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Krishna Group signs JV with Landi Renzo for alternative fuel solutions

Aug 02, 2012

Industry experts eagerly await as the Krishna Group and Landi Renzo get together to develop new alternative fuel solutions.

With fuel prices rapidly rising, cars would in time, perhaps become a luxury. Other than that, the polluting effects of such fuels is increasingly becoming a hazard that many in the industry want to mitigate. The answer to both these problems may well be to develop and use alternate fuel systems. 

LandiRenzo

A collaboration and proposed joint venture (JV) between the Krishna Group and Landi Renzo is aimed at providing such a solution in the future. The joint effort is to design, manufacture, and market Landi Renzo's globally-renowned alternate fuel systems at the Manesar plant of Krishna Group with a capital investment of Rs. 60 crore over the coming three years.

On the occasion of the signing of the agreement, Mr. R. C. Bhargava, Chairman Maruti Suzuki India Limited said, "We look forward to the successful launch of a major new initiative in the alternate fuels industry, and it shall work towards selling the alternate energy for the O.E.Ms. It shall contribute in its own way to reduce the oil import burden over a period of time”. 

The game plan as of now, is to manufacture kits at Manesar, Gurgoan, over the next three years. The kits shall be put to severe quality tests in order to control the performance of the plants and to analyse the reduction in contaminating factors present in the exhaust. The kits would also be targeted at the original equipment manufacturers (OEMs).  

Landi Renzo is a leading MNC which works in the area of green energy, such as LPG and CNG, to ensure development of sustainable mobility with a low environmental impact and a sure economic advantage.

While India grapples with rising fuel prices and unreliable public transport; such ventures would be a blessing for many and a way to save the depleting environment.

Source : Landi Renzo
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