KOEL goes a step ahead of competitors with CPCB II compliant genset launch
(Seated from Left to Right are:
Mr. T Vinodkumar (VP & CFO KOEL), Mr. Sanjeev Nimkar (VP and Head Power Generation KOEL), Mr Jay Gangal (AVP Marketing Power Generation KOEL)
On June 2, 2014, the KOEL Group communicated to the media the specifics of the revised CPCB II norms, to be applicable to the genset industry (until 800 KW), effective July 1, 2014, onwards. The press meet was held at the Le Meridien Hotel, Pune. On the occasion, Mr. Sanjeev Nimkar, Business Head Power Generation, said, “With the newly effective norms, we anticipate a 15 to 20% price rise in the genset market. KOEL has already sold over 2,000 CPCB II compliant gensets in the category, which has given us a natural advantage in this competitive market.” Production of the new engines is in full swing at the state-of-the-art KOEL plant at Kagal.
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