for over a year and has been receiving more attention, as 80 percent of consumers support a domestic brand and 72 percent have expressed an interest in one, according to a recent survey. Seeing much potential, various companies earlier contacted the government in anticipation of receiving a share in the newly created local car market. The first vehicle should be designed as a passenger car and Koç says TOFAŞ is a reliable company to undertake this project. His partner, Fiat CEO Sergio Marchionne, recently told the Turkish press that the company was continuing talks with the Turkish government and the Koç family in order to produce a national car brand for Turkey. Acknowledging Marchionne’s statements, Koç added that the local car would be manufactured in a completely new production platform in their Bursa facility. “We are not going to use the already-existing platforms for Fiat’s Palio and Albea model passenger cars produced in Turkey,” he said, indicating his company placed great emphasis on the new car being manufactured with the highest local contribution possible. Government officials have given the green light to foreign contributions in the creation of the country’s first national car brand. This means the project will result in a car brand that will produce cars assembled with “mostly Turkish parts.” Marchionne also said the design and auto-parts supply for the possible joint Fiat-Koç car would be developed in Turkey. Asked if TOFAŞ has any specific model or price in mind for the new car, Koç said it was too early to give further details, but studies were under way in close cooperation with the government. “But I could say in advance that this car will be something most people could afford to buy,” he added.

• Poland's Tauron to build 82 MW windfarm

  Poland's second-largest utility Tauron will spend a little more than $186 million to build an 82 megawatt windfarm in the northwest part of the country, the company said on Thursday. Spain's Iberdrola is the lead contractor for the project expected to take 20 months, Tauron said in a statement.

• Pachauri backs green building technologies

  Warning that India is facing an energy security challenge, renowned environmentalist R.K. Pachauri, director general of The Energy and Resources Institute (Teri) yesterday said use of green construction technologies will reduce operational costs. "This country is facing a serious challenge of energy security. Demand for energy in this country is dangerously high. Applying green technologies in construction of buildings could reduce operational charges by up to 30-40 per cent," Pachauri said.

• Renault posts record car sales in 2011 despite weak European market

  Renault's global vehicle sales rose 3.6 percent to a record 2.72 million vehicles in 2011 despite a weak European market, helped by strong demand in Russia, Turkey and Latin America. Jerome Stoll, Renault sales and marketing chief, said the company will continue its expansion in global markets in 2012. Non-European sales accounted for 43 percent of the automaker's volume in 2011 up from 37 percent in 2010, he said in a statement on Tuesday. Renault forecasts that the global car market will grow 4 percent this year, but that Europe will slip by 3 percent to 4 percent, with France's market falling 7 percent to 8 percent. Stoll said fresh products such as the new Clio subcompact and the Zoe subcompact electric car will help Renault counter Europe's uncertain economic and financial environment.

• Monsson to Invest About 250 Million Euros in Romanian Wind Farm

  Monsson Group, a privately-held Romanian wind-park developer, started the construction of a 150- megawatt wind farm in southeastern Romania, which will require an investment of about 250 million euros ($316 million).

• Koc says JV with Fiat will make Turkish-made car

  ISTANBUL -- Fiat S.p.A. and its Turkish joint venture partner may build a car just for Turkey's car market, a newspaper report said. Fiat would provide the technological infrastructure for the vehicle and initial production of 200,000 units was planned at Fiat's Tofas factory in northwest Turkey. Tofas is a is a joint venture of Fiat and Turkish conglomerate Koc Holding. Fiat CEO Sergio Marchionne said at the Detroit auto show that progress had been made on the proposal in talks with Prime Minister Tayyip Erdogan, who has been pushing for a fully Turkish-made car, the Vatan daily newspaper reported on Monday. The paper said Fiat planned production based on the Albea model, which is being discontinued in other countries.

• Auto sales hit all-time record with 13.61 percent growth in 2011

  Automotive Distributor's Association (ODD) President Mustafa Bayraktar said on Monday that automobile sales increased by 13.61 percent in 2011, reaching the highest number of sales in the industry's history, totaling 864,439.

• Filasa Buys Three Wind Farm Projects in Romania

  Filasa International bought three wind farm projects with a total capacity of 400 megawatts in Romania, Mediafax reported. Filasa may start construction work at the wind farms located in Braila County, in the southeast of the country, at the end of 2013 or beginning of 2014. The three projects will require an investment of about 800 million euros ($1 billion), according to Mediafax calculations.

• Turkey Has Solar Interest from BP Solar, Google, Sabah Reports

  Turkey has potential interest in solar energy investments from BP Solar and Google Inc. (GOOG), Sabah newspaper reported, citing Ilker Ayci, head of the investment promotion agency. The agency’s priority is to encourage investment in the automotive and petrochemicals industries, to reduce Turkey’s dependence on imports, Ayci said, according to the Istanbul- based newspaper.

• RWE Seeks to Triple Polish Wind Power Capacity to 300 Megawatts

  RWE is targeting annual growth of 50 megawatts in Poland by developing its own farms and purchasing external projects, Fritz Vahrenholt, chief executive officer of its Innogy renewable energy unit, said today in Essen, Germany.

• Honda to up Civic production in Turkey, eyeing North African market

  Star - Japanese car maker Honda is looking to increase its exports to North Africa following line upgrades and a model revamp in its Turkish plant with an investment of TRY 75 million (approx. USD 40 million). Manufacturing the new version of the company’s popular Civic sedan in Turkey, Honda aims to reach a production capacity of 50,000 cars per year in its Kocaeli plant as it struggles to overcome the impact of the natural disasters in Japan and Thailand, as well as the global financial crisis.

• 152 projects in Ba Ria – Vung Tau’s tourism

  By the end of 2011, Ba Ria – Vung Tau Province had 152 investment projects in tourism, covering a total area of nearly 4,000 hectares with a total registered capital of more than VND 35.3 trillion, reported the provincial department of culture, sport and tourism.

• PSA Turkey Head: Turkey’s auto market cannot be overlooked

  Turkey’s new incentive package, expected to be introduced in the first months of 2012, once again has many international companies to consider the country as a production base. Among them, the French automotive manufacturing group PSA (Peugeot-Citroen) which had shortlisted Turkey for a car manufacturing investment in 2008 but ultimately went for a capacity increase in one of its European plants as a result of the global financial crisis.

2011-Dec

• Foreign Automakers to Invest More in Turkey

  "Many foreign auto manufacturers, like U.S. Ford and Japanese Mazda, Nissan and Toyota are increasing their investments in the Turkish market in 2012 despite the global economic volatility. U.S. auto giant Ford plans to invest $1 billion in its Turkish facilities in 2012 said Science, Industry and Technology Minister Nihat Ergün in an interview with daily Sabah. In addition to Ford, Ergün said Japanese Toyota and Nissan also had Turkish investments in the pipeline. “There will probably be investments in new models,” said Ergün, most likely to include light-weight vehicle models similar to plans for the new generation Toyota Corolla. "

• Google invests $ 94 million in Solar Energy

  Google is investing in internet technologies and services for Solar Energy. Google is launching 4 new solar Energy Projects.

• "Theme Park 2.0" Features Pricey, High-tech Attractions

  Gerner said China is experiencing a theme park construction boom comparable to what occurred in the United States in the 1970s. The coming of a Disney park in Shanghai triggered an expansion of the Chinese regional theme park company Happy Valley, he said. Disney broke ground in Shanghai this year and anticipates a 2015 open. ""In the past when Disney has opened in a region of the world, it has encouraged others to do so. With the Shanghai Disney Park, we would expect a similar increase, its own boom," Gerner said.

• GVFL to float 1K-cr Indo-China fund

  H C Pattnaik, executive director, GVFL, said, "The fund is specific to Chinese companies interested in setting up plants for equipment manufacturing plants in India in the fields of solar, wind, hydro and other alternative energy projects." GVFL, which had launched a similar fund in clean energy ventures and infrastructure in January 2011, will manage the fund.

• IL&FS Private Equity Invests Rs 230Cr in IL&FS Energy Development

  IL&FS energy development is also setting up biogas power projects in Maharashtra and establishing wind farms aggregating to 1,005 MW across seven states in a phased manner. Two sites in Rajasthan (38.4 MW) and Tamil Nadu (12 MW) are operational since September 2010, with further projects coming up in Rajasthan, Tamil Nadu and Madhya Pradesh. It also holds a stake in Shalivahana Green Energy, which is developing clean energy projects of 345 MW.

• Youngman and Turkish Government Interested in Saab Assets

  That doesn’t necessarily indicate the end of Saab : Swedish law allows a company to come out of bankruptcy if investors are willing to quickly infuse the necessary amount of cash. Immediately after the court declared Saab bankrupt, the brand’s ex-CEO, announced that two unnamed parties had spoken up to claim Saab, or at least parts of it. According to Hans Bergqvist, the administrator in charge of liquidating Saab, one of them is Youngman, and the second one is the Turkish government. The first comes as no surprise. The Chinese company tried to save Saab until the last minute and has invested tens of millions of euros into it over the last few months. Youngman is not letting Saab go without a fight. A spokesperson for the company said that it was primarily interested in the Phoenix platform that was set to underpin the next-generation 9-3, but that it might also buy other technology that is not dependent on ex-Saab owner General Motors. The second shouldn’t come as a surprise, either. Turkey has numerous auto factories on its territory; Fiat, Renault, Toyota , Ford , and Hyundai all build cars there. What the country doesn’t have is its own car brand. Several months ago, the Turkish Minister of Industry Nihat Ergun voiced his desire for Turkey to have its own automaker. While this has not been confirmed, it is doubtful that Turkey is interested in buildings Saabs. A more likely scenario is that the country would pick up the Phoenix platform and try to design a car around it to finally launch its own brand. It is too early to say what will happen next. Anything is possible; Youngman and the Turkish government could even work together on the project. Whichever option ends up being chosen, it is unlikely that production will remain in Trollhättan.

• India denied the anti-dumping on Chinese solar energy products

  "Debashish Majumdar said, ""China is too worried about it, because it is an important production center, think this may not be involved in the Indian market."" ""Our rules are not specifically for the Chinese if they want to take action in India, they can come here and set up a production unit does not move the start of China's anti-dumping lawsuits."" "

• Coastal Zone Management Project Going Green

  The Integrated Coastal Zone Management Project (ICZMP) of Odisha is set to embrace low carbon strategies through its project components in the State.

• Rajasthan Opens Bidding for 200MW of Solar Projects

  The state of Rajasthan in India has opened the bidding process for its latest round of solar projects to developers, reports Bloomberg. At stake is 200MW of capacity, divided equally between solar thermal and PV. Companies are permitted to bid for both, with individual project sizes totalling 50MW for solar thermal and between 5MW and 10MW for PV. The deadline for submitting applications is January 30, after which the agency will shortlist candidates meeting all the eligibility requirements. Bids are due to be opened in mid-April.

• India is heading into a Wind League of its Own

  India’s wind industry faces big challenges but DV Giri, Chairman of the Indian Wind Turbine Manufacturers Association (IWTMA), is not complaining. That is because most of those hurdles arise from coping with an accelerating rate of growth.

• Liberty speeds up two city hotel projects

  Que Huong Liberty Joint Stock Co., is quickening construction of its two new hotels Novotel Saigon Centre and Pullman Saigon Centre to ensure they are put into operation in 2012 and 2013 respectively as scheduled

• Las Vegas Sands mulls over tourism complex in HCM City

  Las Vegas Sands plans to build a tourism complex in Ho Chi Minh City at a cost of more than 2 billion USD.

• Turkish Motor Vehicle Sales up by 21% in Jan-Nov

  in Turkey totaled 774,861 units rising by 21.4% as compared to the corresponding period of the previous year. In the January to November period of this year, Turkey's passenger car sales amounted to 504,208 units rising by 22.9% YoY. In the given period, Turkey's motor vehicle exports came to 731,990 units, rising by 6% YoY while its passenger car exports amounted to 406,897 units rising by 2% compared to the same period last year. The revenue for these export sales reached USD 16.93 billion for total motor vehicle and component exports, rising by 18% while the revenue of passenger car exports totaled USD 6 billion, rising by 6% both compared to the first 11 months of 2010. In the first 11 months of 2011, Turkey's motor vehicle imports increased by 22.7% while its passenger car imports rose by 23% YoY totaling 458,048 units and 349,548 units respectively. On the other hand, in Turkey the capacity utilization rate in the period in question was 75% for the total motor vehicle industry while it was 100 percent for tractors and 76% for light vehicles including passenger cars, pick ups and minibuses.

• How a Start up is cracking the Indian Solar Market

  Kiran has 75 MW’s worth of solar contracts, including 50 MW that the company won just weeks ago in the latest Indian government solar auction (which Rosling called “nail-biting” and “exciting”) The government has been bidding out projects under a goal to deliver 3 percent of the country’s power via solar by 2022 which could eventually be 25 GW. Individual states also have their own solar plans, and Kiran has a 5 MW project with the state of Rajasthan.

• Turkey’s Automotive Production Exceeds 1 million in 11 months

  Automotive plants in Turkey churned out 1,084,000 motor vehicles in 11 months, according to data from the Turkish Automotive Manufacturers Association (OSD), while the number of passenger cars produced in the country has reached 589,000. Total vehicle production increase averaged at 10 percent when compared with January-November of 2010, with heavy truck production increasing by 71 percent, bus production by 36 percent, medium trucks by 29 percent, and light trucks by 10 percent. The increase in passenger car production was a more modest 8 percent. Turkey exported 708,000 of the motor vehicles it produced in the said period, 407,000 of them passenger cars. Turkey’s auto industry is short of just 64,000 units to surpass the previous record year of 2008 when annual production hit 1,147,000 cars. It is believed that production during the month of December can easily close the gap.

• Impressively Low Bids from the Second Batch of India's National Solar Mission

  Could solar power be starting to come of age on a larger scale? The lowest winning bid was just Rs. 7.49 /kilowatthour (kWh), or about 15 US cents /kWh, in the second batch of Phase 1 of India’s National Solar Mission (NSM). We are now in India for three weeks to meet various stakeholders to assess the NSM’s progress and the large-scale viability of solar power in India.

• Turkey’s Exports Reach Historic High 

  Turkey’s exports in 2011 have reached USD 133.9 billion, surpassing 2008’s USD 132 billion, creating a new benchmark in the country’s export figures, the country’s Minister of Economy Zafer Caglayan announced. “Turkey reached the highest level of exports in its history as of Thursday,” said Caglayan at a conference organized by the Turkish Exporters Assembly (TIM). “The increase in our exports in the last decade is phenomenal. From 2002’s USD 36 billion to today’s 133.9 billion, Turkey has achieved a success many cannot even dream of,” Caglayan added. Turkey’s economy has expanded 10.2 percent in the first half, while exports went up by 20 percent, he said. The country exported USD 114 billion worth of goods in 2010. One of Turkey’s goals for the centenary of the foundation of the republic is to reach USD 500 billion in exports. "

• India: The Next Solar Frontier

  Europe has been the largest solar energy market for years, but it has ceded some of the spotlight this year to India as India becomes a new frontier for American manufacturers.

• Cars exempt from latest tax hike take lead in overall sales

  Cars that have an engine displacement of less than 1,600 cc had the largest share in overall passenger car sales in Turkey in the first 11 months, with 89 percent of the total, according to recent data, indicating that a recent tax hike urged more buyers to prefer models fitted with such an engine. The ODD report shows that total automobile sales in the first 11 months increased by 22.8 percent over the January-November period of 2010, to reach 504,208 units. Turkey saw around 850,000 cars sold in 2010, and the figures indicate that this year's total car sales will likely remain below the number of units sold last year. Light commercial vehicles also remained highly popular as the sale of such vehicles increased by 14.1 percent in the same period and reached a figure of 230,825 units.

• Going green: City New Hub of Eco-friendly Buildings

  "There are 62 odd green buildings in Delhi and the National Capital Region (NCR) and many of them have applied for the practice. The Indian Green Building Council (IGBC), one of the only two organisations that certify buildings on green quotient defines it as “one which uses less water, optimises energy efficiency, conserves natural resources, generates less waste and provides healthier spaces for occupants, as compared to a conventional building.” "

• Nuclear Power to Become 'Foundation' of Country's Electrical System

  China will make nuclear energy the foundation of its power-generation system in the next 10 to 20 years, said a senior official on Tuesday. The country will increase generation capacity by 2 billion kilowatts (kW) during that period, with as much as 300 million kW coming from nuclear power, said Shi Lishan, deputy director of the National Energy Administration's new-energy and renewable energy department.

• Martial-Arts Theme Park Planned for China

  A Los Angeles-based entertainment group plans to co-develop a $3.1 billion theme park and resort in China's Hubei province with a local investment firm, two people familiar with the project said. Ikonic Entertainment Group will plan and design a martial-arts-themed park, as well as a $50 million live show, one of the people said. The development, if it receives the necessary approvals, will be located at Wudang Mountain in Hubei, which is famous as a center of Chinese martial arts.

• Nuclear Restart Ahead

  Westinghouse Electric Co. says it expects to restart negotiations with China early next year to further deploy its latest-model nuclear reactor; nine months after talks were mothballed when Japan's Fukushima Daiichi disaster raised widespread safety concerns in China. U.S.-based Westinghouse transferred technology for its most advanced reactor to China as part of a 2007 deal to sell four reactors to the Asian country.

• FEV Group Opens Turkey Office 

  German powertrain and motor vehicle technologies developer FEV Group has entered the Turkish market in a bid to take part in Turkey’s national car project and the country’s growing automotive industry. Announced by the Investment Support and Promotion Agency of Turkey (ISPAT) President Ilker Ayci, the Aachen-based company’s entry to the country is strategically important due to its technology and know-how transfer potential to the local automotive industry. The company is regarded as one of the leading solution providers of high-tech automotive applications. Turkey’s automotive industry’s strong manufacturing capability that is producing automobiles, trucks, heavy vehicles and other motor vehicles can potentially utilize FEV services. FEV is reportedly in talks with such producers and suppliers. “The Turkish automotive industry’s competitiveness level on international grounds will receive a boost with this strategic investment” ISPAT President Ayci said at the press event. “The know-how and technology acquired through FEV will help the sector to contribute more to our economy” he noted. Drawing attention to Turkey’s national car project, FEV's Vice-President in charge of Eastern Europe and Asia, Dr. Michael Wilhelm said that developing and manufacturing a national car is certainly within Turkey’s capabilities. “The country is one of the leading auto manufacturing bases in the world” he added. Fuelled by rising income levels and booming car sales, Turkey aims to create a national automotive brand that could be marketed both domestically and internationally. The country ranks 16th in global automotive production and is home to manufacturing plants of Ford, Toyota, Honda, Hyundai, Fiat and Renault.

