Annexure-5.

Profiles of Clients Covered Under Field Survey

1. Power Trading Corporation of India Ltd, New Delhi

Power Trading Corporation was set up in 1999 with a mandate to catalyze

development of mega and other large power projects by acting as a single
entity to enter into Power Purchase Agreements (PPAs) with Independent
Power Producers (IPPs) on the one side and multipartite PPAs with user/State
Electricity Boards (SEBs) under long term arrangement on the other. PTC has
also been mandated for power trading to optimally utilize the existing
resources in the country as also promoting exchange of power with
neighboring countries. Government of India has identified PTC as a nodal
agency to deal with matters relating to exchange of power between India and
its neighboring countries. PTC buys and sells bulk electric power and views
both the purchasers as well as the sellers of power as its customers. The
sellers of the power are generating companies, SEBs and captive power plants
while the buyers of power are the SEBs, bulk consumers and the distribution
companies. PTC matches the buyers and sellers and gives operational
instructions for the power to be dispatched to the buyers through the
transmission link of the state as well as the central transmission utility. PTC
charges a very modest upfront margin on the transaction from the buyers with
a view to develop a market in power and takes the receivables risk, backed up
by a robust payment security mechanism. PTC trading volume was around
4200 MUs in 2002-2003. The services offered by the organization are as
follows:

• Act as an intermediary providing single window service after

identifying the buyers and sellers
• Study the transmission feasibility for transfer of power including
transfer through displacements
• Facilitate sale of surplus power from captive power plants
• Finding alternative buyer (s) in the event of default
• Acting as the nodal agency to facilitate cross border trading
• Coordination with agencies for dispatch, metering, billing, revenue
generation and energy accounting
• Facilitating the development of power projects which can generate
electricity at competitive tariff

2. Ballarpur Industries Limited, New Delhi

BILT is the largest and most respected paper company in India and a leader in
the segments of writing and printing paper. It also enjoys a sustainable
presence in the key global markets. It is also India's largest manufacturer and
exporter of paper, with a strong presence in all segments of the usage spectrum
that includes Writing & Printing Paper, Industrial Paper and Specialty Paper.
Complementing this is a diversified production infrastructure with six
 manufacturing units spread across the country. Their main business segments
are Coated Wood Free Paper, Uni-coated High Bright Paper, Business
Stationery, Copy Paper, Speciality and Fine Paper.

3. Ranbaxy Laboratories Ltd, New Delhi

Ranbaxy Laboratories Limited, India’s largest pharmaceutical Company,

manufactures and markets generics, branded generic pharmaceuticals and
active pharmaceutical ingredients. It stands amongst the top ten generic
companies worldwide. The Company’s products are sold in over 100 countries
with manufacturing operations in 7 countries and a ground presence in 34
countries. The Company has an expanding international portfolio of affiliates,
joint ventures and representative offices across the globe with JV's/
subsidiaries in USA, UK, Germany, France, Spain, Ireland, Netherlands,
India, China, Brazil, South Africa, Japan etc. While Ranbaxy aggressively
pursues the internationalization of its business, the growth strategy equally
focuses on enhancing market share in India. The Company has established
state-of-the-art multi-disciplinary R&D facilities at Gurgaon. Emphasis on
NCEs (New Chemical Entities) for long-term value building and on NDDS
(Novel Drug Delivery Systems) in the medium term are the key anchors of
future growth. Ranbaxy is accelerating its initiatives in NDDR (New Drug
Discovery Research) and NDDS (Novel Drug Delivery Systems). It is one of
the largest investor on R&D in the Indian pharmaceutical industry with an
R&D spend of approx. 6% of its sales in 2003. The Company's major research
focus is in the areas of, Urology, Anti-infectives, Respiratory, Anti-
inflammatory and Metabolic disorders segments. Its first NCE, RBx 2258, for
Benign Prostrate Hyperplasia (BPH), has been licensed to Schwarz Pharma
AG of Germany to develop, market and distribute the product in USA, Japan
and Europe, while the Company has retained the rights for all other markets.
RBx 2258 is presently in Phase II clinical trials in India. Ranbaxy’s Anti-
asthma molecule, RBx 7796, is also undergoing Phase II clinical trials.
Besides these, the Company has other molecules in its NCE pipeline, which
are at different stages of drug discovery and development. To accelerate its
research programme, Ranbaxy has joined hands with GlaxoSmithKline Plc for
a global alliance in the area of drug discovery and development. Ranbaxy’s
collaborative research initiative with Medicines for Malaria Venture, Geneva,
to develop a new drug for Malaria, reflects its commitment to eradicate such
diseases from the world. The Company has also partnered with Clinton
Foundation HIV/ AIDS Initiative, to provide HIV/ AIDS drugs at an
affordable price to patients in Africa & Caribbean region. Ranbaxy’s foray
into NDDS has led to several proprietary know-how "platform technologies"
resulting in many products under developmental/commercial stages. Its first
NDDS innovation once -a -day Ciprofloxacin has been licensed to Bayer AG,
the originator for select markets.

