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New Railway Terminals in Hyderabad
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6 cities wonder city Hyderabad
Source: Sakshi Jan 3, 2015
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WindStream Technologies Breaks Ground on 50,000 sq. ft. Manufacturing Facility in Hyderabad, India
SOURCE: WindStream Technologies, Inc.
SolarMills Expected to Be Available Q2 2015
NORTH VERNON, IN--(Marketwired - January 05, 2015) - WindStream Technologies announced today that it has broken ground on its 50,000 sq. ft. manufacturing facility outside of Hyderabad, India. This new facility will be the Company's second manufacturing plant focused on building its proprietary SolarMill® products and designed to service the India and South Asia markets.
[VIDEO PROGRESS]: http://bit.ly/1vErAA4
The facility is being built by Sri Kiran Technologies, the landowner, as a "build to suit" lease agreement and will be ready to be occupied in March 2015. The ongoing operation will be funded through WSTI's newly formed $2 million dollar Joint Venture with West Coast Ventures/Deepan Group. WindStream expects to see the first SolarMill products available from this new factory in early Q2 2015 and will service the India market to start. With greater than 400 million people who live without grid supplied energy and the India government aggressively moving to provide electricity to rural India, the Company expects to see great demand for the SolarMill products.
"The India market is huge and the need for clean renewable energy is insatiable," said Dan Bates, President of WindStream. "As a result of Prime Minister Modi's recently announced initiative to add 1KW of power to over 400 million rooftops, our new product, the SM1-2P, which we had coincidentally labeled "A Kilowatt in a Box" looks to be the perfect solution for his initiative," added Bates. "As we looked at this market as a global opportunity, it became very clear to the Company that India may be the largest single market we have on our plate and the funded JV gives us the needed capital to rapidly execute on our India business plan."
The Company expects to produce a minimum of 5000 SolarMills in 2015 and see that number increase as process and procedures are refined and improved upon. The base price for the India-made SolarMill is yet to be established but without shipping, duties and logistics cost added, the product will compete or beat solar-only installations on a cost per watt basis. Using U.S. based pricing models and margins, the Company estimates that the first year of production could potentially realize $20 - $30 million dollars in revenue. This estimate is based on U.S. pricing and may differ from the final end price of the units manufactured and sold in India.
A driving factor behind the Company's decision to build the facility in India was not only to reduce cost, but to have a product that has an "India Made" certification allowing the SolarMill to benefit from generous Government Subsidies for renewable energy technologies. "WindStream already has significant sales traction and expressions of interest for the SolarMill products throughout the country and many of our customers are just waiting for a date that we will be able to provide them with the Indian product. I expect that within a few months after launching the facility and securing the needed certifications we will be sold out of product for 2015," said Venkat Kumar Tangirala, President of WindStream S. Asia.
About WindStream Technologies: Founded in 2008, WindStream Technologies, a public company (OTCQB : WSTI), is headquartered in North Vernon, Indiana. WindStream Technologies was established to create low-cost hybrid, renewable energy solutions for urban, suburban, and on and off-grid environments. Made in the USA, its patented SolarMill® technology is a distributed energy solution, which produces continuous renewable energy for customers 24/7/365. The company's products are sold around the world. For more information please visit www.windstream-inc.com.
Forward-Looking StatementsSafe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, such as business and political conditions in the geographic areas in which we sell our products; weather and natural disasters; changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which we are engaged.
The information set forth herein should be read in light of such risks. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
Metro rail goes on first automatic trial run - The Hindu
Metro rail goes on first automatic trial run - The Hindu
Hyderabad Metro Rail (HMR) project created a new technology record by successfully running a train in Automatic Train Operation (ATO) mode for the first time on Indian soil between Nagole and Mettuguda on Tuesday night.
The 8 km stretch will be the first operational line for the project and currently trial runs are on. Under ATO, a train operates on its own and self controls its movement, speed, performance etc., with automatic application of brakes without the intervention of train driver. The function of the ‘driver’ is only to press a button to close the doors at stations and it is a prelude to completely driverless mode which HMR Metro can upgrade any time it wants, disclosed its Managing Director N.V.S. Reddy on Wednesday.
HMR is the first Indian metro rail implementing the Communication Based Train Control (CBTC) system, the latest railway signalling system with the equipment being supplied by French company Thales, a pioneer in this technology globally. Most metros world over have shifted to CBTC, including the latest Delhi Metro line. It is a radio communication-based system controlling trains movement through continuous two-way digital communication between trains and trackside equipment. Simon Lee, a Hong Kong-based expert is supervising the signalling system build up here.
Six zonesThe Operation Control Centre (OCC) in Uppal depot is the nerve centre for remote controlling and operation of the entire 72 km of the elevated project being taken across the three corridors of the twin cities, he pointed out.
The total metro rail system is divided into six zones, each controlled by a zone controller (equipment).
Each train transmits its identity, location, direction and speed to the respective zone controller which calculates safe distance between two trains, breaking distance and authorised train speed with automatic application of brakes in case of over speeding.
Other latest sub-systems like the Automatic Train Protection (ATP), Automatic Train Supervision (ATS), Vehicle on Board Controller, Data Communication System, Solid State Interlocking (SSI) and so on provide fail-safe protection mechanism against train collisions, speed regulation, programmed stopping, door control and other functions, he explained.
Automatic monitoring of train movement and performance remove any possibility of human error and prevent train collisions due to driver passing train beyond danger signal, which can happen in normal railway working. CBTC system facilitates running of trains with one-and-a-half minute (90 second) frequency with very high reliability. It has built in redundancies to take care of failure of any component, Mr. Reddy said.
HMR chief signalling & telecommunications engineer K. Laxman, chief engineer Md. Ziauddin and other senior engineers of L&TMRHL and Thales participated in the test run.
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