• Excellent Speakers and Sponsor Partners Confirmed for the 6th Annual China Nuclear Power Congress

  The 6th Annual China Nuclear Power Congress is set to take place on 23-24 February in Shanghai and has a number of excellent speakers confirmed including Mr. Michel Pierrat, CEO of EDF China, Mr. Xionggang, Deputy Director from Institute of Automation, Chinese Academy of Sciences (CASIA), Mr. Chen Bingde, Deputy Director & Chief Engineer of Nuclear Power Institute of China, Mr. Song Fengwei, Assistant General Manager of State Nuclear Power Engineering Company and Mr. József Rónaky Director General from Hungarian Atomic Energy Authority. Furthermore, sponsors of the conference include Camfil Farr and ARI group.

• China Port Eyes Expansion with Vale's Mega Ships

  China's Dongjiakou Port plans to build two additional port terminals to handle Vale's growing fleet of mega iron ore carriers, the world's largest dry bulk ships, a port official told Reuters The Dongjiakou port, which aims to be an international commodities and energy distribution centre, also plans to build two 450,000-tonne oil terminals in the near future

• Asia Pacific: A Hot Region for International Hotel Expansion

  While the rest of the world continues to recover from decreased tourism, one region's travel market is on the rise -and struggling to keep up with the demand. Asia pacific especially China and India, the hotel markets in these countries had been largely constrained, so there has been an extraordinary amount of investments in those markets. Asia Pacific has enjoyed the fastest growth in the travel market over the last year, and they’re poised to continue this growth into 2012.

2011-Nov

• Shipbuilders to Ride Wave

  China plans to enhance the competitiveness of its shipbuilding industry by developing a handful of major players, said Guo Yanyan, a Senior Official at the Ministry of Industry and Information Technology (MIIT).
  
  The government will further consolidate the sector by encouraging mergers and acquisitions and reorganization among Chinese shipbuilders, said Guo. He also stated that Chinese shipbuilders should strive to develop their technology to meet demand in the international market.

• Wuhan, China’s 14th Largest Airport, Investing USD2.3bn to Expand Airport

  Wuhan Tianhe International Airport, the largest airport in Central China, has ambitious growth plans, with plans to invest USD2.3 billion to construct a third terminal building and runway. Wuhan Airport is also developing itself into an integrated transport hub and is focused on expanding its international network, amid an increasing threat from high speed rail on domestic services. Key to this, Air France has announced plans to launch direct services from Paris CDG to Wuhan in Apr-2012.
  
  Wuhan is a player in the battle emerging between airports serving the inland powerhouse Chinese cities including Chengdu, Xi'an, Chongqing and Kunming, for the role as the nation’s fourth largest aviation hub, after Beijing, Shanghai and Guangzhou. Wuhan Airport is, however, trailing its inland peers in terms of growth rates, as the airport feels the impact of the opening of the Wuhan-Guangzhou high speed rail line in late Dec-2009.

• Suzlon Energy Mulls Off-shore Wind Power Project in Gujarat

  India's largest wind energy company Suzlon is interested to enter into off shore wind energy in the country. The project will be coming to Gujarat.

• GRIHA Rating for New Government Buildings

  “All new government buildings in the State will now have three or four star GRIHA (Green Ratings for Integrated Habitat Assessment) ratings, India’s national rating system for green buildings,” announced S V Ranganath, Chief Secretary, Karnataka.

• Tofas Begins LCV Production for Opel

  Turkish-Italian JV Tofas has rolled out the first Combo model light commercial vehicle (LCV) manufactured in Turkey for the GM group company, Opel. According to a cooperation deal signed between Opel and Fiat late last year, Tofas’ plant in Bursa undertakes the production of Combo LCV, based on Fiat’s popular Doblo design. The addition of the Combo line to Tofas’ busy production lines comes at an investment cost of EUR 137 million. “The new LCV model will create a business volume reaching EUR 1.4 billion for the local spare parts industry,” according to Opel Turkey’s General Manager Ozcan Keklik, speaking at the ceremony held at Tofas Bursa plant. Tofas CEO Ali Pandir said that Tofas has invested more than EUR 2 billion over the last five years in its Bursa plant for capacity increases, modernization and R&D efforts. “The export goal for 2012 would be higher than that of 2011 due to the addition of Opel Combo to our export portfolio,” he added. Tofas Bursa plant produces Doblo and Minicargo based vehicles for Opel/ Vauxhall, Peugeot/Citroen, as well as Fiat itself, and will soon commence production for Fiat’s US partner Chrysler for a rebadged Doblo tailored for the US market. The company will produce a total of 1.5 million LCVs, 85 percent destined for export, under the cooperation deals. Bursa plant’s production will top 320,000 units this year.

• Vinpearl to invest US$5 billion in Van Village resort project

  Danang City’s government has officially handed over the mammoth Van Village resort and entertainment complex project to Vinpearl Corp., which will invest some US$5 billion to develop 1,065 hectares of land and 500 hectares of water surface

• Fuel for the future

  Given the current scenario of power cuts and spiralling cost of petrol perhaps there is no better time than now to consider the alternative of solar energy. Heralded as the energy of the future, solar solutions are coming in handy, every day conveniences like lamps, chargers and torches as showcased in the first Solar Energy Fair held in the city recently.

• India Doubles Solar-Power Installation Target as Industry Booms

  India expects to have 10 gigawatts of solar power capacity by 2017, more than double what it initially targeted, as the industry ramps up quicker than predicted. The Ministry of New and Renewable Energy plans to award permits for as much as 10,000 megawatts of grid-connected solar plants by 2017, up from its initial target of 4,000 megawatts, Bharat Bhargava, a director at the ministry, said at conference in the southern city of Hyderabad. It’s also doubling its target for off-grid solar plants to 2,000 megawatts, he said.

• Ctrip Reports Third Quarter 2011 Financial Results

  Air ticket booking revenues for the third quarter of 2011 were RMB385 million (US$60 million), representing a 22% increase year-on-year, primarily driven by a 16% increase in air ticketing sales volume and a 6% increase in commission per ticket year-on-year. Air ticket booking revenues increased 11% quarter-on-quarter.

• 6.2 Billion Dolar Investment will triple the Port Capacity in Turkey

  One of the most important issues of foreign trade in terms of lack of Ports…When the 500 billion dollars in exports, the port are needed to carry it. To meet this need on a international level is a three port. Someone is Candarli. Turkey’s port capacity will increase 54.2 billion ton, 120 billion ton/per year.

• First Chief Chairman Appointed for Asian Photovoltaic Industry Association

  Dr. Zhengrong Shi, CEO of Suntech Power has been appointed the first Chief Chairman of the Asian Photovoltaic Industry Association (APVIA). APVIA members, which include 670 photovoltaic (PV) enterprises, 23 industry associations and 15 research institutions, chose Dr. Shi based on his impeccable credentials and contribution to the solar industry. Dr. Shi will be the Chief Chairman of APVIA for two years. "With the Asian PV industry projected to account for approximately one-third of global demand by 2015, Asia is uniquely positioned to lead the charge in driving the growth of the PV industry worldwide," said Dr. Zhengrong Shi, Suntech's CEO & Founder. "Asia is home to a number of leading PV companies with excellence in manufacturing, technology and R&D, and boasts amazing solar resources. Through APVIA, the PV ecosystem will collaborate to develop the best technologies, achieve economies of scale, and identify market opportunities to achieve grid parity both in Asia and the world."

2011-Oct

• Inspired by Stalks of Plants will produce Energy With Wind Power Windstalks

  From now on wind energy and wind turbines will not be the only way. Designed with inspiration from the wind emitted WindStalk plant stalks, to produce electricity with wind power. Company in New York, designed by Atelier project Windstalk handle lengths of 55 meters, the 1203 units being used.

• Volvo Buses to Invest Rs 400 crore in India

  Volvo Bus Corp. on Thursday said it will invest Rs 400 crore over the next five years in India to meet its stated goal of manufacturing 5,000 buses in the country by 2015, or one-sixth of its targeted global production of 30,000 buses that year.

2011-Sep

• Russia Expands Ports to Regain Wheat Advantage: Freight

  Russia is poised to again become the world’s second-biggest wheat exporter as the nation’s biggest grain-port overhaul raises shipping capacity by as much as 67 percent in four years. Government and private operators are spending $574 million to develop and add terminals on the Baltic, Azov and Black Seas and the nation’s rivers to end bottlenecks that keep trains waiting for weeks to unload. Supply is surging following an almost yearlong ban imposed by Prime Minister Vladimir Putin to conserve grain after the worst drought in half a century.

• How China Dominates Solar Power

  Chinese solar companies have scaled at a rate unthinkable only a few years ago. At the end of this year, there will likely be 50,000 megawatts (MW) of manufacturing capacity in place around the world, with much of that new capacity being developed in China and other Asian countries. (In the year 2000, there were only 100 MW of production capacity worldwide.)
  
  In four years, the solar manufacturing sector shifted from being led by a geographically dispersed number of companies to one dominated by Chinese companies. In 2006, there were two companies from China in the list of top ten cell producers. In 2010, there were six, according to Bloomberg New Energy Finance. There are currently only two non-Asian manufacturers in the top ten, and those companies -- First Solar and Q-Cells -- have shifted a lot of their production to Asia.

• Presidents, Chairmen, CEO's and Captains to present at India Port Expansion & Capacity Upgrading Conference 2011

  India Port Expansion & Capacity Upgrading Conference 2011 is set to provide an international platform for key topics to be discussed amongst industry experts in regards to the ports sector and Noppen is delighted to announce that we have confirmed some outstanding speakers to grace us with their expert knowledge. This includes Mr. Rakesh Srivastava, Joint Secretary, Ministry of Shipping, Government of India, Mr. Paolo Costa, President, North Adriatic Ports Association (NAPA), Mr. P.Mara Pandiyan, Chairman, Mormugao Port Trust, Mr. L. Radhakrishnan, Chairman, JNPT Port, Mr. M.L.Meena, Chairman, Kolkata Port Trust, Mr. Sven de Wachter, Representative of India, Port of Zeebrugge, Mr. Atulya Misra, Chairman, Chennai Port Trust, Mr. P. Ponambalum, Deputy Director, Mauritius Port Authority, Mr. G.V.L. Satya Kumar, Deputy Chairman, Visakhapatnam Port Trust, Capt. R.R Iyer, Representative of India, Port Du Havre, Capt. Prasad Rebala, Senior Vice President- Ports Operation, Karaikal Port (P) Ltd, Mr. Sandeep Mehta, CEO, Mundra Port and Mr. Anand Sharma, Managing Director, Mantrana Maritime

• New VULKAN Subsidiary In Turkey

  The VULKAN Group has established an Istanbul-based 100% subsidiary in Turkey - VULKAN TURKEY Mühendislik, Denizcilik ve San.Ürünleri Tic.Ltd.Sti. After having been successfully represented by a Turkish distributor for many years, the group will now strengthen its sales activities in this region, as a reaction to the country’s economic growth and the favorable development of the Turkish shipbuilding industry

• China Benefits as U.S. Solar Industry Withers

  The bankruptcies of three American solar power companies in the last month, including Solyndra of California on Wednesday, have left China’s industry with a dominant sales position — almost three-fifths of the world’s production capacity — and rapidly declining costs.

• China and US remain most attractive locations for renewables investment

  China and the US have maintained their positions as the most attractive countries for renewable energy investment, while the UK moves up one place to fifth. The Chinese government's decision to tender for 2GW of offshore wind projects to reach its target of 5GW by 2015 solidified the country's lead at the top. In the US, the Obama administration's loan and grants programmes have helped support onshore wind and solar power to double-installation rate since the first quarter of 2010. Meanwhile, institutional capital, hitherto frustrated with underperforming equities markets, is increasingly looking at infrastructure, including renewable energy as a relatively safe haven to deploy their not inconsiderable funds.

2011-Aug

• Huge “Project Helios” Plant planned for Greece

  The International Herald Tribune (IHT) in Greece has reported that a "mammoth" 10 gigawatt (GW) solar plant is being planned for Greece. The project would be driven by investment from Germany.

• Germany-Greece in Talks over Massive Solar Project

  New Hampshire, USA -- Greece is looking to the sun for a plan that will help it emerge from its deep economic troubles, and solar giant and EU powerhouse Germany may be the beneficiary. According to a report Saturday in Greek daily newspaper Ta Nea, a $29 billion project (€20 billion) could create as many as 60,000 positions in jobs-starved Greece by harvesting its abundant sunshine and shipping it to Germany, which has committed itself to moving rapidly away from nuclear power following Japan’s earthquake and nuclear crisis. New Hampshire, USA -- Greece is looking to the sun for a plan that will help it emerge from its deep economic troubles, and solar giant and EU powerhouse Germany may be the beneficiary. According to a report Saturday in Greek daily newspaper Ta Nea, a $29 billion project (€20 billion) could create as many as 60,000 positions in jobs-starved Greece by harvesting its abundant sunshine and shipping it to Germany, which has committed itself to moving rapidly away from nuclear power following Japan’s earthquake and nuclear crisis.

• Research and Markets: Opportunities in the Indian Car Infotainment Market

  The Indian automobile industry is among the top ten markets in the world. On account of huge growth in the automobile sector and increasing disposable income of the consumers, the car infotainment segment has emerged as one of the fastest growing segments in the car accessories market in the country. This is evident from the fact that audio systems are the biggest accessory sold in India after tires. As per industry estimates, the car infotainment market has been valued at INR 100 crores in 2010 and is anticipated to grow rapidly in near future.

• India Aims at Over 50,000 MW of Nuclear Power by 2030

  India plans to import light water reactors from Russia, the US and France to boost its nuclear energy generating capacity to 50,000-60,000 MW by 2030, former Atomic Energy Commission (AEC) Chairman M.R. Srinivasan has said.

• India, Japan Progressing Toward Atomic Trade Pact

  India and Japan are gradually progressing toward agreement on a bilateral atomic trade accord, informed insiders told the Singapore Straits Times on Wednesday (see GSN, July 21). An agreement would permit Japanese firms to export nuclear technology to India and enable the use of Japanese-manufactured atomic components by other nations in their work in the South Asian nation.

• Men, boomers fuel growth in spa industry

  The spa industry is booming, particularly in China and India, as more men and aging boomers seek pain relief as well as relaxing and luxury treatments, including $1,250 facials. Treatments ranging from plasma therapy, in which a patient's platelet-rich plasma is extracted from their blood and injected into wrinkles, and infrared saunas to oxygen therapy and salt rooms are also giving a boost to the $250 billion industry.

• Indian sun attracts US funding

  Over the last month, the US Administration has shown an interest in working to develop India’s nascent solar industry. In July, the government-owned Overseas Private Investment Corp (OPIC) earmarked over $520 million for Indian solar projects by end of year 2011, while this month sees the USTDA signing two deals worth over $1.4 million to fund feasibility studies in India’s energy sector, half of which is for solar photovoltaic projects.

• Turkey ranks third among Europe's largest producers of mega yachts

  Turkey has sailed ahead of many European countries as a leader in the mega yacht building and marketing race, as remarkable growth in the sector showed Turkey ranking third among Europe's largest producers of mega yachts, following Italy and the Netherlands. Business in the local sector has reached an annual volume of 300 million euros.

• Turkey’s Aksa Enerji acquired Alenka Enerji for EUR 1.7M

  Aksa Enerji acquired Alenka Enerji, Turkish energy company, with total wind capacity of 67.5 MW, for 1.7M€. Aksa Enerji currently has a capacity of 1,664 MW, out of which 130 MW consists of wind power plants. The acquisition will increase the total wind capacity of Aksa Elektrik to 197.5 MW.

• Dhamra Port soon to be formally commissioned, plans to have nine more berths

  Dhamra Port, which became commercially operational in May last, will soon formally be commissioned, according to Dhamra Port, CEO, Santosh Mohapatra.

• Turkey sails ahead in mega yacht production

  Turkey has sailed ahead of many European countries as a leader in the mega yacht building and marketing race, as remarkable growth in the sector showed Turkey ranking third among Europe's largest producers of mega yachts, following Italy and the Netherlands. Business in the local sector has reached an annual volume of 300

• Emami to complete Rs 1,000 crore acquisition in 3 months: RS Agarwal

  KOLKATA: Emami will complete a 1,000-crore acquisition in three months, its Chairman RS Agarwal said.

• Reckitt displaces Wipro Customer care as third-largest soap maker

  BANGALORE: UK firm Reckitt Benckiser has overtaken Wipro Consumer Care for the first time in the 8,800-crore Indian soap market, as its germ-fighter Dettol emerged the third largest soap brand in the country.

• Indian FMCG firms like Dabur India and Marico to continue acquisition spree: Crisil

  NEW DELHI: Indian fast moving consumer goods firms will continue to look for acquisitions as most of them are gearing up to expand amid intense domestic competition, according to rating agency Crisil.

• India: Orissa Government Announces Second Phase of Development Work on Gopalpur Port

  The Orissa government is upgrading the port of Gopalpur and has announced a second phase of development work, which should be completed by March 2013.

• Synthesis Energy Systems and China Energy Announce Extension of Agreement for $83.8M Equity Investment

  Synthesis Energy Systems, Inc. (NASDAQ: SYMX) ("SES"), a global energy and gasification technology company that provides products and solutions to the energy and chemicals industries, announced today that it has agreed with Zhongjixuan Investment Management Company Ltd and China Energy Industry Holding Group Co. Ltd to extend the closing period of their March 31, 2011 share purchase agreement through December 31, 2011. ZJX/China Energy recently notified SES of its intent to complete the investment into SES in partnership with Yima Coal Industry Group Co. Ltd and requested the extension in order to allow China Energy and YIMA sufficient time to complete the required Chinese governmental approvals. SES is currently partnered with Yima on a coal chemical project in Henan Province, China, which is in the advanced stages of construction. This project is the first phase of a planned multi-project industrial park with total investment of approximately US$4.0 billion.

• Essar Ports to double capacity in 2 years

  Essar Ports is planning to venture abroad and is looking for opportunities to develop ports in emerging markets.” We are evaluating projects in places that are mineral-rich.”

• Vizag port handles 27 million tons of cargo

  Visakhapatnam port has, so far, handled 27 million tonnes of cargo during the current financial year against 24 mt during the last fiscal, according to Mr Ajeya Kallam,

• Dabur to enter aroma products market by expanding portfolio of 'Odonil'

  NEW DELHI: FMCG company Dabur is gearing up to enter the Indian aroma products market by expanding the portfolio of its existing air freshener brand 'Odonil', targeting sales of Rs 300 crore from the segment by 2015.

• Emami to revamp its R&D centre and manufacturing facilities for its 'Boroplus' and 'Zandu' products

  NEW DELHI: Kolkata-based Emami on Monday said it is revamping its R&D centre and manufacturing facilities for its 'Boroplus' and 'Zandu' products in order to meet the growing demand, both in the domestic and overseas markets.

• India: Major Ports Adopt New Contracting Method to Dredge Harbors

  Major state-owned ports are switching to a new contracting method to dredge harbors to attain the depths required to dock bigger vessels, which could cost more to deepen and maintain the shipping channels.

