Karnataka signs pact with Polish firm Ekolog on clean tech

Image
Press Trust of India Bengaluru
Last Updated : Dec 17 2015 | 8:49 PM IST
Karnataka government has signed a pact with Polish company Ekolog to set up a clean technology equipment plant with a budget of USD 50 million.
The memorandum of understanding (MoU) was signed between Department of Commerce and Industries and Ekolog to promote investments in clean technologies sector, an official release said.
It was signed by Robest Jans, Director, Ekolog and K Rathna Prabha, Additional Chief Secretary, Commerce and Industries Department, in the presence of Minister for Large and Medium Scale Industries and Tourism, R V Deshpande.
As part of the MoU, Ekolog will establish a special high technology equipment factory in the state to create a market in India and also export overseas.
Ekolog also declared that it would create a research and training centre in environmental technologies for local engineers and students, the release said.
Ekolog's product portfolio consists of ELA reactors for wastewater treatment plants, technologies for biological and chemical phosphorus removal, a cogeneration system with supply of electricity to the national grid, among others.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 17 2015 | 8:49 PM IST

Next Story