4. RICO Auto Industries Limited, Gurgaon

RICO commenced operations at Ludhiana with ferrous foundry and machining

in 1977 and diversified into aluminum high-pressure die casting and
machining at Dharuhera plant in 1984. RICO entered international market as
 OEM supplier in 1990 and obtained ISO 9000 certification in 1994. RICO
entered in to a joint venture with FCC Company of Japan for clutches in 1996.
There plants at Gurgaon and Dharuhera are certified QS 2000. The product
range has been diversified to clutch assemblies for two wheelers, clutch
assemblies and flywheel for automobiles in addition to other auto components.
The organization is a leading supplier of critical components to majors in
automobile sector. Their exports include ductile iron components, aluminum
& ferrous engine parts, transmission components and agricultural water pump
kits.

5. GlaxoSmithkline Consumer Healthcare Ltd, Gurgaon

Smithkline Consumer was originally incorporated in 1958. The company was

then known as Hindustan Milk Manufacturers (HMM). The company became
part of the Beecham group in 1969 when Beecham acquired Horlicks Ltd of
UK worldwide. In 1977 Beecham’s Indian subsidiary Beecham India Pvt. Ltd
was merged with HMM Beecham India was producing a range of products
such as Eno fruit salt, Brylcream hair grooming cream and Silvikrim shampoo.
In1995, SmithKline Beecham Consumers Brand Company worldwide was
renamed as SmithKline Beecham Consumer Health Care with a change in
business focus to "Science based health care products". In India, Smithkline
operated through 3 companies - SmithKline Pharmaceuticals, SmithKline
Consumer Healthcare and a 100% subsidiary SmithKline Beecham Asia Pvt.
Ltd. The Pharmaceutical business of Glaxo and Smithkline have been merged
in India. The Consumer business however is continued separately through
Smithkline Consumer and the company is being renamed as GlaxoSmithkline
Consumer Healthcare Ltd to reflect the new association. The company’s
manufacturing facilities are located in Punjab and Andhra Pradesh. Besides
these two manufacturing facilities the company has number of packing
stations across the country. A new plant for manufacture of Horlicks has been
set up in Haryana and has commenced commercial production in early 2002.
Malted drinks Viva & Maltova and biscuit brands Horlicks & Boost are
outsourced by the company

6. Motherson Sumi Systems Limited, NOIDA

The largest manufacturer of integrated wiring harnesses in India, the Sumi

Motherson Group holds over 50% share of the Indian automotive wiring
harnesses market. The Group also manufactures specialized wiring harnesses
for white goods, office automation, medical diagnostic equipment, electrical
and electronic equipment. The Group has complete backward integration for
manufacturing critical wiring harness components and have in-house
capability for design and manufacturing of applicators, jigs, assembly boards
and circuit checking boards enabling process design control and flexibility.
They have 15 wiring harness manufacturing facilities in India. They also have
manufacturing facilities for wire and fuse manufacturing, plastic moulding,
rubber injection moulding, liquid silicon rubber injection moulding, tool
manufacturing, software development/engineering design, automotive mirror
manufacturing, air compressor manufacturing and cutting tools manufacturing.
Motherson Sumi Systems Ltd is the flagship company of the Sumi Motherson
 Group which is a joint venture between Sumitomo Wiring Systems (Japan),
Nissho Iwai Corporation (Japan) and Motherson Group (India). Their product
range includes wiring harnesses, lead wires, battery cables, high tension cords,
wiring harness components, machined metal products and injection moulded
assemblies. Their current turnover is around Rs 450 crores. The organization
also exports their products to US, Europe and Japan.

