Wow: GE is going big for India, providing the energy it needs to meet its

[Flabbergasted]

goal of 100 gigawatts of new power capacity by 2012.

http://www.ge.com/stories/en/20428.html?category=Product_Business

Reconfirming its commitment to help bring electricity to thousands of people in rural India, GE officially launched its Rural Electrification program for India with a ceremony held in New Delhi.

Earlier this year, USAID and GE announced a partnership to increase access to cleaner and more affordable energy services in rural India. USAID plans to contribute $600,000 to this program, while GE and its worldwide network of experts, technology centers and partners will invest up to $2.7 million in direct and indirect funding.

The Rural Electrification Program has been designed around renewable and waste stream technologies that can help to reduce or eliminate a community’s dependence on transported fuels. Providing access to more reliable power will serve as the foundation for other improvements, such as expanded health care services, enhanced agricultural productivity, increased access to clean water, skill development and economic empowerment for the people of India. It demonstrates a paradigm shift from electrical connectivity to economic connectivity.

Just three weeks ago in New Delhi, President Bush and Prime Minister Singh reaffirmed their shared commitment to further expand the ties between our two countries – including energy cooperation. The current partnership between USAID and GE to promote commercially viable rural electrification systems will help translate the vision of our two nations’ leaders into concrete, practical applications on the ground. The U.S. Mission in India is proud to be associated with this innovative effort to meet the energy needs of rural Indians through public-private partnerships,” said Blake

[Deja Q]

1. Wow. If only they'd invest in America...

:(

Maybe I ought to move to India. I'd have a better chance of getting a job, feel better protected due to a sane government, et cetera, et cetera...

[acmejack]

2. They figure this country is depleted.

Go somewhere else with an eager low cost workforce lots of raw materials, low taxes. See ya, suckers!