• India: Minister Announces 20 PPP Projects for This Year

  Nearly 23 public-private partnership (PPP) projects, entailing an estimated investment of Rs 16,743.92 crore and capacity addition of 231.63 million tones have been identified for awarding in 2011-12, the Shipping Minister, Mr. G. K. Vasan, said in a written reply in the Lok Sabha.

• Turkey has embarked on a major renewable energy and energy efficiency program

  Strategically positioned at the crossroads of Europe, Asia and the Middle East, Turkey has embarked on a major renewable energy and energy efficiency program. The country aims to increase its clean energy share to 30 % of its power supply by 2023 — the 100th anniversary of the Turkish republic. With over $40 billion in investment expected in this area by 2020, companies see major business development opportunities in solar, wind and all elements of energy efficiency. Turkey forecasts 6 to 8 % annual growth in energy demand through 2020, with an expected addition of 50,000 MW to the grid. The projects will be funded by public and private sector investment.

• Shenhua Group in $8b Xinjiang coal projects

  Shenhua Group Corp Ltd, China's biggest coal producer, will invest 52 billion yuan ($8 billion) in coal-to-oil conversion projects in the Xinjiang Uygur autonomous region, aiming to reduce the country's dependence on imported oil, a company official said. According to the company's plan, by the end of 2015, Shenhua will reach 70 million tons of annual coal production and build a coal-to-oil conversion plant with annual production capacity of 3 million tons. Shenhua has 20 million tons of coal production annually in Xinjiang and it will invest 3.2 billion yuan in 2011 in 18 projects in the region, the company said. During the 12th Five-Year Plan (2011-2015) period, Shenhua will invest a total of 109.5 billion yuan in Xinjiang to develop its coal, power, coal-to-oil and railway construction sectors. Among them, the coal-to-liquid fuel sector takes up about half of the investment. According to its expansion plans, the company will build coal-to-oil conversion plants with a designed production capacity of 10 million tons in Ganquanbao industrial park in Urumqi, the capital of Xinjiang.

• India is committed to full international civil nuclear cooperation: Krishna

  External Affairs Minister S.M. Krishna on Wednesday said India is committed to full international civil nuclear cooperation for the development needs of the country and is engaged in discussions with foreign companies to expand the nuclear energy programme.

• China will invest $199 billion for urban rail through 2015

  China will invest about 1.27 trillion yuan ($199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development. Local governments would finance 35 percent of the bill and the rest would come from commercial banks, China Development Bank as well as other channels. Local governments would finance 35 percent of the bill and the rest would come from commercial banks, China Development Bank as well as other channels.

• Dabur India sets up new subsidiary in Sri Lanka

  NEW DELHI: FMCG firm Dabur India today said it has formed a new entity, Dabur Lanka Pvt Ltd, as part of a strategy to strengthen its presence in Sri Lanka.

• China approves wind industry 18 technical standards

  National Energy Board organized wind energy industry standards technical committee on August 5, 2011 in Beijing. Nearly 100 standard committee members and representatives from Guodian, National Grid, Sinovel and other relevant units of people attended the meeting. The meeting summarized the annual wind power standard committee to study the standardization of the new situation of wind power task. Analysis of the current development of China's wind power industry and the standardization of the problems needs to deploy the next step the standard construction of wind power. These technical standards will go into effect on 1 November and will further establish and improve China's wind power industry standards.

• Canada keen to partner India on clean energy promotion

  The establishment of India's green economy will necessitate an investment of more than $3 billion. Canadian environmental businesses as well as science & technology ventures are ready to partner with India to address this need.

• French auto maker PSA Peugeot Citroen yet to finalise plant location in India

  After Renault, another big French auto maker PSA Peugeot Citroen is planning comeback to Indian automobile market. According to a report in The Business Line, the company is in no hurry to step up the gas in India where it has still not finalised the site for its new facility.

• Global Leading Transportation Groups Talk Safety Issues at the 3rd Urban Rail Transportation Development Summit

  The China Urban Rail Development Summit 2011 is set to provide an international platform for key topics to be discussed amongst industry experts in regards to the urban rail transportation industry. Noppen is delighted to announce the confirmation of Mr. David Shipley as a speaker at this event; he is part of CSRE and will discuss the technology standards of locomotive in the European market. Further safety topics will be covered by the head system engineer from Bombardier who will make a presentation about their CBTC system.

• Adidas raises full year profit forecasts

  Adidas has raised its forecasts for 2011 after reporting strong figures for the three months to the end of June. Net profits for the quarter came in at 140m euros ($200m; £122m), up 11% from the same period last year. Sales were particularly strong in China, where they rose 41%, excluding currency effects.

• Nissan takes a huge step forward in the Indian auto industry today

  Nissan Motors, in a bid to strengthen their portfolio in Indian auto industry, has announced the launch of two new vehicles. One of them, Nissan Sunny was unveiled today at an event in Mumbai. Nissan Sunny has been around since 1966, and in all these years, the sedan has successfully managed to create a space for itself in the auto industries around the world.

• Eicher Motors to pump in Rs 900 cr on capex in 2-3 years

  Eicher Motors will invest over Rs 900 crore over the next two to three years towards various expansion plans. Of the total capital expenditure, Rs 500 crore will be utilized by its joint venture company Volvo Eicher Commercial Vehicles (VECV) for regular expansion.

2011-Jul

• State-run ports, a firm to raise Rs 5K-cr by March '12

  The Shipping Ministry today said two of the country's major ports and a proposed company to invest and acquire stakes in overseas port and container terminals will raise Rs 5,000 crore through the issue of tax-free bonds by March, 2012.

• India's Overseas Maritime Plan Takes Shape

  India is set to go places with its overseas maritime plans. The Centre plans to float a company – Indian Ports Global – along the lines of Dubai Port World and Port of Singapore (PSA), to invest in overseas ports. The company will be allowed to raise Rs 3,000 crore tax-free bonds.

• Sale From Turkey to UAE

  Marcon International, Inc., Coupeville, Wash., has brokered the sale and delivery of two 5,630 BHP new ASD sister-tugs from Turkish shipbuilders, Bogazici Denizcilik to owners in the United Arab Emirates.

• Experts talk about Clean Coal Utilization at China Advanced Coal Chemical Summit

  On the 20th to 21st October 2011 Urumqi, Xinjiang is set to play host to Noppen’s 7th Annual China Advanced Coal Chemical Summit 2011. It is a real testament to the success of our previous coal chemical summit that we are able to continue hosting this summit and attract superb speakers. These include Mr. Taufik SASTRAWINATA, Secretary General, Indonesia Coal Society, Mr. Christopher John Schrape, Managing Director, Altona Energy plc and Mr. Blake Margison, Affairs Representative, International Energy Conservation Environmental Protection Association. They will discuss several important issues including clean coal utilization.

• President of Capital Jet to Deliver Presentation on General Aircraft Development

  The China Aircraft Development Summit 2011 is set to provide an international platform for key topics to be discussed amongst industry experts in regards to the aviation industry and Noppen is delighted to announce they we have confirmed some outstanding speakers to grace us with their expert knowledge. This includes Mr. Zhao Qijiang, President, Capital Jet Co. Ltd, Mr. Cong Lin, CEO, ICBC Leasing Co. Ltd, Mr. Ian Reid, CEO, Skyworks, Mr. Landon Loomis, Commercial Officer, Embassy of the United States of America and Mr. Thierry Liabastres, Chairman, Aircraft Identification Programme Steering Group, Eurocontrol.

• Industry Experts to Present at China Green Dairy Summit 2011

  Noppen is pleased to confirm that some new eminent speakers are to partake in the China Green Dairy Summit 2011, taking place on 25-26 August 2011, in Huhhot, Inner Mongolia, China. They are Mr. LAO Bing, General Manager of Shanghai Mental Dairy Marketing Consulting Co. Ltd; Mr. Akira OHNO, Chairman of Morinaga Milk Industry Co. Ltd; Mr. Philip TURNER, President of Fonterra Co-operative Group China Office and Mr. Tim MACKLE, Chief Executive of Dairy NZ. The topics they will share with us include, "How to Make High-end Milk Become a Superior Product within the Regional Dairy Enterprises", "Dairy Industry in Japan & Introduction of Morinaga Milk" and the “Contributions of Milk in Human Health and Nutrition."

• Ford announces new $1 billion plant in Sanand, Gujarat

  NEW DELHI: US auto giant Ford said on Thursday it would invest $1 billion to build a vehicle assembly and engine plant in India as it ramps up production to exploit the country's burgeoning car market. The new factory in Gujarat will employ around 5,000 workers and will be Ford's second in India, Michael Boneham, Ford's president in India, told reporters in a conference call. Ford's existing manufacturing facility is located in Chennai. The Gujarat government will allocate 400 acres to Ford Motors. The facility will come up near Tata Nano's mother plant in Sanand, located 40 kms from Ahmedabad.

• Toyota to invest Rs 1,650 cr to double production in India

  Toyota has just announced that they plan to increase their market share in Indian car industry. Toyota Motors will be investing an amount of Rs.1,650 crores to ensure the same. Japanese auto company, Toyota will increase production by one lakh cars in India.

• Starwood to Expand Hotel Spa Portfolio across Asia and the Middle East

  Sheraton will increase its spa portfolio by nearly 50% with 10 openings this year; Westin will add six spas in 2011, increasing the Heavenly Spa portfolio by almost 20%. As the largest operator of upper-upscale and luxury brands in the world, Starwood is committed to introducing branded, lifestyle experiences - including spas - to the market.

• Key Transport Professionals set to Speak at the 3rd China Urban Rail Transportation Development Summit

  Noppen would like to announce the confirmation of three distinguished industry experts who will be speaking at our Urban Rail Transportation Development Summit 2011. They are Mr.  Li Xia, Standing Vice President and Secretary-General of Intelligent Transport System Association in Shenzhen, Mr. Torsten Tornow, Chief Engineer, Siemens Ltd Transportation and Joe Bastone, Director of Mass Transit, Bombardier Transportation Group. They will each share their vast knowledge and speak on their individual areas of expertise at the event which will take place on 22-23 September 2011 in Tianjin, China.

• Korea, India sign pact for nuclear cooperation

  South Korea and India agreed Monday to expand cooperation and exchanges in the areas of nuclear energy, defense industry and security. President Lee Myung-bak and Indian President Pratibha Patil signed an agreement for nuclear energy cooperation, paving the way for Seoul to export atomic power plants to the fast-developing nation.

• Win-win Co-operation: EPC Contract Sign by MingYang and Yudean for 48MW Offshore Wind Power Project

  China Ming Yang Wind Power Group Limited signed an engineering, procurement and construction contract with Guangdong Yudean Xuwen Wind Power Co.Ltd for a 48MW offshore wind power project in Zhanjiang, Guangdong which has received the approval from the Guangdong provincial development and reform committee. According to the 12th Plan of energy and renewable energy, China will build offshore wind 5 million KW in 2015. And by 2020, China’s offshore wind power will reach 30million KW. And Mr. Liu Qi, deputy director of the National Energy Administration said the offshore wind power project which is now been incorporated into national-scale has reached 2.588 million KW. This number is 19 times of the current installed capacity of offshore wind power.

• Australia plans to build ties with Indian automotive industry

  MUMBAI: Australia is exploring possibilities of building better ties between its world-class firms and rapidly growing Indian automotive industries to create new export opportunities and help secure the ongoing strength of the multi-billion-dollar auto industry there.

• Australia plans to build ties with Indian automotive industry

  MUMBAI: Australia is exploring possibilities of building better ties between its world-class firms and rapidly growing Indian automotive industries to create new export opportunities and help secure the ongoing strength of the multi-billion-dollar auto industry there.

• The new Direct Taxes Code slated for implementation from April 1, 2012 and proposed Goods and Services Tax are measures that will help create a modern and more efficient tax system in India.

  "The new Direct Taxes Code slated for implementation from April 1, 2012 and proposed Goods and Services Tax are measures that will help create a modern and more efficient tax system in India. India is now the 34th Country Member of Financial Action Task force. The FATF process will also help us in co-ordination of anti-money laundering/countering financing of terror (AML/CFT) efforts at the international level," said Mukherjee. "To make the FDI policy more user-friendly, all prior regulations guidelines have been consolidated into one comprehensive document, which is reviewed every six months. This has been done with the specific intent of enhancing clarity and predictability of our FDI policy to foreign investors. Ownership and control are now central to the FDI policy, and the methodology in this regard has been clearly defined," he added.

• Swiss pact to help track black money

  NEW DELHI: The government is hoping to track unaccounted wealth of Indians stashed in Swiss banks despite the authorities in the European country only agreeing to share prospective data under the revised Double Taxation Avoidance Agreement (DTAA).

• WB President: Turkey set the example for a successful economy

  Turkey has set a unique example of growth during times of difficulty for the world’s major economies, according to the World Bank’s President Robert Zoellick. Turkey’s success as one of the world’s fastest growing economies is admirable and the growth model is an example to be followed by other markets, said WB President in a press conference in Ankara. Turkey’s GDP grew 11 percent in the first quarter of 2011, making the country the world’s fastest growing economy for the period.

• Russia's Lukoil to build $4m solar park near Bourgas

  Russia's oil major Lukoil will invest $4 million in the construction of a 1.25 MW photovoltaic park near the city of Bourgas. The expected annual output of the solar facility is 1500 MWh of power, which will be sold on the free market. Lukoil expects to put the plant on stream in October 2011. Its construction will be managed by Lukoil Ecoenergo, a unit of the Russian company registered in 2011 to run its renewable energy projects.

• Swiss pact to help track black money

  NEW DELHI: The government is hoping to track unaccounted wealth of Indians stashed in Swiss banks despite the authorities in the European country only agreeing to share prospective data under the revised Double Taxation Avoidance Agreement (DTAA).

• Gestamp's Wind first project in Turkey enters into commercial operation

  Gestamp Wind premieres in Turkey with the commissioning of its first wind farm in this country. The 24 MW project of €35M will provide enough clean energy to power 30,000 homes annually. Gestamps plans include a wind tower manufacturing facility, aiming to also achieve a prominent position in the booming Turkish wind energy production market. Turkey joins Spain, Belgium, USA and Brazil in the wind farms portfolio maintained by Gestamp.

• EVN Bulgaria opened the second solar park in Bulgaria

  ЕVN Bulgaria opened the second solar park of "Naturkraft" EOOD - a subsidiary of EVN Bulgaria, developing projects in the field of renewable energy sources. Investment in the facility near the village of Trastikovo, Burgas District is worth 10 million BGN and projected annual production amounts to 2.4 million kWh

• Markets flat, FMCG stocks gain

  Markets traded on a flat note in the mid-morning deals The Sensex was 18,522; up 20 points while the S&P CNX Nifty at 5,569, up 2 points. According to Ashish Chaturmohta, Vice President ( Derivatives & Technical Analyst), IIFL Wealth, "Nifty is trading sideways where 5,660 levels is an important resistance, above which 5,695-5,720 levels can be tested whereas on the downside, 5,540 acts as an immediate support, below which market can drag towards 5,500-5,460 levels."

• FMCG: Not defensive, but a growth sector

  Some analysts recently have taken a sell call on Hindustan Unilever (HUL) on the back of inflation worries, according to media reports. Should, therefore, one start worrying about the fast moving consumer goods, or FMCG, category in general?

• Nuclear-boost: Uranium mine in Andhra could be among largest in world

  RAWATBHATA (Rajasthan): India's nuclear power aspirations just got a boost thanks to a lucky find. The Department of Atomic Energy (DAE) has discovered that the upcoming uranium mine in Andhra Pradesh's Tumalapalli has close to 49,000 tonnes of uranium — three times the original estimate of the area’s deposits.

• Nuclear-boost: Uranium mine in Andhra could be among largest in world

  RAWATBHATA (Rajasthan): India's nuclear power aspirations just got a boost thanks to a lucky find. The Department of Atomic Energy (DAE) has discovered that the upcoming uranium mine in Andhra Pradesh's Tumalapalli has close to 49,000 tonnes of uranium — three times the original estimate of the area’s deposits.

• Herbalife India enters 12th year...Grows 154% in Q1

  Herbalife, the global nutrition and direct selling company entered their thriving 12th year of operations in India with a stellar growth of 154% in Q1; Herbalife India plans to further expand their presence across regions this year. The company is also looking at expanding the product portfolio, of inner and outer nutrition range over the next 6 months

• Indian port registers 100% traffic growth

  Mandvi port registered 100% traffic growth in 2010-11, according to figures provided by the Gujarat Maritime Board.

• Vizhinjam port bidding deadline extended

  Kerala Chief Minister Oommen Chandy has extended the final date for bidding for the proposed Vizhinjam port.

• India, Canada to sell N-reactors together

  India is reportedly pursuing a lucrative partnership with Canada to sell nuclear reactors in new markets. A deal announced last year in Toronto by prime ministers Stephen Harper and Manmohan Singh will eventually clear the way for Canadian uranium to be exported to India once Canada ratifies it. Presently, India is pursuing joint ventures with Canada's nuclear industry. "We do think there is a good possibility for us to cooperate in third countries, which would be possible once all these things are sorted out," Indian high commissioner Shashishekhar Gavai said. "We have developed our own technology over the years. We could bring your expertise and our expertise together, and go into third countries where they require reactors," Gavai said.

• Mega nuke signal with 700MW reactor - Work begins at Rajasthan power plant under huge expansion programme

  India has signaled its plans for a massive expansion of home-grown nuclear power over the next decade by starting the construction of a 700MW reactor at the Rajasthan Atomic Power Station here.

• Mega nuke signal with 700MW reactor - Work begins at Rajasthan power plant under huge expansion programme

  India has signaled its plans for a massive expansion of home-grown nuclear power over the next decade by starting the construction of a 700MW reactor at the Rajasthan Atomic Power Station here.

• Largest container vessel to dock at Cochin Port

  Container vessel Maersk Sembawang will be the largest vessel to call at South India when it docks at Cochin Port later this week.

• Growing Britannia looks beyond biscuits

  In the last few years, Britannia forayed into breakfast cereals with Healthy Start, and is also running a pilot project ActiMind and Tiger Zor in dairy.

• Wind Power Sector all set to flourish in Turkey

  Newly launched incentive scheme along with entry of international wind power giants will enable installations to grow over 30% CAGR by 2014, says RNCOS.
  The government's strong desire to lessen the energy import dependency. Wind power will continue to be the most preferred investment destination among the renewable energy sources in Turkey.

• Gehrlicher Solar will build its first solar park in Kosharevo, Bulgaria

  Gerald Kumerle, Technical Director of the Business Unit Ground-Mounted Systems notes: "We were able to realize this first large-scale project within a few weeks, even before the reduction of compensation by July 1st. As a result, the solar park will receive feed-in compensation of 35.75 cents per kWh."
  Dr. Tim P. Jungblut, Commercial Director of Ground-Mounted Systems explains: "Even at a lower compensation of 24.83 cents per kWh, investments in Bulgarian solar projects will be profitable. We are planning to expand the Kosharevo Solar Park in the course of the coming months to exceed 3 MWp and already have additional projects in the double-digit MWp range in the pipeline."

