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Old Posted Mar 25, 2010, 3:05 AM
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Quote:
Cummins Westport gets contract in India to supply 460 natural gas engines
By The Canadian Press

VANCOUVER Cummins Westport Inc., a Canadian-based supplier of alternative fuel engines, is the beneficiary of some economic stimulus spending in India.

The company, a joint venture of Westport Innovations Inc. (TSX:WPT) and U.S.-based Cummins Inc. (NYSE:CMI), said Wednesday that its affiliate in India has received purchase orders for 460 natural gas engines.

The B Gas Plus and B Gas International engines, powered by compressed natural gas, are licensed by Cummins Westport and manufactured by the affiliate, Cummins India Ltd.

"India continues to build its world leading eco-friendly transit fleet," Cummins Westport president Roe East said in a news release.

"We are seeing orders from new customers in the region who have recognized our natural gas engines as best in class. Helping increase natural gas engine proliferation, the Indian government is getting behind the push for emission reductions with stimulus funding."

The New Delhi government unveiled a transport stimulus package in February 2009, to provide central funding to purchase buses for urban transport systems.

India's Ministry of Urban Development is providing financial assistance for purchasing public transport buses as part of a national effort to reduce the use of private vehicles and control congestion.

According to NGVAmerica, the New Delhi Natural Gas Vehicle Program has halved the air pollution in India's capital compared with 10 years ago.

Westport Innovations shares were up 20 cents at $16.95 in early afternoon trading Wednesday on the Toronto Stock Exchange. Cummins Inc. shares were up 14 cents at $62.49 on the New York Stock Exchange.
http://www.canadianbusiness.com/mark...ent=b243200423
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