GE eyes carbon reduction market

New global centre to work on emission reduction solutions, with regional entities

To tap the market for carbon control technology, GE announced launch of a Global Powering Efficiency Center of Excellence, to offer solutions for reducing emissions by up to 11 per cent.

In India, it will focus on getting a share in the Rs 50,000-crore market for renovation and maintenance, besides replacing older plants and efficiency services.

Speaking to this newspaper, Ashok Ganesan, leader of the Powering Efficiency COE and GE’s Power India managing director, says India has the advantage of doing emission control in phases. “There is cost of doing capital expenditure and bringing in efficiency, gains from which can