• Praful for desi players to drive auto investment

  NEW DELHI: The Government would like to see a sizeable share of the Rs 2,50,000 crore potential investment in India’s auto industry to be generated from within, by India’s own companies, to tackle the challenge and opportunity presented by the huge and growing demand for cars in the country, Minister of Heavy Industry Praful Patel said after meeting the CEOs of automotive industry here on Monday. “Today, a bulk of the domestic demand for automobiles is being met from facilities in the country. I would like to see a bigger chunk of investment to come from our industry,” Patel said.

• Payments to foreign companies for uploading ads not taxable: Income Tax Appellate Tribunal

  MUMBAI: Payments to a foreign company for uploading banner advertisements on portals are not liable to be taxed in India, the Income Tax Appellate Tribunal (ITAT) has ruled in an appeal filed by software company Yahoo India.

• P2 Solar Signs 76.5 Million Dollar Solar Project in Bulgaria

  P2 Solar, Inc. is pleased to announce that it has executed an option agreement to develop a 7.3 Mega Watt solar power farm with a 20 year gross revenue of 76.5 Million USD. The shovel ready project is located in south-western Bulgaria near the Greek border and has land secured, all required permits are in place and a 20 year government Power Purchase Agreement (PPA), is signed.

• Hiring up in India in April-June

  Hiring activity in India showed an upward trend during the quarter ended June 30 with hiring by IT sector up by 32% and that of fast moving consumer goods (FMCG) sector by 21%, said a survey.

• Director of Mantrana Maritime to Share Expertise and Knowledge at 2nd India Port Expansion and Capacity Upgrading Summit

  Noppen would like to announce that this week we have confirmed noted speaker Mr. Anand V Sharma, Director of Mantrana Maritime to join the 2nd India Port Expansion and Capacity Upgrading Summit. We are happy to welcome his expertise and knowledge on the development of India’s port sector and the future outlook of the Indian port industry.

• Managing Director of Finship to Discuss Current Trends at Turkey Shipbuilding Summit

  Noppen would like to announce that this week we have confirmed eminent speaker Mr. Aslan Paksoy, Managing Director of Finship to join the Turkey Shipbuilding Summit. He will share his experience and knowledge about the industry to discuss current trends, investment opportunities and the new advanced technologies.

• Ashok Leyland inks deal with Krishnapatnam Port Company

  Hinduja Group flagship company Ashok Leyland has inked a partnership with Krishnapatnam Port Company to provide 85 U-Trucks for inter-carting operations at the port.

• Quarterly results…what to expect from the FMCG sector?

  The FMCG sector will continue its growth momentum in Q1 FY12. Revenue growth will remain strong though margin expansion will be lower due to firm key raw material prices.

• Guangzhou to become center of green dairy production and processing industry

  It is learnt from the provincial conference on the work of green food development that according to the provincial planning of green food industry, Guangzhou will be developed into a center of green dairy production and processing industry and will be the host of the first China Green Food Expo.

• Indian consumers are getting smart

  A study by Boston Consulting Group, Winning Indian Consumers in 2011, observes that while they want a lot more in their lives, they are going about getting those things on the best possible terms and prices.

• A Hybrid Power Plant Takes Shape in Turkey

  General Electric and Californian eSolar announced a new strategy on Tuesday. They use solar power to make steam that will supplement the steam from the natural gas, tack on some wind machines nearby and make an arrangement that lets the natural gas compensate for variations in the wind and sun. Wind turbines, in the rear, make electricity to either help run the plant or to feed the grid.The two companies said they would break ground this year on a hybrid electric plant in Karaman, Turkey, to be owned by a Turkish project developer called MetCap Energy Investments.

• Turkey: Sahin Shipyard Completes Substantial Remodeling of Rosewood Cargo Ship

  Tuzla-based Sahin Shipyard has completed a substantial remodeling of the Rosewood, a Volga-Don general cargo ship (project 1565), said Marine Engineering Bureau, the designer of the vessel's modernization.

• Japan's Muji to Open 20 New Stores In China In 2011

  Japanese retail company Muji has announced that Muji's sales in China have accounted for 8.7% of the company's overall sales, making China the most important overseas market for the company. Muji plans to open 20 new stores in China in 2011. According to its Chinese official website, Muji has developed 28 stores in over ten Chinese cities. Muji's expansion plan for 2011 shows that the company plans to open 39 new stores outside Japan in 2011. The executive said Muji's sales of individual stores in China have been growing. Unlike the Japanese market, the Chinese market made major revenue from apparel while food is the major income source of the Japanese market. In addition, Muji seldom opens outlets in department stores in Japan, while department stores are major shopping sites for Chinese consumers.

• Portugal's Efacec expects 1.9 million euro annual income from solar project in Bulgaria

  Portuguese energy company Efacec expects 1.9 million euro annual income from a 13 million euro solar park it recently launched in Bulgaria. The solar park in Bezmer, in southern Bulgaria, has an output of 4 MW and the expected yearly production is 5,480 MWh. Efacec is currently bidding for the construction of other photovoltaic projects to several investors. Reasons they have chosen Bulgaria are the favorable geographical conditions, the fact that the lev is stable to the euro, the legal frame clear and situation in the country stable, says Rui Cardoso, Efacec regional manager for Central Europe.

• Further development of Gopalpur Port

  The Government of Orissa has announced it will hand over 400 acres of land for the ongoing development of Gopalpur Port, on India's East Coast

• France reiterates commitment to nuke deal

  NEW DELHI: As India raised the ante regarding civil nuclear cooperation and transfer of sensitive technology, France became the latest of India's nuclear partners to pledge "full" nuclear cooperation with this country.

• India: GPL to Commission Second Phase of Gopalpur Port Expansion by March 2013

  Following the recent green signal for the development of the minor, seasonal port at Gopalpur into an all-weather port by the Union ministry of environment & forests (MoEF), the Orissa government has asked the port promoters to commission second phase of the port operations by March 2013.

• National V Emission Standard to carry out in 2012

  Beijing government released Beijing Energy-saving and Counter Climate Change Scheme, and national Ⅴ emission standard will be carried out next year. And new energy vehicles especially pure electric vehicles may have more chances to develop dramatically.

• 3 Expert Speakers Confirmed for the China Aircraft Development Summit 2011

  Noppen would like to announce that newly confirmed speakers at the China Aircraft Development Summit 2011, include Mr. Ian Reid, CEO, Skyworks, Mr. Landon Loomis, Commercial Officer, Embassy of the United States of America and Mr. Thierry Liabastres, Chairman, Aircraft Identification Programme Steering Group, Eurocontrol. The summit will take place on 22-23 September 2011, in Tianjin, China.

• CEO, Commercial Officer and Chairman to Share Professional Advice at China Aircraft Development Summit 2011

  Noppen would like to announce newly confirmed speakers for the China Aircraft Development Summit 2011, taking place on 22-23 September 2011, in Tianjin, China. They are, Mr. Ian Reid, CEO, Skyworks, Mr. Landon Loomis, Commercial Officer, Embassy of the United States of America, Mr. Thierry Liabastres, Chairman, Aircraft Identification Programme Steering Group, Eurocontrol., just to name a few.

• International Experts to Attend China Green Dairy Summit 2011

  Noppen would like to announce that this week we have confirmed some eminent speakers to join the China Green Dairy Summit 2011, taking place on 25-26 August 2011, in Huhhot , Inner Mongolia, China. They are Mr. Torsten Hemme, Chairman of IFCN Dairy Research Center, Germany, Mr. Tim Orting Joergensen, Executive Director Consumer International of Arla Foods and Mr. Phill Goode, International Market Development Manager of Dairy Australia. They will share their experience and knowledge with us about the global trends in milk productions & milk prices, balance of world’s milk supply & demand and dairy safety in this excellent China dairy summit.

• Mundra likely to be India's largest port by FY14: StanChart

  Private sector ports have emerged as the most preferred India infrastructure investment in recent times, says a report by Standard Chartered. StanChart recently initiated coverage on Mundra Port SEZ with a price target of Rs 201 per share.

• Luxury car segment in India

  Being a small car market, India was never a favorite destination for top car manufacturers in the world. It’s a different story today. The great Indian auto industry has stunned the world by becoming one of the fastest growing auto industries in the world today. Almost every luxury car maker has set up their base in India today, including Aston Martin, Ferrari, Porsche, Jaguar, Mercedes Benz, BMW, AUDI, Bentley, Rolls Royce, and a few more are on their way. For the past two calendar years, 2009 and 2010, BMW came out on top as they sold the highest number of cars in the luxury segment in India.

• Airbus says it is grateful for help from Party in Tianjin

  The European aircraft maker Airbus SAS has expressed gratitude to the Communist Party of China commission for helping make its Tianjin factory into a good workplace, a feat that has been essential to ensuring the factory manufactures jets that are of equal quality to those made in Europe, stated the Party Secretary. The Tianjin factory is the first place outside Europe where Airbus has undertaken the final assembly of its planes. Airbus controls 51 percent of the venture and the remaining shares are split between the members of a Chinese consortium composed of China Aviation Industry Corp and the Tianjin Free Trade Zone, which represents the local government. The plant rolled out its first A320 airplane in June 2009 and has so far delivered more than 50 to 9 Chinese airlines. The factory is now able to assemble three jets each month and is steadily increasing its rate of production.

• More cities to embrace urban rail transit

  At least 36 cities in China have elaborated on their plans for urban rail transit, among which 28 have been approved by the State Council. With a construction cost of 500 million yuan per kilometer, an investment of 3.3 trillion yuan will be invested into city rail transit from 2009 to 2020. This is an annual average expenditure of 270 billion yuan. China is planning to build 96 rail transit lines with a total operating mileage of 2500 kilometers by 2015.

2011-Jun

• Bulgarian-German Firm BCI to Invest EUR 200 Million in Bulgaria Solar Park

  Bulgarian-German company BCI OOD is going to invest over EUR 200 M in a photovoltaic park in the Kazanlak Municipality in Central Bulgaria. The solar power park will be located in three villages in the municipality – Yasenovo, Cherganovo, and Golyamo Dryanovo. The investment decision has been finalized after the Kazanlak Town Council voted to provide BCI with a construction permit right for 30 years, the Stara Zagora Chamber of Commerce announced.

• New venture to expand Jawaharlal Nehru Port

  India's ABG Shipyard Ltd and Singapore's PSA International Pte Ltd have been given a $1.5 billion (67 billion rupee) contract to develop the fourth container terminal at Jawaharlal Nehru Port in western India.

• India: Port Authority of Singapore Emerges Highest Bidder for JN Port’s Container Terminal

  Maritime and Port Authority of Singapore (MPA) has emerged as the highest bidder for the Rs 6,700 crore fourth container terminal at the Jawaharlal Nehru port, it is learnt. Though the bids were opened on Tuesday, the results were not officially announced; a port official said the tender results will be officially announced after July 4.

• Emami eyes healthcare acquisitions, to invest Rs 400 cr

  On the back of the current expansion, the firm expects to achieve a turnover of Rs 1,000 crore from the hospitals business by next fiscal, up from Rs 300 crore at present.

• US Companies Head to Turkey for Solar Projects 

  "Untapped potential and an appealing investment climate draw international energy companies to Turkey’s growing renewable energy sector. Boosted by the legislation adopted early this year that favours locally produced equipment over imported hardware, 15 companies from the US consider investing in Turkey for the production of materials related to harvesting energy from the sun. The first such project will turn a former food processing plant in the Black Sea province of Kastamonu into an assembly facility for solar panels. Benefitting from the incentives law, the solar panels to be produced in the facility will both be used in projects in Turkey and be marketed to the Middle Eastern countries. “The US companies are eager to invest in solar energy projects in Turkey,” according to Michael Lally, Commercial Counsellor to the US Embassy in Ankara. Recalling that the US Eximbank has allocated a USD 1 billion loan for renewable energy projects in Turkey, Lally said that 15 energy companies from the US will visit Turkey in November to assess investment opportunities. "

• Turkey: Besiktas Shipyard Launches Third Tanker of Armada Series for Palmali Group

  Yalova-based Besiktas Shipyard (Turkey) launched the third tanker of Armada series ordered by Palmali Group, the shipping company's senior executive told Port News.

• India to press ahead on nuclear power

  India's commerce minister has called for more cooperation with the United States on nuclear energy and brushed aside talk of scrapping ambitious plans in the wake of Japan's Fukushima crisis. On a visit to Washington, Commerce Minister Anand Sharma said he has faced questions on whether India should rethink its nuclear energy policy and responded flatly: "My answer was no."

• Harnessing Turkey's Strong Winds, GE- and GAMA-Owned Wind Farm Now Powering the Country, a First for Their Joint Venture

  Turkey's newest wind farm - the first owned by a joint venture of GAMA Holding A.S. and GE Energy Financial Services - is now selling clean electricity and helping the country meet its renewable energy targets. The 22.5-megawatt Sares wind farm is the first in Turkey owned by Ankara-based GAMA Enerji A.S., the joint venture of GEEFS and GAMA Holding. The joint venture is also developing a 10MW Karadag wind farm. "As a global investor, we are delighted to expand our renewable energy investing to Turkey," said Kevin Walsh, Managing Director and leader of Power and Renewable Energy at GE Energy Financial Services. Stephan Ritter, General Manager of GE Renewables Europe added: "The Turkish market's potential for the wind business is very big. To realize that potential, we are committed to working with wind developers such as GAMA Enerji.”

• Toyota Future is India and other Emerging Markets - Mr Hiroshi Nakagawa

  After the tsunami and earthquake in Japan, which saw production levels at Toyota Kirloskar Motor dipping by 70% for nearly a month the company is steadily getting back on its feet. While INR 300 crore is being infused to enhance capacity by 40% at the existing plants in Bidadi, Karnataka, the much awaited small car from the Toyota fold, Liva, will hit the streets by the end of the month. Managing Director Mr Hiroshi Nakagawa told Ms Sharmistha Mukherjee, with developed countries offering limited growth potential, emerging markets such as India is our hope for the future.

• Upcoming Airports Focus on Greener Buildings

  New Delhi: India's upcoming airports are focusing on energy-efficient buildings, high-performance air conditioning, rainwater harvesting, waste-water treatment, and optimal reuse of treated water to align themselves with environment-friendly development.

• Siemens mulls wind turbine blade production facility in Turkey

  Germany’s Siemens AG, one of the world’s biggest manufacturers of wind turbines, may establish a wind tribune rotor blade production facility in Turkey provided that demand for wind energy in Turkish markets continues at its current pace, said Siemens Turkey CEO Hüseyin Gelis. Turkey has huge potential for wind power, with estimates ranging from 50,000 to as high as 150,000 megawatts in electricity generation. Such potential for wind energy, together with new legislation on the horizon, offers great opportunities for foreign investors interested in expanding into renewable energy markets of fast-growing economies such as Turkey. Global players wanting to sell equipment, technology and expertise are also showing interest in the Turkish market. American renewable energy developer Renewable Energy Systems (RES), Russia’s state nuclear unit Rosatom, Hamburg-based REpower Systems AG and Denmark’s Vestas are the most recent examples.

• Turkish Wind Power Capacity to Grow 31.6% a Year Until 2014

  Turkey’s wind power capacity will grow at an annual average rate of 31.6 percent until 2014, outpacing the growth of overall renewable energy capacity in the country, according to researcher, Research and Markets. Wind power generation will become a highly competitive industry, thus creating business opportunities for manufacturing and material innovations, the Dublin-based researcher said in an e-mail statement today. According to Hasan Koktas, Head of the Ankara-based agency, Turkey’s energy regulator may give licenses for 2,277MW of new wind power plants. Turkey had 50,475MW of total power capacity in May, according to the government’s power transmission company Teias. The government aims for 20,000MW of wind power capacity by 2020, about one quarter of the total capacity then, Koktas said.

• APL Expands China-India Express Service

  APL is expanding its China-India Express Service with a weekly call at India’s Port of Pipavav, starting at the end of this month. The new port call is in addition to the existing call at the Port of Nhava Sheva (Jawaharlal Nehru), India’s largest container gateway.

• Krishnapatnam Port Sets All India & Possibly a World Record for Coal Discharging

  Krishnapatnam Port has set an all Indian record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unloading system in form of advanced Mobile Harbor cranes.

• India: India's Port Traffic Up 1 Percent

  The volume of containers handled by major ports in India grew a mere 1 percent year-over-year in the first two months of fiscal 2011-12, the Indian Ports Association said Wednesday. Total traffic during April to May amounted to 1.29 million 20-foot equivalent units, compared with 1.28 million tons a year earlier.

• Norway, Iceland, Liechtenstein Grant Bulgaria EUR 127 M

  Norway, Iceland, and Liechtenstein are granting Bulgaria funding amounting to EUR 126.6 M under Bulgaria-Norway and European Economic Area (EEA) mechanisms. The funding provided by Norway, Iceland, and Liechtenstein will be used to support Bulgarian projects in the fields of healthcare, education, cultural and natural heritage, green industry innovations, energy efficiency, renewable energy sources, and cooperation within the Schengen area. During the first program period, Bulgaria received EUR 41.5 M in Norway/EEA grants. Some of the first projects include a digital center at the National Library, a solar energy park, among others.

• Eminent Sponsors Confirmed for China Green Dairy Summit 2011

  China Green Dairy Event Update Noppen would like to announce that this week we have got some eminent sponsors to join the China Green Dairy Summit 2011, taking place on 25-26 August 2011, in Huhhot , Inner Mongolia, China. They are the Official Exhibitor Sponsor, Exxon Mobil. The Gold Sponsors, Premium Ingredients S.L, Allied Biotech Corporation and GRUNDFOS Pumps (Shanghai) Co. Ltd and the Silver Sponsors Stork Food & Dairy Systems B.V and KRONES AG. Additionally, this week we also confirmed expert Mr. Hans Peter to make an excellent speech at this event.

• Chemicals giant eyes Chinese market

  Dow Chemical Co will increase investment in China this year, which emphasizes the importance of the Chinese market amid economic uncertainties, the company said. "Dow Chemical's investment growth rate in China will increase by double-digits this year," said Peter Sykes, President of Dow Greater China. "In addition to our current multibillion-dollar coal-chemical project in Shaanxi province, our investment in the country will total several hundred million dollars over the next five years."

• India, Canada to soon Complete Ratification of Civil Nuclear Deal

  India and Canada are close to completing the ratification process of their civil nuclear agreement, paving the way for transfer of technology, sale of atomic reactors as well as uranium. Both the countries had signed the agreement last year which will provide access to Canadian nuclear industry into India's expanding nuclear market besides sale of uranium.

• India to Cooperate with OECD on Transfer Pricing

  India and the Organisation for Economic Cooperation and Development (OECD) have decided to co-operate in dealing with issues relating to transfer pricing and promote better tax compliance. This is in addition to taking measures to improving the prevention and regulation of cross border disputes.

• Mundra Port Plans LNG Expansion, Ups Coal Imports

  Mundra Port, the country’s largest private port,expects to import 40 percent more coal this year and open a liquefied natural gas terminal by 2015 to meet the growing power demands of Asia’s third largest economy.

• India, Singapore to exchange tax information

  India and Singapore today amended their Double Taxation Avoidance Agreement (DTAA), a move that will help both the countries exchange banking and tax related information more effectively.

• Big-ticket corporate deals to yield bumper tax for govt

  As corporate India unlocks value through mega deals, the Union government is smiling all the way to the bank. The government is likely to earn Rs 7,000 crore tax in the current financial year through just Vodafone-Essar, Vedanta-Cairn and Hero Honda deals.

• Why India's Fast Breeder Programme is Cutting Edge

  After three decades of hard work, and despite the devastating tsunami of 2004, the 500 megawatt Fast Breeder Reactor at Kalpakkam is coming up at a furious pace, says Shivanand Kanavi who visited it recently. It also happens to be the first tsunami-ready reactor in India.

• India, OECD to discuss Tax Reforms

  NEW DELHI: At a time when the government is accelerating efforts towards strengthing the country's taxation system, India and rich countries' club OECD will deliberate on challenges to international tax rules on Monday. Co-operation in global tax matters have gained prominence , especially after the G-20 crackdown on tax havens, which are being used to park unaccounted money worth billions of dollars.

• Chinese, Kazakh Presidents hold talks on Partnership

  Chinese President Hu Jintao and his Kazakh counterpart agreed Monday that their two countries will develop an all-round strategic partnership. The two sides also agreed to double bilateral trade volume by 2015 and hold regular meetings between their Prime Ministers. The heads of state have reached important consensus, Hu told a press briefing after the talks. '’s six-point proposal for the development of China-Kazakhstan all-round strategic partnership focused on political, trade, economic and clean energy co-operation, including nuclear, solar and wind energy. He added that China is ready to provide financial support for large-scale cooperation projects that interest both sides, expressing the hope that Kazakhstan could offer facilitation to Chinese companies that invest and start up businesses in the country.

• Turkish Cemre Shipyard receives two cargo ships order from Norway

  TURKEY's Cemre Engineering & Shipyard has bagged an order for two 2,000 dwt cargoships priced at NKr120m ($22m) from Norwegian shipping company Seaworks, Lloyds List reported.

• Mikron and GF Agie Charmilles Group's Head of Asia to Present at China High-End Machine Tool Summit

  Noppen are proud to announce that Mikron Group and GF Agie Charmilles Group, the famous Swiss machine tool builders, have assigned their Senior Manager of Asia and Head of Asia to make a speech at China High-End Machine Tool Summit, taking place on 9th and 10th June, 2011 at the Kempinski Hotel in Shenyang, China.

• GE Adds eSolar and Wind to Natural Power Plant Design in Turkey

  General Electric wants to be a big renewable energy player but doesn't want to give up building fossil fuel power plants. This resulted in the first hybrid project announced by GE and its customer, MetCap Energy Investments, on Tuesday to build a 530 MW power plant in Turkey. The project will include 50 MW of concentrating solar thermal energy production and 22 MW of wind. eSolar CEO, John Van Scoter, called the GE dea"transformational for the whole energy industry." Under ideal conditions, the hybrid plant can get over 70 percent efficiency. MetCap expects to start construction later this year and complete the project in 2015. The project will cost 400 million euros, Metin said.

• Vestas Competes With Enercon, Nordex for Turkey Wind-Power Sales

  Vestas Wind Systems A/S, the world's largest wind-turbine maker, will compete with Enercon GmbH and Nordex SE for market share in Turkey as the government awards more wind-power licenses, said Mehmet Ali Neyzi of Vestas. "Vestas is the biggest wind turbine supplier in Turkey with about 30 percent market share," Neyzi said in an interview. "Now that the government has paved the way for new licenses after a suspension period, competition has started to increase." A new law guarantees the government will purchase wind power for 7.3 U.S. cents per kilowatt hour. This is attracting investment after three years of lull, Neyzi said. Purchase prices for wind power in Europe are about 9 euro cents (13.15 U.S. cents). Vestas is studying options to build blades and nacelle casings in Turkey, the country being a good manufacturing location with its logistics advantages and quality workforce.

• CHINA/NETHERLANDS: Ausnutria to buy Hyproca Controlling Stake

  Chinese infant formula manufacturer Ausnutria Dairy is to buy a majority stake in Dutch dairy group Hyproca. Ausnutria stated on Friday (3 June) that it acquired a 51% stake in the firm, making it Hyproca's controlling stockholder. The Chinese group said it will create a research and development base in the Netherlands to help it "lay a foundation for its global market". Ausnutria plans to integrate Hyproca's global fine resources and develop the Dutch firm's global competitive R&D capabilities. The company also plans to build Hyproca's processing capacity to provide the Chinese market with "safer and higher-standard infant food".

• Changes in global accounting rules to affect Indian standards

  The changes relate to consolidation of financial statements, joint arrangements, and better disclosures of interest in other entities and measurement of fair value.
  These, when adopted by Indian companies, will restrict the flexibility they currently enjoy, and will have a bearing on profit, according to experts. India is committed to the international accounting standards, which has already been adopted by some 150 countries.

• India Airport-Work begins on Bengaluru terminal extension

  Bangalore International Airport Limited (BIAL) has started work on the expansion of Terminal 1 at Bengaluru International Airport. As reported once completed in around 18 months the move will double the existing terminal area of 70,000sq m. This development comes after the airport completed three years of operations. In that time it has posted a passenger growth rate of +18% per annum, the highest in the country.

• Nuclear energy required to meet power demand: Ramesh

  Nuclear energy required to meet power demand: Ramesh
  Energy sources like nuclear, thermal and fuel power projects are the only way to meet India's commercial energy needs, Environment Minister Jairam Ramesh said here today.

• Suzhou to Construct the 1st Movie-Theme Park in China

  On May 26th, Huayi Brothers Media Corp announced that the company had reached a framework agreement with Suzhou Industrial Park Administrative Committee that it would join hands with Suzhou Industrial District Yangcheng Lake Development Co., Ltd in building the first domestic movie theme park on the shores of Yangcheng Lake. According to the announcement, the park named Huayi Brothers Movie Theme Park is estimated to have attracted 3 billion RMB of investment and is to be completed in 2014-2015

• Ernst & Young Rank Bulgaria 32nd in Renewable Energy Attractiveness

  Bulgaria has been ranked among the most attractive countries in the world for investments in renewable energy projects, a report from the US auditing and consulting company Ernst & Young showed. The top three in the ranking are China, the US, and India while Bulgaria is among the top 35, according to the attractiveness indices. This is the first time Bulgaria is included in the report, ranking 32nd, ahead of for example Austria and the Czech Republic.

• Tax department to adopt international best practices: DG, International Taxation

  Tax department to adopt international best practices: DG, International Taxation
  Dash promised the tax professionals that the income tax department will adopt international best practices.
  The power of survey given to transfer pricing officers would be used sparingly by the tax department, assured Mr. R. N. Dash, Director General, International Taxation, and Government of India.

• Monkey Kingdom theme park set to open in China in 2014

  Developers in China are planning to create new theme park based on the classic 16th Century Chinese book, 'Journey to the West'. The CNY10 billion (US$1.5 billion) Monkey Kingdom is the brainchild of Zhonghong Real Estate Co, which is planning to create the 300-hectare integrated resort development on the outskirts of Beijing. It will include conference centers and hotels, as well as residential and retail elements. According to Zhonghong's Chairman, Wang Yonghong, the Monkey Kingdom will be a "Disney-quality park that tells the stories important to China".

• Turkey Shipbuilders and Dutch Marine Equipment Companies to build hundreds of vessels in Turkey

  Turkey's shipbuilding industry and Dutch marine equipment companies will receive the support of the Dutch and Turkish governments. According to Turkish shipping sources in Istanbul, the initiative is aimed at upgrading Turkey's ageing coastal fleet estimated to be around 600 vessels. The first stage of the project would see 100 coastal ships — defined as 5,000 dwt or more — begin construction in Turkey. The orders would be made in 10-vessel batches and work is expected to start this year. The agreement, signed in principle by the two governments, should see a flow of newbuilding orders into Turkish shipyards backed up by Dutch finance and carrying an upside for Dutch marine equipment suppliers.

• Indian Auto Industry set to Grow Bigger on Stronger Demand

  The Indian auto industry has remained in top gear in the month of May. Clearly, FY12 has gotten off to a good start and mainly due to strong domestic demand, reports CNBC-TV18‘s Swati Khandelwal.

• Bulgaria's 2020 Energy Strategy Focuses on Efficiency, Renewables

  The Bulgarian Parliament has adopted the country's much-anticipated Energy Strategy by 2020, which emphasizes energy efficiency and renewable energy sources. The document is directed towards ensuring reliable and easily accessible energy supplies at acceptable prices for Bulgarian citizens and the business sector, building consumers' trust in the market, bridging the yawning gap between Bulgaria and the rest of the EU in terms of energy efficiency and redirecting substantial financial resources towards a cleaner environment and a sustainable way of living. According to Martin Dimitrov, leader of the right-wing Union of Democratic Forces (UDF), the energy strategy has its positive sides, like the focus on energy efficiency and energy security, and its worrying aspects, like the Belene nuclear power plant project.

• India stands firm on nuclear power

  (UPI) Indian Prime Minister Manmohan Singh underlined the country's commitment to nuclear power in tandem with renewable energy sources.
  "One thing which is quite clear is that if India is to meet its emission targets, then nuclear energy along with renewable sources of energy is a combination which we need,'" Singh said at a news conference Tuesday with German Chancellor Angela Merkel during her visit to India.

• Indian aviation to be world's 3rd largest by decade end: Secretary

  (UNI) Civil Aviation Secretary Nasim Zaidi today said the Indian aviation sector; the nation's major economic driver for prosperity, development and employment, and a growth of 18 per cent, was poised to emerge as the world's third largest aviation market by the end of this decade. Addressing State Aviation Secretaries here, Mr Zaidi said this sector is likely to generate approximately 2.6 million jobs in the next ten years, while adding that a huge potential of this sector was yet to be tapped.

2011-May

• IFC picks Turkey as Regional Headquarters, plans to Invest USD 3 billion 

  The International Finance Corporation (IFC) is to invest USD 3 billion in Turkey over the next three years, according to Executive Vice President and CEO Lars Thunell. The World Bank Group organization uses its Istanbul office to cover 52 countries in Europe, the Middle East and North Africa (EMENA) regions. Underlining Turk's importance in IFC's operations, Thunell said that IFC is engaged in providing finance for SMEs through financial institutions in the country and is working to improve the energy sector. "We are aiming to increase our investments in Turkey due to the high competitiveness levels of the local industry. The total projected amount for the next 3-4 years is around USD 3 billion," said IFC CEO, adding that improvement on a massive scale is expected as a result.

• Qatargas Delivers First LNG Cargo to Jiangsu Terminal (China)

  Qatargas delivered its first cargo of liquefied natural gas (LNG) to PetroChina’s first LNG receiving terminal at Rudong, Jiangsu Province, the company said in a statement Thursday. The cargo was delivered by the Q-Flex LNG carrier “Al Rekayyat”.

• Bharti WalMart to open more cash-and-carry stores

  Bharti Walmart plans to open around 10 new cash-and-carry retail stores in India during 2011, said Raj Jain, managing director and CEO, Bharti Walmart.

• Ennore Port Increases Capacity

  Ennore Port will augment its anchorage facility to meet growing trade requirements.India’s first corporate port is currently equipped to handle 16 million tonnes of coal per year from its two dedicated coal berths manned by TNEB, while its third berth promoted by Chettinad International Coal Terminal, is a common user facility that can handle eight million tonnes per annum.

• Hilton Worldwide, Jones Lang LaSalle and Bekay Property Partners to Attend Turkey Hotel Expansion Summit

  Noppen are proud to announce that confirmed speakers for the Turkey Hotel Expansion Summit, to take place on 26-27 May 2011 in Istanbul, Turkey, include Asaad Farag, Group Director of Operations, Dedeman Hotels & Resorts International; Haluk Kaya, Chairman, Bekay Property Partners; Murat Yilmaz, Director - Hotel Development & Asset Management - Turkey, Russia, Kazakhstan, Capital Partners; Kevin Scholl, AIA, Senior Vice President, WATG; Mike Collini, Vice President Development - Turkey, Russia & Eastern Europe, Hilton Worldwide; and Elif Egeli Nisanci, Senior Vice President – Turkey, Jones Lang LaSalle Hotels.

• Volvo and Nissan to take Centre Stage at Turkey Auto Summit

  Noppen are pleased to announce that confirmed speakers for the Turkey Auto Summit, taking place on 26-27 May 2011 in Istanbul, Turkey, include Torben Eckardt, President, Volvo Car Overseas Corporation; Jan Nahum, Executive Director, Karsan; Ilker Ayci, President, Investment Support and Promotion Agency of Turkey (ISPAT); Dr. Ernst Scheid, Executive Vice President, FEV; Ilkim Sancaktaroglu, Deputy Director General, Nissan Turkey; and Suheyl Baybali, CEO, Komsan Otomotiv (FAW Turkey) just to name a few.

• Development of Solar Energy in Bulgaria Includes FIT

  Florida based GreenWorld Development, Inc., the American-Irish green and health technologies conglomerate, has been appointed as consultants for a 194 MW solar park in Bulgaria. The first 25MW of the plant is contract-ready. GreenWorld is negotiating with various funding groups for turnkey financing for the project ($4.5 million per megawatt). The Bulgaria State Electricity Board is guaranteeing a 20-year Feed-in-Tariff of 37.3 cents (Euro) per kilowatt hour. GreenWorld will receive a commission of 0.75% per megawatt investment, which will amount (once all of the 194MW are installed) to $6.5 million plus 5% equity participation.

• EBRD to allocate 9 billion Euros for energy efficiency projects

  EBRD to allocate 9 billion Euros for energy efficiency projects
  The European Bank for Reconstruction and Development has allocated 9 billion Euros for the energy-efficiency projects, says Terry McCallion, Director of the EBRD Department for Energy Efficiency. The EBRD is the largest investor in focusing on sustainable energy development. In 2008 the EBRD established Kazakhstan Sustainable Energy Finance Facility (KAZSEFF) to support energy saving in private sector through financing and consulting. The average volume of investments in energy efficiency varies from USD 250,000 to USD 2,500,000.
  Kazakhstan's potential in energy efficiency and renewable energy is big enough, but it is not used in full, according to the representatives of the EBRD say. Noteworthy to say, that these two aspects are key components of the country's modernization strategy.

• Bulgaria's Solarpro Holding books 2.6M leva profit in Q1 2011

  Bulgaria's Solarpro Holding books 2.6M leva profit in Q1 2011
  Bulgarian renewable energy firm Solarpro Holding finished the first quarter of 2011 with a net profit of 2.63 million leva. The company closed 2010 with a revenue of 15.1 million leva.
  "The market for engineering services, procurement and construction of solar parks has developed at a fast pace and has become a very promising part of the business model of Solarpro Holding," Nikolai Berov, Deputy Chairperson, said.
  Solarpro Holding is part of Bulgarian industrial and financial group Alfa Finance Holding, which is majority-owned by Dnevnik Daily and Capital Weekly publisher Ivo Prokopiev.

• Sinovel, Vestas and many more to Attend 4th Annual Advanced Wind Technology and Investment Summit

  The 4th Annual Advanced Wind Technology and Investment Summit will be held on May 12th-13th in Xinjiang Yindu Hotel, Urumqi, Xinjiang. Many industry leaders are confirmed to speak including Tong Tong, Marketing Director, Sinovel; Ken Xu, VP, Vestas China; Yaozu He, CEO, Suzlon China; Yundong Wu, President, HeWind; Jinze Li, Chief Designer, CSR Zhuzhou and many more.

• Key Industry Experts Set to Speak at 2nd China Automotive Market Expansion Summit

  Noppen would like to announce some key speakers to join the 2nd China Automotive Market Expansion Summit, taking place on 12-13 May 2011, in Shanghai. They include Mr. Ma Zhong, General Manager of Electro Mobile Business Unit, CH-Auto, Beijing; Mr. Daniel Buchter, CEO and Chairman, Delion AG; and Dr Matthew Cuthbertson, CEO of AutoCRC, which is now widely recognised as the primary centre for research collaboration in the Australian automotive sector.

• World Bank Supports Urban Rail Development in China

  The World Bank's Board of Executive Directors has approved two loans to the People's Republic of China to help improve mobility and quality of life for the people living in Kunming. The Kunming Urban Rail Project, funded by a US$300 million loan from the World Bank, will support the construction of the 19.5 km Line 3. The project development objective is to support compact, transit-oriented development in Kunming by providing high quality, integrated public transportation on the east-west Line 3 corridors.

• Hello Kitty Theme Park to Open in Anji

  After Disney broke ground in Shanghai and World Joyland opened in Changzhou, now, Hello Kitty also announced their plans for a park in Anji, Zhejiang Province.
  Sanrio Co., the Japanese company and the original designer of the Hello Kitty character will partner with a Chinese company, Zhejiang Yinrun Leisure Development to build the Hello Kitty theme park in Anji. Currently, there are two Hello Kitty theme parks in Japan. After the completion of this project, it will be the first international Hello Kitty theme park.
  The 95,000-square-meter Hello Kitty theme park is expected to open in 2014. The total investment of this project is around 215 million dollars.
  

• TURKEY-Automotive Sector-Car and light commercial vehicle sales up 64% in January-April 2011

  Sales of cars and light commercial vehicles in Turkey increased 64.06% in the first four months of 2011. The market reached a sales volume of nearly 260 thousand to hit a record high. Sales of cars were up 70.34 percent and light commercial vehicles rose over 52%.The largest increase, however, was in the sales of diesel-engine cars, increasing 100% and now representing over 60% of the total share of cars sold.
  TURKEY-Automotive Sector-Car and light commercial vehicle sales up 64% in January-April 2011
  Anadolu Agency
  May 05, 2011
  

• Renovatio Plans Solar Projects of 55 MW in Romania

  Cyprus-headquartered renewable energy company Renovatio has in place 55 MW of pipeline projects in solar development in Romania, according to the firm’s head of international business development Andre Fraga “For us Romania is one of the most promising solar markets in Europe,” Fraga told The Diplomat. By 2013 the company also expects to bring to operation a total of 75 MW of installed power in photovoltaics in Romania. Romania has a target of installing 260 MW in installed power in solar by 2020.

