Honeywell Power Systems and Transcontinental Bring Clean, Reliable and Quiet Power To The Government Sector In India.Business Editors NEW DELHI New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. , India--(BUSINESS WIRE)--Aug. 4, 2000 India's Leading Electric Utility Tests Parallon 75 Turbogenerator For On-Site Power Honeywell Power Systems Inc., a wholly-owned subsidiary of Honeywell (NYSE NYSE See: New York Stock Exchange :HON), and Transcontinental Energy Co. Inc., the exclusive distributor of Honeywell's Parallon 75(R) turbogenerator to government business in India, today announced that it has commissioned a Parallon 75(R) turbogenerator at the Gas Turbine Power Station of Delhi Vidyut Board Delhi Vidyut Board (DVB)is the government agency responsible for supply of electricity to the most of the National Capital Territory region of Delhi, India. The Delhi Vidyut Board (DVB) was a State Electricity Board set up in 1997 under the Electricity (Supply) Act, 1948, , India's leading electric utility. This installation represents the first grid-connected installation of any such technology in India. Delhi Vidyut Board installed a Parallon 75 to test the unit's ability to add flexibility to the generating capacity of the utility's gas turbine power station. Using the Parallon 75 in this way, Delhi Vidyut Board gains extra kilowatt hours in a modular manner. Connected to the utility grid since June, the Parallon 75 provides continuous power at the Gas Turbine Power Station. Since its installation, the Parallon unit has demonstrated 100 percent availability. Following a successful evaluation period Evaluation period The time interval over which funds assess a money manager's performance. , the utility company could consider deploying more Parallon units at other generating stations and key customer sites. "There is significant potential for the Parallon 75(R) turbogenerator throughout India," said Tony Prophet, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Honeywell Power Systems. "With its low emissions and nearly maintenance-free operation, the Parallon 75 has the potential to reduce the frequency of power outages This is a list of famous wide-scale power outages. 1965
"We are pleased to work with Delhi Vidyut Board to bring clean, on-site power to customers in India," said Viney Sawhney, President, Transcontinental Energy Co. Inc. "With the help and support of the government, the Parallon 75 can eventually provide electricity to light homes and power appliances in many Indian homes, small businesses, commercial centers, hospitals, high technology laboratories and strategic installations." "With the Parallon 75(R) turbogenerator, clean, quite, reliable and continuous on-site power becomes a reality," said Atul Bindal, Vice President & General Manager of Honeywell Power Systems -- Asia, Middle East and Africa. "In the future, we expect to see more Parallon(R) units deployed in India as the country's regulators aggressively look for green and clean sources of power." The Parallon 75(R) turbogenerator is a compact, on-site power generation system that is designed to help commercial, industrial and institutional facilities reduce their energy bills, improve power quality, and minimize the risk of power outages. A single unit generates 75 kW of power, and multiple units can be configured to work together to deliver more than 600 kW of power. Additionally, the Parallon 75 is more versatile and environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] than conventional generators because it can generate electricity with a variety of liquid or gaseous gas·e·ous adj. 1. Of, relating to, or existing as a gas. 2. Full of or containing gas; gassy. fuels. In India, businesses will find the Parallon 75 to be a more reliable and environment friendly alternative to the current modes of distributed energy. Compared with conventional distributed power sources like diesel generator A diesel generator is the combination of a diesel engine with an electrical generator (often called an alternator) to generate electric energy. Diesel generators are used in places without connection to the power grid or as emergency power-supply if the grid fails. sets, the Parallon 75 is designed to achieve greater reliability and reduced maintenance costs at a competitive price. And when used for cogeneration, the unit's overall system efficiency can exceed 70 percent and bring the working energy to a very competitive level. The Parallon 75 can be used to provide power for small- to mid-sized businesses, including convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , grocery stores, fast food restaurants, office buildings, hotels, hospitals, schools, medium-sized factories and other facilities with similar power requirements. The Parallon 75 is also ideally suited for military installations and telecommunication facilities. Transcontinental Energy Co. Inc. (TEC) an energy services company based in Massachusetts, USA, is the exclusive distributor of the Parallon 75(R) turbogenerator for India (Govt.) and the Middle East. TEC is staffed by highly experienced professionals with a collective experience of more than 100 years in Banking, Project Finance and all aspects of power project development. The bulk of this experience has been in the Middle East, India and USA. The company is engaged in small captive power plants, distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or and independent power plant ventures. It has been associated in numerous energy-related projects in India. Honeywell Power Systems Inc. is an industry leader in the production of microturbines for on-site power generation. The company's Parallon 75(R)turbogenerator is the most affordable and efficient microturbine in operation today. Additional information about the Parallon 75 is available on the Internet at www.parallon75.com. Honeywell is a US$24-billion diversified technology and manufacturing leader, serving customers world-wide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; power generation systems; specialty chemicals; fibers; plastics; and electronic and advanced materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, . The company is a leading provider of software and solutions, and Internet e-hubs including MyPlant.com, MyFacilities.com and MyAircraft.com (joint venture with United Technologies and i2 Technologies). Honeywell employs approximately 120,000 people in 95 countries and is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol HON, as well as on the London, Chicago and Pacific stock exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. and is also a component of the Standard & Poor's 500 Index. Additional information on the company is available on the Internet at www.honeywell.com. This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion