Tata Motors Ltd's wholly-owned subsidiary in Spain, Tata Hispano Motors Carrocera SA, has won an order from EMT Madrid, a public transportation company for supplying 10 CNG series hybrid low-floor city buses. No financial details were provided. The buses will be delivered in 2012.
Tata Hispano CNG Hybrid is powered with a series hybrid system. For a series hybrid vehicle, the engine is not connected to the driveline. Instead it just runs a generator which charges the battery pack at a steady power. The battery pack provides electrical energy to the motor which in turn generates tractive power.
The Tata Hispano CNG Hybrid offers substantial improvement in fuel economy and emissions compared to a conventional bus. The vehicle chassis is capable of being integrated with pure electric mode, CNG micro turbine and hydrogen fuel cell in the future.
On Monday, Tata Motors increased 1.67% to Rs1,186 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.38% up at 19,400.27 points.
NTPC Ltd said it has signed a power purchase agreement (PPA) with Madhya Pradesh State Power Trading Company Ltd for sale of power from its upcoming power stations, Lara Super Thermal Power Project in Chhattisgarh and Barethi Super Thermal Power Project in the state.
Lara and Barethi Power Stations shall have an installed capacity of 4,000MW and 3,960MW, respectively. These projects are for the 12th plan and are expected to complete by 2017.
On Monday, NTPC rose 1.58% to Rs179.55 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.38% up at 19,400.27 points.
BIG CBS Networks Pvt Ltd, a joint venture between Reliance Broadcast Network Ltd and CBS Studios International, has launched its first premium English entertainment television channel, BIG CBS Prime. The channel goes on air from 29th November and will be beamed across the Indian sub-continent.
BIG CBS Prime will feature the US television shows from CBS Studios International. The channel will deliver 37 hours of original programming each week. BIG CBS Networks has signed strategic deals with Sony Pictures and NBC Universal for exclusive access to a library of hit Hollywood movies to beef up its weekend movie programming. The company is also in talks with other international studios to acquire a slate of hit Hollywood films.
Ensuring optimal reach at launch of its first channel, BIG CBS Networks has entered into strategic alliances with Reliance BIG TV, Digicable, Den Networks and Hathway. It has also inked distribution deals with InCable, Airtel DTH and 7Star taking total reach to 20 million households across India. The channel will also be available on AsiaSat3S.
On Monday, Reliance Broadcast Network gained 0.81% to Rs87 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.38% up at 19,400.27 points.