2011-Apr

• EBRD promotes energy efficiency projects in Bulgaria with €10 million credit line

  The EBRD (European Bank of Reconstruction and Development) is continuing to promote energy efficiency and renewable energy projects in Bulgaria with a €10 million credit line to DSK Bank for on-lending to local private companies investing in sustainable energy projects. The money will be used to encourage Bulgarian enterprises to implement energy efficiency and renewable energy projects, as well as to provide technical assistance in preparing investment projects… The project will encourage Bulgarian businesses to invest in rationalization of energy use, helping them to improve their efficiency and overall competitiveness, said Daniel Berg, Director Bulgaria, EBRD.
  EBRD promotes energy efficiency projects in Bulgaria with €10 million credit line
  Balkans.com
  April 29, 2011
  

• India Airport Event Update

  Noppen would like to announce that confirmed speakers at the India Airport Summit 2011, to take place on 23-24 June 2011, in New Delhi, India, include Mr. Tanaji Satre, Managing Director of CIDCO; Mr. Ansgar Sickert, Managing Director of Fraport India; Mr. Vincent Harrison, Director of Strategy, Regulations & B2B of Dublin Airport Authority; Mr. Gordon Griffiths, Asst. Director – Airport Developments of IATA and Mr. A.C.K. Nair, Airport Director of Cochin International Airport Ltd., just to name a few.

• Overseas investors require certainty in tax policies

  India is entering into exchange of information pacts with a host of tax havens (with whom India does not have tax treaties), such as Cayman, British Virgin Islands, etc. This is a good step. Yet, new provisions on the transfer pricing front provide that if a taxpayer enters into a transaction, where one of the parties to the transaction is located in a notified jurisdiction (one which does not effectively exchange information with India), all parties to that transaction shall be deemed to be 'related parties' covered by Indian transfer pricing regulations.
  Overseas investors require certainty in tax policies
  The Economic Times
  April 29, 2011
  

• Hyundai to Enter China’s Commercial Vehicle Market

  Hyundai Motor Company, South Korea’s largest automaker, today signed an agreement to establish a joint venture company with China’s Sichuan Nanjun Automobile Group Co. Ltd (Nanjun Auto) to enter the world’s biggest commercial vehicle market.

• Hyundai to Enter China’s Commercial Vehicle Market

  Hyundai Motor Company, South Korea's largest automaker, today signed an agreement to establish a joint venture company with China's Sichuan Nanjun Automobile Group Co. Ltd (Nanjun Auto) to enter the world's biggest commercial vehicle market.

• GVK Power & Infrastructure stops collecting airport fees

  GVK Power & Infrastructure, which controls two airport operators in India, said one of its units has stopped collecting fees from passengers at Mumbai airport after a ruling by the Supreme Court on Tuesday.
  GVK Power & Infrastructure stops collecting airport fees
  The Economic Times
  April 28, 2011
  

• Turkish PM unveils his "crazy project": Canal Istanbul

  Turkish Prime Minister Recep Tayyip Erdoganhas unveiled his long-awaited"crazy project", saying,"we will build a new waterway in Istanbul"to link the Black Sea to the Sea of Marmara that opens to the Aegean Sea.Erdogan's project"Canal Istanbul"will be built in the West of Istanbul.

• Sayaji Hotels to invest Rs 100 cr for expansion

  Vadodara-based Sayaji Hotels Ltd is planning to invest Rs 100 crore for expansion across India. The company will expand in Bangalore, Chennai, and Gurgaon to tap into the auto, IT and engineering industries.
  Sayaji Hotels to invest Rs 100 cr for expansion
  Sify.com
  April 27, 2011
  

• Chinese truck demand broke 1M-unit barrier  

  Sales of heavy-duty commercial vehicles in China reached 1.015 million units in 2010, a 60 percent increase over 2009 volume. For the fourth quarter of the year, 226,500 units were sold, a 23 percent increase over the same quarter of 2009 and an 11-percent increase over the third quarter of 2010, reports ACT Research.

• Kazakhstan expects 7% economic growth in 2011, Kelimbetov says

  Due to increasing investment and business activity in Kazakhstan, the country is expecting 7% economic growth in 2011. Minister Kairat Kelimbetov from the Ministry of Economic Development and Trade states that the growth will be further secured by the National Bank and Finance Ministry as well as the Kazakhstan Government and local executive bodies.
  Kazakhstan expects 7% economic growth in 2011, Kelimbetov says
  KAZINFORM
  April 26, 2011
  

• AAI to renovate old terminal

  The Airports Authority of India (AAI) is all set to convert the old international terminal of the Thiruvanathapuram Airport into a domestic terminal by giving it a face-lift. The corporate headquarters of the AAI has approved this proposal forwarded a couple of days ago and tenders would be floated soon for renovation.
  AAI to renovate old terminal
  Deccan Chronicle
  April 22, 2011
  

• AAI to renovate old terminal

  The Airports Authority of India (AAI) is all set to convert the old international terminal of the Thiruvanathapuram Airport into a domestic terminal by giving it a face-lift. The corporate headquarters of the AAI has approved this proposal forwarded a couple of days ago and tenders would be floated soon for renovation.
  AAI to renovate old terminal
  Deccan Chronicle
  April 22, 2011
  

• 6th Annual China Airport Summit

  Supported by Sanya Phoenix International Airport, the 6th Annual China Airport Summit took place on the 21-22 April 2011 in Sanya, China. With over 140 attendees, the event featured the most prominent industry leaders and government officials from across the globe who provided informative and inspiring discussions, tackled the best solutions to problems addressing airports with top experts and divulged new strategies and technologies that can be taken away and applied to individual airports across the world. Key speakers included Mr. Wang Zhi, Former Director General, Planning Department, CAAC who spoke on the current development of Chi¬nese airports, stressing the opportunities and challenges of airports expansion in the face of globalization; Mr. Lu Jianheng, Director, Planning Department, Civil Aviation Administration of China had just attended the CAAC meeting on the “Twelfth Five-Year Plan”; and Mr. He Yuncheng, Chief Director of the Aviation Technology Department and Head of PBN Design, China Academy of Civil Aviation Science and Technology introduced China’s PBN technology, a newly developed flight control technology that is used to ensure flight safety. “The activities promote communication between the airports, airlines and airport equipment and facility providers.”
  Shanghai Airport Group Co Ltd

• BHEL-Alstom consortium bags order for 700 Mwe Nuclear Sets from NPCIL

  The BHEL-Alstom consortium has received an order from Nuclear Power Corporation of India Limited (NPCIL), valued at over Rs.16,000 Million, for Steam Turbine Generators (new rating 700 MWe Nuclear Sets), based on Pressurized Heavy Water Reactors. In value terms, BHEL's share in the contract is around Rs.8,800 Million.
  BHEL-Alstom consortium bags order for 700 Mwe Nuclear Sets from NPCIL
  MACHINIST.IN
  New Delhi, April 21, 2011
  

• Double Taxation Avoidance Agreements with 3 countries approved

  In an effort to bring back black money stashed abroad, the Government is to have approved the signing of Double Taxation Avoidance Agreements (DTAA) with three countries. Sources in the Government said here that the Union Cabinet gave its nod to the Finance Ministry's proposal to sign DTAAs with Ethiopia, the Netherlands and Singapore.
  Double Taxation Avoidance Agreements with 3 countries approved
  The Economic Times
  New Delhi, April 21, 2011
  

• No soft landings here

  After more than a decade without any worthwhile investment for developing airports' infrastructure, India's aviation sector is on the move again. More than five years ago, a bold policy decision was taken by the government to encourage private investment in the sector along the public-private partnership model (PPP). This opened the gates for attracting private entrepreneurs to invest in airports and airline infrastructure. The ministry of civil aviation has estimated that domestic traffic in India by 2020 could be of in the order of 160 million passengers with international traffic likely to exceed 50 million. India's aircraft requirement by 2020 is estimated to be 1,000-odd aircraft in a mix, depending on the traffic circuits and economic development of various regions.
  No soft landings here
  Hindustan Times
  April 21, 2011
  

• BHEL-Alstom consortium bags order for 700 Mwe Nuclear Sets from NPCIL

  The BHEL-Alstom consortium has received an order from Nuclear Power Corporation of India Limited (NPCIL), valued at over Rs.16,000 Million, for Steam Turbine Generators (new rating 700 Mwe Nuclear Sets), based on Pressurized Heavy Water Reactors. In value terms, BHEL's share in the contract is around Rs.8,800 Million.
  BHEL-Alstom consortium bags order for 700 Mwe Nuclear Sets from NPCIL
  MACHINIST.IN
  New Delhi, April 21, 2011
  

• Double Taxation Avoidance Agreements with 3 countries approved

  In an effort to bring back black money stashed abroad, the Government is to have approved the signing of Double Taxation Avoidance Agreements (DTAA) with three countries. Sources in the Government said here that the Union Cabinet gave its nod to the Finance Ministry's proposal to sign DTAAs with Ethiopia, the Netherlands and Singapore.
  Double Taxation Avoidance Agreements with 3 countries approved
  The Economic Times
  New Delhi, April 21, 2011
  

• 6th Annual China Airport Summit Update

  Noppen are proud to announce that HNA Group, the fourth largest airline group and the third biggest airport group in China, has issued its support for Noppen's 6th Annual China Airport Summit, taking place on 21st and 22nd April, 2011 at the Marriott Resort & Spa in Sanya. Hainan Province is upgrading its airport services and infrastructure to support the "Hainan International Tourism Destination" project. HNA Group and Noppen will work together attract top level speakers from local and international airports, to discuss topics such as how to make airports run more efficiently and improve both non-aeronautical and aeronautical revenue.

• MAN and Sinotruk introduce new truck brand

  MAN and Sinotruk unveil SITRAK - a new joint truck brand for China and other growth markets in Asia.The Auto Shanghai 2011 motor show saw Chunji Ma, Supervisory Board Chairman of Sinotruk, and Dr. Georg Pachta-Reyhofen, CEO of MAN SE, unveil a new joint truck brand for China and other growth markets in Asia, the Middle East, Africa, and the Commonwealth of Independent States (CIS).

• Paccar Considers Entry to China Truck Market

  Paccar is evaluating the possibility of building and selling over-the road trucks in China, however, whilst Paccar Inc. has no immediate plans to sell DAF trucks in China, the Bellevue-based company hopes to eventually find a joint venture partner among China's 40 truck builders to build a truck for China, according to Paccar Chairman and CEO Mark Pigott. In addition, Paccar sells bus engines in China, and just won China's 'Coach Engine of The Year' award for the fifth time. Pigott declined to name a timeline about when a joint venture might be launched but a joint venture is required because truck building is one of five 'protected' industries in China, he said. "We're continuing to examine the possibility of a joint venture with a Chinese partner. We continue to have conversations, discussions and analysis with many of the Chinese truck manufacturers," he said, adding that any trucks will have to be localized for cost and quality requirements.

• Four Seasons to sign three-four new hotel projects in India

  Global hospitality major Four Seasons Hotels and Resorts today said it is looking to expand presence in India and is expecting to sign three-four new hotel projects in the country over the next five years.
  Four Seasons to sign three-four new hotel projects in India
  In.msn.com
  New Delhi, April 20, 2011
  

• Italian Companies Eager to Invest in Bulgaria's Renewable Energy

  A number of Italian companies have declared readiness to invest in the development of Bulgaria's renewable energy sector at a round table organized by Confindustria Bulgaria, the association of Italian businesses working in the country. "It's impossible to have development without energy and the main goal is to link the economic development with environmental protection", the Chairman of the Consortium for renewable energies of Bulgaria Plamen Dilkov affirmed. Confindustria Bulgaria has 250 members at present including companies such as Unicredit Bulbank, Generali, Enel, Italcementi.
  Italian Companies Eager to Invest in Bulgaria's Renewable Energy
  InvestBulgaria.com
  April 19, 2011
  

• India for review of tax treaty with Mauritius

  India is set to step up pressure on Mauritius to review its tax treaty with the country. The finance ministry has asked the ministry of external affairs to initiate talks with Mauritius on the issue. "The finance ministry has written to MEA for renegotiation of the tax treaty to ensure exchange of information of banking transactions and assistance in tax matters," Central Board of Direct Taxes Chairman Sudhir Chandra told reporters. Indian tax authorities are keen to introduce provisions in the treaty that will restrict its benefits to genuine investors through a limitation of benefit clause.
  India for review of tax treaty with Mauritius
  The Economic Times
  New Delhi, April 19, 2011
  

• Carlson develops new brand version for Indian market

  Carlson is planning to grow the number of Country Inns & Suites By CarlsonSM in operation in India from the current 11 to more than 50 hotels over the next 10 years, with five hotels scheduled to open in 2011.
  Carlson develops new brand version for Indian market
  4Hoteliers
  April 19, 2011
  

• India for review of tax treaty with Mauritius

  India is set to step up pressure on Mauritius to review its tax treaty with the country. The finance ministry has asked the ministry of external affairs to initiate talks with Mauritius on the issue. "The finance ministry has written to MEA for renegotiation of the tax treaty to ensure exchange of information of banking transactions and assistance in tax matters," Central Board of Direct Taxes Chairman Sudhir Chandra told reporters. Indian tax authorities are keen to introduce provisions in the treaty that will restrict its benefits to genuine investors through a limitation of benefit clause.
  India for review of tax treaty with Mauritius
  The Economic Times
  New Delhi, April 19, 2011
  

• Carlson develops new brand version for Indian market

  Carlson is planning to grow the number of Country Inns & Suites By CarlsonSM in operation in India from the current 11 to more than 50 hotels over the next 10 years, with five hotels scheduled to open in 2011.
  Carlson develops new brand version for Indian market
  4Hoteliers
  April 19, 2011
  

• Bosch Group to Invest EUR 400 million in Turkey, Focus on Solar Energy 

  Germany’s Bosch Group, with operations in automotive, household appliances and energy industries, plans to invest EUR 400 million in Turkey over the next two years. The company reached a turnover of EUR 1.7 billion in Turkey in 2010, mostly from domestic sales and exports originating from Turkey, according to Bosch Board Member Rudolf Colm, responsible for operations in Europe, Russia, the Middle East and Africa. “We plan to invest an additional EUR 400 million in Turkey until 2013 and create jobs for some 1,000 people,” said Colm, adding that Bosch’s future plans in Turkey involve projects in solar energy. Turkey is considered to be one of the key countries in solar energy with long insulation periods similar to Spain, Italy and North African countries. “Turkey offers tremendous opportunities in solar energy that Bosch cannot afford to ignore,” said Colm.

• Rediff News

  Despite the nuclear crisis in Japan, Prime Minister Dr Manmohan Singh on Saturday night batted for nuclear power as an essential option of energy and said the present "nervousness" in the world would end when the issue is discussed in a "cool-headed" manner.
  Nuclear energy remains essential option despite Japan: PM
  Rediff News
  April 17, 2011
  

• Nuclear energy remains essential option despite Japan: PM

  Despite the nuclear crisis in Japan, Prime Minister Dr Manmohan Singh on Saturday night batted for nuclear power as an essential option of energy and said the present "nervousness" in the world would end when the issue is discussed in a "cool-headed" manner.
  Nuclear energy remains essential option despite Japan: PM
  Rediff News
  April 17, 2011

• Interservice Uzunovi to Install 1 MW Solyndra Project in Bulgaria

  Solyndra LLC, the leading global provider of solar systems for the commercial and industrial rooftop market, headquartered in the US and Bulgarian Interservice Uzunovi have signed a contract for a 1MW installation on the rooftops of a leading Bulgarian logistics company. The project highlights the continued adoption of Solyndra's rooftop solar PV systems in Bulgaria and in South Eastern Europe.
  Interservice Uzunovi to Install 1 MW Solyndra Project in Bulgaria
  Businesswire
  April 15, 2011
  

• 2nd Annual China Mining Technology and Investment Summit

  Noppen held their exclusive 2nd Annual China Mining Technology and Investment Summit on April 14th to 15th, 2011 in Kunming, Yunnan, a region with the richest mining resources in China. Supported by Kunming People's Municipal Government and Kunming Municipal Bureau of Investment Promotion, this summit was attended by over 100 major mining groups and mine owners from across China. Mr. Hong Weizhi, the Vice Secretary of Kunming People's Municipal Government opened the event welcoming all the delegates to do business in Kunming in the near future. Mr. Luo Xiaolin, the Vice Chief of Kunming Municipal Bureau of Investment Promotion introduced the opportunities and investment environment of Kunming and keynote speaker Richard Li, President of China Region, Eldoradogold shared with us experiences and case studies based on Eldoradogold's green mining development. "Good organization and an excellent atmosphere" Voith Turbo GmbH.

• Chevron plans Kazakh wind power - presidential site

  US energy giant Chevron will invest in the construction of a wind farm and contribute its share to the development of renewable energy sources in Kazakhstan. Chevron Chief Executive John Watson stated that Chevron will construct a wind farm in Kazakhstan after a meeting with Kazakh President Nursultan Nazarbayev.
  Chevron plans Kazakh wind power - presidential site
  Reuters
  April 14, 2011
  

• N-plants plan quake shutdown - Closure at slightest risk and hook-ups for quick water supply

  India will buttress safety at its nuclear power plants and gear them for automatic shutdowns during earthquake-triggered ground movements under a plan penciled after the nuclear crisis in Japan. The Nuclear Power Corporation (NPC), which operates India’s 20 commercial nuclear reactors, said it will initiate action to implement the plan which seeks extra safety to tackle a Fukushima-type scenario where all power was lost after reactor shutdowns.
  N-plants plan quake shutdown - Closure at slightest risk and hook-ups for quick water supply
  The Telegraph-India
  New Delhi, April 14, 2011
  

• Some global airlines may shift to Navi Mumbai

  Some global airline companies favor the shifting of their entire operations to the Navi Mumbai International Airport, which will become operational in 2014. The bidding process for the airport is in July. A senior state government official told TOI on Wednesday that airline majors from the US, Europe and Middle East have expressed interest in the second city airport in view of the opportunities that will be provided for take-offs and landings at destinations in western countries as per their schedules.
  Some global airlines may shift to Navi Mumbai
  Times of India
  April 14, 2011
  

• A Turkish Automotive Brand Will Contribute To All Sectors - Industry Minister

  The Turkish government is ready to extend all the support and take all the necessary steps in order to turn the Turkish automotive sector into a leading sector in the world. "We invite the brands that do not have production facilities in Turkey to come to our country and manufacture their products here," the Turkish Industry & Trade Minister Nihat Ergun said. Ergun also noted that Turkey could become a more powerful country in the global automotive sector if it developed its own automobile brand in the current period and attached more importance to design and R&D activities.
  A Turkish Automotive Brand Will Contribute To All Sectors - Industry Minister
  BERNAMA
  April 14, 2011
  

• N-plants plan quake shutdown - Closure at slightest risk and hook-ups for quick water supply

  India will buttress safety at its nuclear power plants and gear them for automatic shutdowns during earthquake-triggered ground movements under a plan penciled after the nuclear crisis in Japan. The Nuclear Power Corporation (NPC), which operates India’s 20 commercial nuclear reactors, said it will initiate action to implement the plan which seeks extra safety to tackle a Fukushima-type scenario where all power was lost after reactor shutdowns.
  N-plants plan quake shutdown - Closure at slightest risk and hook-ups for quick water supply
  The Telegraph-India
  New Delhi, April 14, 201
  

• A Turkish Automotive Brand Will Contribute To All Sectors - Industry Minister

  The Turkish government is ready to extend all the support and take all the necessary steps in order to turn the Turkish automotive sector into a leading sector in the world. "We invite the brands that do not have production facilities in Turkey to come to our country and manufacture their products here," the Turkish Industry & Trade Minister Nihat Ergun said. Ergun also noted that Turkey could become a more powerful country in the global automotive sector if it developed its own automobile brand in the current period and attached more importance to design and R&D activities. A Turkish Automotive Brand Will Contribute To All Sectors - Industry Minister
  BERNAMA
  April 14, 2011

• 2nd Annual China Green Mining Summit Update

  Noppen would like to announce that confirmed speakers at the 2nd Annual China Green Mining Summit, to take place on 14-15 April 2011, in Kunming, Yunnan Province, include Yao Yong, Deputy Inspector, Technology and Equipment Department of the State Administration of Coal Mine Safety; Fredirick M. M. Shava, Ambassador of Extraordinary and Plenipotentiary of Embassy of Zimbabwe; and John Coulter, Mining Advisor for the State Council, just to name a few.

• Oberois plan to set up four hotels by 2014

  The Oberoi Group, as part of its expansion plan, will operate four new properties at home and abroad by 2014, including two in Hyderabad. The Group will open a new hotel in Hyderabad next year with 320 rooms, followed by a 250-room property in Dubai. In 2013, the Group will open another property in Hyderabad with 220 rooms.
  Oberois plan to set up four hotels by 2014
  The Telegraph-India
  New Delhi, April 12, 2011
  

• Dubai-based group, Russian company to produce nuke power equipment

  Dodsal, a Dubai-based multinational group and Atomenergomash (AEM), a Russian heavy-equipment engineering company that specializes in the fields of nuclear and conventional energy, have agreed to jointly produce nuclear power equipment in India and later in the Middle East. They announced their collaboration on Tuesday, after nearly a year of discussions in Moscow, Mumbai, and Dubai. Rajen A. Kilachand, Chairman and President of Dodsal Group, and Vladimir Kashchenko, Chief Executive Officer of AEM, said in Dubai on Tuesday that their plan initially calls for a manufacturing unit to be established in India. The first investment would be $150 million, they said, adding that the unit was expected to start production by early 2013.
  Dubai-based group, Russian company to produce nuke power equipment Al Arabiya News
  April 12, 2011
  

• Oberois plan to set up four hotels by 2014

  The Oberoi Group, as part of its expansion plan, will operate four new properties at home and abroad by 2014, including two in Hyderabad. The Group will open a new hotel in Hyderabad next year with 320 rooms, followed by a 250-room property in Dubai. In 2013, the Group will open another property in Hyderabad with 220 rooms.
  Oberois plan to set up four hotels by 2014
  The Telegraph-India
  New Delhi, April 12, 2011

• Dubai-based group, Russian company to produce nuke power equipment

  Dodsal, a Dubai-based multinational group and Atomenergomash (AEM), a Russian heavy-equipment engineering company that specializes in the fields of nuclear and conventional energy, have agreed to jointly produce nuclear power equipment in India and later in the Middle East. They announced their collaboration on Tuesday, after nearly a year of discussions in Moscow, Mumbai, and Dubai. Rajen A. Kilachand, Chairman and President of Dodsal Group, and Vladimir Kashchenko, Chief Executive Officer of AEM, said in Dubai on Tuesday that their plan initially calls for a manufacturing unit to be established in India. The first investment would be $150 million, they said, adding that the unit was expected to start production by early 2013.
  Dubai-based group, Russian company to produce nuke power equipment
  Al Arabiya News
  April 12, 2011
  

• 2nd China Automotive Market Expansion Summit Update

  Noppen would like to announce that confirmed speakers for the 2nd China Automotive Market Expansion Summit, to take place on 12-13 May 2011 in Shanghai, include Mr. Robert J Earley, Clean Transportation Program Manager, Innovation Center for Energy and Transportation; Mr. Klaus Paur, Managing Director, Synovate; and Mr. Shen Jun, Vice President and Partner, Roland Berger Strategy Consultants GmbH, just to name a few.

• Is this a good idea? Thorium nuclear reactors?

  Thorium has huge potential advantages over uranium and plutonium. It's abundant in nature — the world has about 12 million tons of monazite, the raw material from which thorium is milled, according to the World Nuclear Association. And thorium generates energy more efficiently than uranium 235, while producing much, much smaller amounts of waste. More importantly, from the perspective of those who are unnerved by the accident at Fukushima-Daiichi, thorium reactors may be a lot more catastrophe proof.
  Is this a good idea? Thorium nuclear reactors?
  Discovery.com
  April 08, 2011
  

• Indian Hotels surges on expansion buzz

  Indian Hotels reportedly aim to add between 1,500 - 2,000 rooms in the current fiscal year across 11 new properties. The hotel chain operator plans to increase its rooms in India to 20,000 by 2015 from the current 13,250, reports added. 'India stands out due to the size of the opportunity here' – Starwood Hotels & Resorts. Starwood Hotels & Resorts Worldwide is on an expansion spree in India. With familiar names like Sheraton and Le Meridien already here, the company is set to introduce more brands, with the proposed launch of its luxury hotel, W, in Mumbai.
  Indian Hotels surges on expansion buzz
  India Infoline
  New Delhi, April 07, 2011
  

• Indian Hotels surges on expansion buzz

  Indian Hotels reportedly aim to add between 1,500 - 2,000 rooms in the current fiscal year across 11 new properties. The hotel chain operator plans to increase its rooms in India to 20,000 by 2015 from the current 13,250, reports added. 'India stands out due to the size of the opportunity here' – Starwood Hotels & Resorts. Starwood Hotels & Resorts Worldwide is on an expansion spree in India. With familiar names like Sheraton and Le Meridien already here, the company is set to introduce more brands, with the proposed launch of its luxury hotel, W, in Mumbai.
  Indian Hotels surges on expansion buzz
  India Infoline
  New Delhi, April 07, 2011
  

• UNIDO Partners with Noppen for 5th Annual China Nuclear Power Congress

  Noppen is excited to announce that The United Nations Industrial Development Organization is now a co-organizer for the 5th Annual China Nuclear Power Congress. UNIDO is a specialized agency of the United Nations devoted to helping developing countries pursue sustainable industrial development in cooperation with more than 170 member states. UNIDO's record of accomplishments worldwide includes environmental protection, clean technology and new energy projects that support the Kyoto Protocol, United Nations Development Program, Montreal Protocol, Global Environment Fund and the Convention on Persistent Organic Pollutants. UNIDO will be keynote speaker at the event.

• 6th Annual China Airport Summit Update

  Incheon Airport, Berlin Airport and Sydney Airport have been confirmed to speak at the 6th Annual China Airport Summit, organized by HNA Group and Noppen. HNA Group is the fourth largest airlines group and third largest airport group in China. HNA Group and Noppen will bring in senior executives from major China airports and leading international airports to discuss how to make airports run more efficiently and improve both non-aeronautical and aeronautical revenue.

• India cannot ignore nuclear energy

  India cannot afford to ignore nuclear energy, said Vaclav Bartuska, ambassador-at-large for energy security, Czech Republic, on Wednesday. Speaking at the Indian Merchants' Chamber on 'Energy Security: Lesson from Japan Earthquake', Bartuska said that fundamentally nothing will change in India's nuclear policy. "India needs to build thousands of megawatts to develop and grow and the government has an important task, similar to the situation in China or Brazil," said Bartuska.
  'India cannot ignore nuclear energy'
  Hindustan Times
  April 07, 2011

• China to boost development of machinery industry

  China's top political advisor Jia Qinglin called for more efforts to push forward the development of the country's machinery industry. He noted that the machinery industry should push forward industrial upgrades over the 12th Five-Year Plan period (2011-2015), raise the quality and efficiency of the industry, accelerate mergers and acquisitions to forge conglomerates, and enhance the industry's ability to withstand risks.
  China to boost development of machinery industry
  China Business News
  April 6, 2011

• EVN Starts Building Solar Park Near Black Sea Port of Burgas in Bulgaria

  Seeing Bulgaria as the future frontier of solar growth, Austria's second-biggest utility, EVN, that runs power plants in southern Bulgaria started construction on a 10-million lev ($7.3 million) solar park near the Black Sea port of Burgas. Having successfully constructed a 6 million lev solar farm in Bulgaria last year, EVN is continuing their expansion in Bulgaria. EVN Starts Building Solar Park Near Black Sea Port of Burgas in Bulgaria Bloomberg April 06, 2011

• India should go ahead with nuclear energy programme: Kalam

  AGRA: Former President A P J Abdul Kalam today said nuclear radiation problems created in Japan following the Tsunami and earthquakes should not deter India from going ahead with nuclear energy programmes. "Nuclear plants should and would continue to operate. Accidents did happen but there were always solutions to problems and precautions to be taken," he said during his Diamond Jubilee Lecture at DEI Deemed University Dayalbagh. India should go ahead with nuclear energy programme: Kalam The Economic Times April 06, 2011

• China High-End Machine Tool Summit Update

  Noppen is proud to announce that CECIMO (European Machine Tool Industry Association) is now a Strategic Partner for the China High-End Machine Tool Summit 2011.CECIMO represents the common interests of the European Machine Tool Industries, particularly in relation to authorities and associations. The members of CECIMO are the 15 National Associations of machine tool builders that represent over 1600 industrial enterprises in Europe. The Director General of CECIMO, Mr.Filip Geerts, will be a keynote speaker at the summit.

• IHG and Duet India Hotels Group to Develop 19 Holiday Inn Express Hotels

  IHG will invest in Holiday Inn Express through a 24% equity stake, making a multi-year investment of US$30 million into the partnership. This investment will go into a fund to support the building of the 19 hotels over the next five years. These 19 Holiday Inn Express hotels will add approximately 3,300 rooms to IHG's current India development pipeline of over 10,000 rooms (46 hotels) and are expected to be operational by 2016. IHG and Duet India Hotels Group to Develop 19 Holiday Inn Express Hotels Hotel News Resource April 06, 2011

• China: New hotel services aimed at Chinese and Indian tourists

  The Chinese tourism market is predicted to overtake Japan as the worlds second-largest by 2013 and then account for 14 percent of the global market by 2020; it may not be too long before the rest of the world's hotels have to diversify their breakfast buffets.
  China: New hotel services aimed at Chinese and Indian tourists
  The Independent
  April 05, 2011
  

• Vodafone moves Supreme Court against tax claim

  Telecom service provider Vodafone said Tuesday it has challenged in the Supreme Court the penalty levied by the income tax department on its acquisition of Hutchison Wampoa's majority stake in Hutch Essar in India. After the 2007 acquisition, the company was renamed Vodafone Essar. Vodafone last week bought out the Essar stake for $5 billion. "It is difficult to understand the rationale behind the tax authorities seeking to impose penalties on a matter which the tax authorities have, themselves, described as a 'test case'," the company said in a statement. "The position being taken by the tax authorities is both unprecedented and also out of step with international taxation principles governing acquisitions, which are designed to encourage investment," it added.
  Vodafone moves Supreme Court against tax claim Mangalorean.com April 05, 2011

• Starwood on Track to Open 50th Hotel in India by 2012, Doubling Its Footprint in Two Years

  Starwood Hotels & Resorts Worldwide, Inc. announced it will lengthen its lead with more four and five star hotels in India than any other hotel company with the opening of seven additional hotels in 2011, resulting in a total portfolio of 37 hotels in India by year's end. Key openings in 2011 include Le Méridien Coimbatore and Sheraton Bangalore Hotel at Brigade Gateway, adjacent to the World Trade Center. "Already our fourth largest market, India is second only to China in terms of our future global growth," said Frits van Paasschen, President and Chief Executive Officer of Starwood Hotels & Resorts. "Given India's growing wealth, infrastructure demands and accelerating stature as a global business hub, our opportunity here is vast. India today is still an 'under-hoteled' market and the demand for high-caliber lodging is expected to far exceed current supply for the next three to four years."
  Starwood on Track to Open 50th Hotel in India by 2012, Doubling Its Footprint in Two Years Hotel News Resource April 05, 2011

• Vodafone seeks AAR's opinion on tax liability in $5-bn Essar deal

  Vodafone is at present locked in a 11,000-crore dispute with the Indian income tax department over its purchase of Hutchison Whampoa's stake in what was then called Hutchison Essar (now Vodafone Essar) venture four years ago. Vodafone seeks AAR's opinion on tax liability in the $5-bn Essar deal.
  Vodafone seeks AAR's opinion on tax liability in $5-bn Essar deal
  The Economic Times
  April 01, 2011

2011-Mar

• Dutch to Invest in Bulgarian Solar Power Park

  Dutch company Infinity Energy Holding AG will invest EUR 50M in a solar power installation near the Bulgarian town of Devnya. First part of the installation of 5 MW will be completed by the end of 2011 followed by the second 10MW part next year. The interest in Renewable Energy and in specific PV has been steadily growing for a number of years in the Balkan region. This region will continue to develop, and present opportunities for local and international businesses. A strong will to become less depended on fossil fuels is driving the market development.
  Dutch to Invest in Bulgarian Solar Power Park
  The Bioenergy Site
  March 31, 2011

• US-Dutch Company to Build Europe’s Biggest Solar Plant in Turkey 

  GiraSolar, a US-Dutch solar company, has begun talks with a local energy company to build Turkey’s first and Europe’s biggest photovoltaic power station, while also manufacturing solar panels for export to Europe. “We are planning to build Europe’s biggest solar plant in Turkey,” Chief Executive Officer Wieland M. Koornstra told the Hurriyet Daily News and Economic Review during a Dutch business mission to Istanbul last week. Noting the importance of Turkey in the world’s solar energy sector, Koornstra said GiraSolar had held talks with a Turkish energy giant on building a solar power station in the south of Turkey. He said the plant will generate 100 megawatts (MW) of energy.

• India can't do without N-power: Principal scientific advisor

  India cannot do without nuclear power if it wants to improve the standard of life for people in the country, Principal Scientific Advisor of the Government of India, Dr R Chidambaram said. "Making technology choices requires foresight and forecasting as per the country's needs and in order to improve the quality of life and standard of living of people India cannot do without nuclear power," he said.
  India can't do without N-power: Principal scientific advisor
  Press Trust of India
  Mumbai, March 29, 2011

• China's nuclear safety assured

  With the continuing deterioration of damaged nuclear reactors in Fukushima in neighboring Japan, China has called for a comprehensive safety check and revision of safety standards for all nuclear plants. The country is determined to put strict censorship on nuclear plant site selection and power plant safety management. It seems China will not move away from nuclear power, in actuality, a slow in nuclear plant construction in China is not likely according to the National Energy Development Plan.
  China's nuclear safety assured
  China.org.cn
  March 28, 2011

• Airports Authority of India IPO next year

  The Airports Authority of India (AAI) will come out with its initial public offering (IPO) sometime next year, said its Chairman V. P. Agrawal. Only when the right evaluation came through could they go ahead, with a strong business plan in place, ahead of the IPO. The corporatisation will give AAI access to funds, formulate strategies and enable it to function as an entity accountable to a Board of Directors, he said.
  Airports Authority of India IPO next year
  The Hindu
  March 26, 2011

• 3rd China Solar Energy Technology and Investment Congress updated

  Supported by Changzhou People's Municipal Government and UNIDO ITPO-CHINA, the 3rd China Solar Energy Technology and Investment Congress organized by the Administrative Committee of Changzhou National High-Tech District and Noppen took place on 24-25 March 2011 in Changzhou. With over 150 attendees the congress brought together senior government officials, leading solar cell manufacturers and equipment suppliers from all over the world to discuss the latest industrial policies, China's major solar projects progress, and advanced technology solutions and equipment selection. Key speakers at the event included Han Jiuyun, the Vice Mayor of Changzhou People's Municipal Government; Dai Yuan, Secretary of the Party Working Committee of Changzhou National Hi-tech District; Dr. Ren Dongming, Director, Center for Renewable Energy Development, Energy Research Institute, NDRC; Dr. Yu Pingrong, Director, Solar Energy Center at Beijing University; and Dr. Luo Xiang, National Program Director, UNIDO ITPO-CHINA. The event concluded on day three with a site tour to Trina Photovoltaic Industrial Park with some of Trina Solar's senior leaders and also a visit to Changzhou National Hi-tech District. "The content was well-rounded and the event professional, really top notch!" China Power Investment Jiangsu Branch

• Chatwal ties with Wyndham for major hotel expansion in India

  Chatwal Hotels & Resorts has entered into an agreement with Wyndham Hotel Group to set up 50 hotels in India in the next 5 years in order to expand its' Dream and Night brand. Noted Indian American hotelier Sant Singh Chatwal stated "India has just 100,000 hotel rooms at present. It can easily seek 100,000 more".
  Chatwal ties with Wyndham for major hotel expansion in India
  The Economic Times
  New York, March 24, 2011

• Russia, Turkey and Poland are predicted to account for an estimated 79% of regional retail sales in 2011

  Turkish automotive sales are expected to rise by nearly 38% from US$16.21bn in 2011 to US$25.42bn. Auto sales are expected to continue growing through to 2015, where the market is expected to reach sales of 920,938 units. Russia, Turkey and Poland are predicted to account for an estimated 79% of regional retail sales in 2011 Balkans.com March 22, 2011

• Surge in demand for machine tool accessory manufacturing capacity need to improve

  In recent years, with rapid and stable economic development, revitalization of the equipment manufacturing industry, the manufacturing technology upgrading and modernization of national defense, and demand for increased investment in fixed assets, driven by rapid growth, China's machine tool market is in a booming production and demand situation. Surge in demand for machine tool accessory manufacturing capacity need to improve Lookmach,com March 20, 2011

• India to push ahead with nuclear power

  The radiation crisis in Fukushima has prompted India to review all new nuclear reactor designs in the country, said Dr. Srikumar Banerjee, Chairman, Atomic Energy Commission. But India will continue to push ahead with its nuclear power plans and will break ground on eight new reactors this year, he added.
  India to push ahead with nuclear power
  The Times of India
  March 19, 2011

• 3rd China Solar Energy Congress Update:

  After the resounding success of the 3rd China Solar Energy Technology and Investment Congress held on March 24th and 25th in Changzhou, China; Luo Xiang of UNIDO expressed great interest in Noppen's upcoming 4th Annual Advanced Wind Technology and Investment Summit and 5th Annual China Nuclear Power Congress, both taking place in May 2011. Mr. Luo is delighted that UNIDO will support Noppen's upcoming meetings and attribute keynote speeches onsite.

