Tata Motors Passenger Vehicles Ltd.

Tata Motors and Japan-based New Energy and Industrial Technology Development Organization (NEDO) inaugurated an environment-friendly dual-fuel based power generation facility at Tata Motors' Pune plant. The aim of the project is to produce power through clean environment technology.

To drive this project, a Memorandum of Understanding (MoU) was signed between the government of India, the government of Japan, NEDO and Tata Motors. Tata Motors and NEDO jointly worked on the project for two years. Two 2.5-MW diesel electric power generators sets were identified for conversion into dual-fuel generators, using natural gas as the main fuel and diesel as the pilot fuel. The project has achieved success by operating diesel generator sets on natural gas and light diesel oil.

Tata Group has embarked upon a journey to reduce its cumulative carbon footprint. By changing over from the existing liquefied fuel to clean burning gaseous fuels will help in reducing 3,770 tonnes of carbon dioxide in a year and is a step toward helping the Tata Group reduce its carbon footprint.

The company’s net profit for the year ended March 31, 2011 has dropped by 19.11% to Rs 1811.82 crore as compared to Rs 2240.08 crore for the year ended March 31, 2010. Its total income has increased by 28.78% to Rs 48223.72 crore for the year from Rs 37446.50 crore for the previous year.

On the Consolidated basis, the Group’s net profit for the year ended March 31, 2011 has zoomed by 260.69% at Rs 9273.62 crore as compared to Rs 2571.06 crore for the previous year. Its total income has increased by 30.65% from Rs 94312.37 crore a year ago to Rs 123222.91 crore for the year.