• 5th Annual China Nuclear Power Congress Update

  Co-organized by Chengdu Municipal Government and the United Nations Industry Development Organization, and endorsed by Dongfang Electric and China National Erzhong Group, Noppen's 5th Annual China Nuclear Power Congress will take place on 19-20 May 2011 in Chengdu, China. As one of Noppen's most successful series, this year's event will focus on nuclear power safety development, preview upcoming safety regulations and analyze China's future development plan. The conference will also discuss advanced safety technologies for plant management and maintenance, and the most up-to-date progress reports on major projects across China.

• Airports Authority of India seeks funds to cater for traffic growth; 14 Greenfield plans approved

  In Feb 2011 the Airports Authority of India (AAI) stated it requires additional funding to keep pace with the fleet and traffic expansion expected in India over the next few years. AAI, which invested around USD 265 million in modernization projects in 2010, has also outlined the status of 14 Greenfield airports in India which have been granted 'in-principle' approval.
  Airports Authority of India seeks funds to cater for traffic growth; 14 Greenfield plans approved
  Center for Asia-Pacific Aviation
  March 15, 2011

• Turkey: Auto market expands significantly in February

  Turkey's auto production has been expanding exponentially in recent months. "With increased demand from both domestic and export markets, vehicle production in the country grew by 21.4% last month. From 82,521 vehicles produced in February last year, output rose to 100,179 units."
  Turkey: Auto market expands significantly in February
  AutomotiveWorld.com
  March 11, 2011

• Japan Ambassador Thumbs Up for Bulgaria Sun Potential

  Japan's Ambassador to Bulgaria will pay a visit to the town of Yambol to discuss the planned investment of a Japanese company in the construction of a solar power plant there. Toshiba will start the construction of a 10 MW (EUR 3.7 M) solar power plant in Bulgaria. At the beginning of this year Japan's Nikkei business daily reported that Toshiba and Tokyo Electric Power will set up a local joint venture with the Japanese government to build one of the world's largest solar power stations in Bulgaria. The plant will be located near the Bulgarian city of Yambol and will cost more than 100 billion Yen (USD1.2 B). The plant is expected to be built by March 2012 with an output capacity of 50,000 kilowatts, which will be gradually increased to 250,000 kilowatts in five years.
  Japan Ambassador Thumbs Up for Bulgaria Sun Potential
  Sofia News Agency
  March 9, 2011
  

• Japan Ambassador Thumbs Up for Bulgaria Sun Potential

  Japan's Ambassador to Bulgaria will pay a visit to the town of Yambol to discuss the planned investment of a Japanese company in the construction of a solar power plant there. Toshiba will start the construction of a 10 MW (EUR 3.7 M) solar power plant in Bulgaria. At the beginning of this year Japan's Nikkei business daily reported that Toshiba and Tokyo Electric Power will set up a local joint venture with the Japanese government to build one of the world's largest solar power stations in Bulgaria. The plant will be located near the Bulgarian city of Yambol and will cost more than 100 billion Yen (USD1.2 B). The plant is expected to be built by March 2012 with an output capacity of 50,000 kilowatts, which will be gradually increased to 250,000 kilowatts in five years.
  Japan Ambassador Thumbs Up for Bulgaria Sun Potential
  Sofia News Agency
  March 9, 2011
  

• China's Coal-Chemical Industry Draft Plan to be released to Garner Public Opinions

  China's Chief Economic planner will release a draft plan for the coal-chemical industry to garner public opinion, as per Asia Pulse. The draft plan will limit the development of China's chemical industry in major coal-consuming provinces in China, such as Shandong and Henan. This is because overheated investment in the coal-chemical industry in recent years has led to overcapacity in the traditional coal-chemical sector. Besides this, the draft plan will provide further details, corresponding to the regulations on access to the coal-chemical industry issued by the National Development and Reform Commission (NDRC) in March.

• India's 2011/12 budget to support infrastructure development

  India's new federal budget is likely to help companies developing airports in India, with the government raising the limit for foreign institutional investors to invest in corporate bonds specifically targeted for infrastructure from USD5 billion to USD25 billion. The government assigned USD2 billion in funding for airport development. Air travel has not been unscathed, however, with the Union Government introducing a new service tax on air travel.
  India's 2011/12 budget to support infrastructure development
  Center for Asia-Pacific Aviation
  March 01, 2011

2011-Feb

• Chinese Truck Maker Sinotruk Looking for an Indian Partner

  As globalisation is happening all round the world, Chinese truck maker Sinotruk is looking out for an Indian partner, by which they can introduce their trucks in India. Sinotruk is the 3rd largest truck maker in China.

• VLCC & LNG Vessel Tech Congress Brings together International and Domestic Ship Owners and Shipyards

  With over 150 attendees, the China VLCC & LNG Vessel Tech Congress 2011, organized by Noppen and Shanghai Lingang Group was held on February 24th and 25th, 2011 in Shanghai, China. This event provided a strategic opportunity for shipping and shipbuilding industry professionals from China and abroad to network and explore cooperation and business opportunities. Keynote speakers include Mr. Huang He, Deputy Director, National Maritime Bureau of Ministry of Transport; Mr. Wang Jinlian, Secretary General, China Association of National Shipbuilding Industry; Mr. Mohammad Souri, Chairman & Managing Director, National Iranian Tanker Company; Mr. Paul Oliver, General Manager, China LNG Shipping (International) Co Ltd (BP Shipping); Mr. Bao Zhangjing, Deputy Director, China Shipbuilding Economy Research Center, and Ma Yande, President & Chief Engineer, Dalian Shipbuilding Industry Co., Ltd. On day one morning, before the conference opening, was a government meeting which offered a platform for the Lingang Group and keynote international experts to discuss the future development of shipping, shipbuilding and port construction in China. "The summit is valuable and I hope it will be hosted again next year". CNOOC Gas & Power Group

• 5th Annual China Wind Summit Update

  Following the success of Noppen's previous wind events, the 4th Annual Advanced Wind Technology and Investment Summit 2011 will move to Urumqi, Xinjiang, called "China's Wind Valley" and where Goldwind's manufacturing base is located. Urumqi Municipal People's Government and Xinjiang Uygur Autonomous Region Department of Commerce are in full support of this event and have issued endorsement letters. Xinjiang, one of the first areas to develop wind power in China, is focusing on constructing large wind power bases and has great advantage in developing wind power projects.

• India International Taxation Summit Update

  On February 22, 2011 Noppen met with the Ministry of Finance in India. We are honored that the Director General of International Tax will address the delegates at the forthcoming India International Taxation Summit. With full support from the Ministry this summit aims to help delegates and speakers from around the world gain a better understanding of the Indian tax system.

• India Solar Energy Summit Brings Together Government Officials, Solar Farm Owners and Module Manufactures

  Supported by the World Institute of Sustainable Energy (WISE) and Energy Alternatives India (EAI), the India Solar Energy Summit occurred on the 17-18 February 2011 in New Delhi. With over 100 attendees the event brought together senior officials, PV manufacturers and solutions providers to provide a unique insight into evolving governmental policies, breakthrough technologies and investment strategies for this evolving sector. Keynote speakers included Dr. Pramod Deo, Chairperson of the Central Electricity Regulatory Commission (CERC) of India; Narasimhan Santhanam, Director of Energy Alternative India (EAI); Andreas Thermann, Senior Project Manager at KfW India and Lokesh Jain of Mott MacDonald. "The summit was very useful and created awareness of global solar development especially for new comers in the solar field. I feel it's necessary such a summit would occur very frequently"
  Karnataka Power Corporation Ltd

• Turkey Seen As Hottest Hotel Market for Hotel Investment

  Hotel operators and investors agree, Turkey is the market they want to be in now. Seeing the advances in Turkey recently, more investment will flow into the country. "The fact that operators are bullish enough about hotel results to not feel the need to invest themselves anymore tells us that we might well have reached the turning point in the recession, and are on the way up" says Michael O'Hare, Managing Director of Horwath HTL Russia. Turkey Seen As Hottest Hotel Market for Hotel Investment Hotel News Resource February 14, 2011

2011-Jan

• Noppen's Bangalore office celebrated their 1 year anniversary

  Noppen's Bangalore office celebrated their 1 year anniversary on January 27, 2011. After a fantastic and successful year in India, the office was moved to a larger location in Bangalore to assist in further expanding Noppen's presence in India's growing market. The new office location is at No. 31/5 Rich Crown, 3rd Floor, Coles Road, Frazar Town, Bangalore.

• Japan JV to Build Huge Solar Plant in Bulgaria

  Toshiba and Tokyo Electric Power will set up a local joint venture with the Japanese government to build one of the world's largest solar power stations in Bulgaria, according to a report. The plant will be located near the Bulgarian city of Yambol and will cost more than 100 billion yen (USD1.2 B), Japan's Nikkei business daily said. According to the report the plant is expected to be built by March 2012 with an output capacity of roughly 50,000 kilowatts, which will be gradually increased to 250,000 kilowatts in five years.

• China Commercial Vehicle Summit Featured a Site Tour to Automotive Plant

  With over 100 attendees, the China Commercial Vehicle Summit, hosted by the People's Government of Wuhan Municipality and co-organized by Wuhan Municipal Commission of Economy and Information Technology, the Management Committee of Wuhan Economic & Technological Development Zone, and Noppen was held on January 20-21 in Wuhan, China. The summit provided an area whereby the Wuhan government, international and domestic companies and academicians came together to discuss the evolution of the commercial vehicle sector in China. A highlight of the summit was a site tour to the Peugeot and Fiat automotive plant in Wuhan. "The summit was very well organized and the speeches were a great way to learn a lot!" Shaanxi Automobile Group Co Ltd.

• Tenders for Navi Mumbai Airport to be Invited by May

  The City & Industrial Development Corporation of Maharashtra Ltd is likely to prepare a tender for the proposed 10,000 crore Navi Mumbai airport project by May of this year. CIDCO will hold 26 per cent equity stake in the project, while the successful private developer will hold the remaining stake. The airport will be developed on a PPP basis. JSW Group, Essar Group, Balaji Infra Projects Ltd and Essel Group have reportedly evinced interest in bidding for the airport project. Maharashtra Tenders for Navi Mumbai airport to be invited by May

• India Airport News Update

  The City & Industrial Development Corporation of Maharashtra Ltd is likely to prepare a tender for the proposed 10,000 crore Navi Mumbai airport project by May of this year. CIDCO will hold 26 per cent equity stake in the project, while the successful private developer will hold the remaining stake. The airport will be developed on a PPP basis. JSW Group, Essar Group, Balaji Infra Projects Ltd and Essel Group have reportedly evinced interest in bidding for the airport project. Maharashtra Tenders for Navi Mumbai airport to be invited by May Project Monitor January 19, 2011

• 3rd Aunnual China LNG Terminal Summit Forecasts the Development of LNG Terminals in China

  Supported by Shanghai Lingang Economic Development (Group) Co. Ltd, the 3rd Annual China LNG Terminal Summit 2011 focused on the state of China's ongoing LNG projects as well as their equipment and service needs. With over 110 attendees the event included major gas companies, power companies, and energy groups from across China who came together to discuss the development of the most advanced technology and to find the best solution providers. Keynote speakers include Yin Zhen, Deputy Director of the Transportation Planning Research Department, Institute for Comprehensive Transportation of the NDRC; Huang Qun, LNG Chief Engineer, Technology Center, CNOOC Oil & Gas Group Co., Ltd; and Guo Zonghua, President, Gas Design Institute of Shanxi Province. "Rich content, good time control and the speeches were excellent" CPPE Shanghai Branch

• 5th Annual China Nuclear Summit Update

  On January 11, 2011 Noppen met with the Chengdu Municipal Government to discuss the 5th Annual China Nuclear Power Congress. Chengdu, the host city of this congress, are eager to work together to promote development and prosperity in the nuclear power industry. We are honored that Chengdu supports this event.

• Bulgaria's Largest Solar Plant Launched

  Germany's reign as PV king may be coming to an end. Bulgaria is now a serious competitor and is on its way to becoming the highest-growth PV market in Europe. The largest solar installation in Bulgaria has been launched, with two installations adding up to 45MW and being among the biggest in the European Union. The new large-scale project is a collaboration of US-based NEOptions, South Korean SDN and Bulgarian Development Collaborative. Bulgaria's Largest Solar Plant Launched IB Times UK

2010-Dec

• 5th Annual China Petroleum & Chemical Summit Successfully Held in Tianjin

  Noppen's exclusive 5th Annual China Petroleum & Chemical Summit was held on 2-3 December 2010 in Tianjin, China. The event was attended by over 100 major petrochemical companies, chemical & engineering companies, top research institutes, project owners and operators from across China, who participated in sessions illustrating China's newest industrial policies, advanced solutions for petroleum & chemical technology, project management, and the most up-to-date progress reports on major projects across China. Keynote speakers include Deng Yusong, Director, Research Center for the State Council; Feng Xiaoting, Chief Adviser, China National Chemical Economic & Technical Development Center; and Yu Zhi'an, Deputy Director for Committee of Construction Project Management, China Petroleum and Chemical Industry Association. "Good conference program and a first-rate audience. Keep going in the same way" Fushun Research Institute of Petroleum and Petrochemicals (FRIPP)

• China Aircraft Development Summit Showcased New Developments in the Aviation Sector in Tianjin

  With over 140 attendees the China Aircraft Development Summit, organized by Noppen and the Management Committee of Tianjin Port Free Trade Zone, was held on 2nd- 3rd, December 2010 in Tianjin, also known as 'The Aviation City'. The event was the perfect platform to enhance cooperation between civil aircraft manufacturing enterprises and European and American aircraft manufacturing suppliers. Keynote speakers include Ms. Wang Jingling, Deputy Director General, Aircraft Airworthiness Certification Department, CAAC; Han Yichu, Vice President of AVIC Xi'an; Xia Qunlin, Vice President of AVIC Helicopter; Aki Nakano, President of Pratt & Whitney China; Bill Shira, Vice President of Gulfstream Aerospace Corporation and Kevin Wu, Vice President of Textron China. On 4th December around 40 event attendees took part in a site tour to the Airbus A320 Final Assembly Line Tianjin and AVIC Tianjin factory. "Preparation was good. Great idea organizing the conference in the shape of B2B" Aviation Industry Corporation of China

2010-Nov

• China Hotel Expansion Summit a Success

  Supported by Hainan Provincial Tourism Development Commission, Sanya Municipal Government and Sanya Tourism Development Commission, the China Hotel Expansion Summit took place on 25-26 November 2010 in Hainan, China. Attended by over 150 government officials and industry leaders the summit examined hotel expansion in China and how international and domestic players can come together to create the most advanced hotels for the fast growing Chinese upper and middle class market. Key speakers at the event included Michael Sagild, Managing Director, MGM Hospitality; Jules Kwan, Managing Director, Urbn Hotels; Tim Gao, President, HNA International Hotel Management; Nelson Chu, Group Director, Planning and Design, Shangri-la Hotels and Resorts; and Darren Edmonstone, Senior Vice President, Asia, Outrigger Hotels and Resorts. "High quality speakers and the translation was exceptional. You guys always do a great job!"
  Arquitectonica

• 6th Annual China Airport Summit Update

  On November 24, 2010 Noppen met with the President of Sanya Phenox International Airport to discuss the 6th Annual China Airport Summit. After having participated as delegates at the 5th Annual China Airport Summit, HNA fully supports the 6th Annual China Airport Summit in Sanya and is looking forward to welcoming attendees from China and abroad.

• Noppen's Chengdu office opened on November 22, 2010.

  The new office which is located at 2805 Yanlord Square, No. 1, Section 2, Renming South Rd., will lead Noppen's expansion into Euroasia. In a short few months the office has already doubled in size and is coming on leaps and bounds.

• Noppen's first event in Turkey continues the company's successful expansion!

  Supported by the Republic of Turkey Prime Ministry Investment Support and Promotion Agency (ISPAT), the International Centre for Small and Medium-sized Enterprises (ICSME), and EUROSOLAR Turkey, Noppen's Wind Summit Turkey took place on 11-12 November 2010 in Istanbul. The summit was attended by over 100 senior government officials, directors, industry experts, wind energy investors, and project developers from across Turkey and abroad. There was an impressive international audience with representation from China, Europe, the Middle-East, and Asia (Japan). Presentations focused on various aspects of wind energy development in Turkey with an emphasis on investment and technology. "Exchange of know-how and information was excellent"
  EUROSOLAR Turkey

2010-Oct

• Noppen's first India event is a resounding success!

  With support from the Lifting Equipment Engineers Association (LEEA), Indian Private Ports & Terminals Association (IPPTA) and the American General Business Association (AGBA), Noppen's India Port Expansion and Capacity Upgrading Conference, hosted in Mumbai on 21-22 October 2010, brought together over 70 government representatives, terminal operators, port authorities and solution providers to discuss the pressing question of how to develop India's ports into efficient trade hubs. Key speakers and panelists included Capt Sandeep Mehta, CEO, Mundra Port; Raj Khalid, India Representative, Antwerp Port; Capt Kumar, Chairman of Chennai Port, Chief Mechanical Engineer, Kandla Port; and Meloth Krishnan, Project Manager-International Development, Dublin Port. "It was an excellent event"
  Dhamra Port Company Limited

2010-Aug

• Chinese Energy Giant will set up Solar Farms in Malatya 

  Many domestic and foreign companies have started to take the decision to invest in Turkey, even before the Renewable Energy Law has come into effect. Albright International Trade, China’s globally renowned solar energy company, has announced its decision to invest USD 1.5 billion in Malatya. The company’s officials have held talks with the Prime Minister Recep Tayyip Erdogan, and are aiming to produce electricity from solar power at cheaper costs when compared with other companies in the sector. Albright International Trade Co.’s Turkey distributor Bayram Sahin said they have agreed on the investment and will invite the company’s representatives to Turkey in the coming days.

• New Port in Laith

  The scope of work includes construction of new port in Al-laith in Makkah province. The port will be used as a supporter for Jeddah Islamic Port.

2010-Jun

• Renovatio Group Limited Launches €10 million Photovoltaic Panels Plant in Romania

  Renovatio Group Limited launched a fully automated photovoltaic panel manufacturing facility in the North Western Romanian town of Satu Mare, following a €10 million ($12.2 million) investment. The factory, Renovatio Solar, has a total capacity of 50 megawatt peaks (MWp) and it will produce 250.000 panels per year. It covers a total area of 3,000 square metres. The project has been executed within 18 months. Renovatio Group said it picked Romania for its manufacturing operations due to the highly skilled local work force and the logistic facilities in the area. Renovatio Solar will produce nine types of high performance mono and polycrystalline photovoltaic panels with various nominal power values, ranging from 225 Wp to 250 Wp.

2009-Oct

• Expansion of Vopak Horizon Fujairah Oil Terminal

  The project calls for expansion of Vopak Horizon Fujairah Oil Terminal. The expansion will add 600,000 cubic metres of storage facilities and four to six additional berths.

2009-Sep

• Al Duqm Port - Marine Works

  The project calls for construction of a new port complex with construction of breakwaters and quay walls including dredging of the access channel and harbour basin. The length of breakwater is 7.7 Kilo Metres, while the length of quay is 2.8 Kilo Metres.