7. HEG Limited, NOIDA

Set up in 1977 in technical and financial collaboration with Societe Des

Electrodes Et Refractaires Savoie (SERS), a subsidiary of Pechiney of France,
HEG is the largest integrated graphite plant in South East Asia & Middle East.
Its Graphite plant is located at Mandideep near Bhopal. HEG, which is part of
LNJ Bhilwara Group, has been regularly exporting electrodes since 1980 and
today exports more than 80% of its production. HEG's graphite electrodes are
exported to 25 countries around the world, including developed countries like
USA, Canada, Germany, France, Italy, South Korea, Australia etc. HEG has
also won the country's top export award instituted by the Chemical & Allied
Products Export Promotion Council (CAPEXIL) for outstanding exports for
the past 17 consecutive years.

At HEG Limited set up the group's first hydropower project of 13.5 MW rated
capacity in Hoshanabad (M.P.) which was commissioned in 1997. The power
generated at this power is wheeled to the graphite plant at Mandideep. This not
only ramped up the efficiency of the graphite plant but also opened up the
window of opportunity for the organization to enter the area of power
generation and power consultancy in association with overseas partners such
as Hydro Quebec of Canada and RSW International of Canada. The range of
consultancy services rendered in power sector include the following:

• Power plant design

• Advisory assistance in construction of hydro projects
• Advisory assistance on hydro power business, financing and
agreements (wheeling, PPA, interstate transmission etc)

Coal based sponge iron division of the HEG Ltd was commissioned in 1992 in
Chattisgarh. The company has also set up a captive power of 12.8 MW
capacity to utilize energy from waste heat gases emitting from the kilns
augmented by steam from FBC boiler. After meeting the in-house requirement
of the sponge iron division, the balance power is wheeled to the company
graphite plant at Mandideep.

8. Nagarjuna Fertilizers and Chemicals Ltd, Hyderabad

NFCL with a turnover of Rs 10,000 million is the flagship company of

Nagarjuna Group. The company has the distinction of having been the single
largest private sector investment in the south .The company is involved in the
marketing of full range of farm inputs. Urea is manufactured in company's
own plant whereas, Speciality Fertilizers, Water-soluble Fertilizers, and
Pesticides are the products of group companies. The Agri-Output Division
 and Seeds Division of company help the farmers to enhance productivity.
With a view to improve farm productivity the company has been imparting
training to farmers through Krishi Vignana Kendras. The project started in
1988 in technical collaboration with Snamprogetti, Italy and Haldor Topsoe,
Denmark went on stream in August 1992. The installed capacity of the plant is
495,000 MT Urea per year and 297,000 MT Ammonia per year. The plant has
consistently operated at above rated capacities.

9. Dr Reddy's Laboratories Ltd, Hyderabad

Since its inception in 1984, the organization had been involved nearly for two
decades in creating safe pharmaceutical solutions. Their competencies cover
an entire pharmaceutical chain – basic research, finished dosages, generics,
bulk actives, biotechnology and diagnostics. Their research centre uses
cutting-edge technology and has discovered breakthrough pharmaceutical
solutions in therapeutic areas. In a short span, the organization has filed for 64
patents. Dr Reddys Labs are the first Indian Company to out-license a
molecule for clinical trials to Novo Nordisk – the world leader in diabetes. To
strengthen the research arm, the organization has set up a research subsidiary,
Reddy US Therapeutics Inc., in Atlanta, USA. The organization exports bulk
actives, branded formulations and generic formulations to over 60 countries.
Our inherent strength lies in identifying relevant bulk drugs and formulations,
and selling them at affordable prices across the world.

10. Nava Bharat Ferro Alloys Limited, Hyderabad

The Company commenced business in 1975 with manufacture of ferro silicon

in a single furnace at Paloncha in Khammam district, Andhra Pradesh. Over
the years, the capacity for manufacture of ferro alloys grew five-fold with the
addition of new furnaces at Paloncha as well as setting up of new Ferro Alloy
Plants. The product range was also expanded to cover other bulk ferro alloys
to cater to the changing requirements of the customers and NBFA emerged as
a leading manufacturer and exporter of ferro alloys of excellent quality in the
country. The company has also diversified into other product lines like
manufacture of sugar and its by-products and generation of power. It is one of
the largest fully integrated manufacturers of ferro alloys in India with captive
power plants.

The ferro alloys division produces bulk ferro alloys like ferro chrome, silico
manganese, ferro manganese, etc. used as inputs in iron and steel making. The
ferro alloy plant in Andhra Pradesh has 100 % assured power from captive
power plant while the ferro alloy plant in Dhenkanal district, Orissa has
captive power project under implementation. The major markets for domestic
sales are steel Plants and iron foundries while export sales are mainly for
USA, Korea, Japan , Indonesia, Italy, Turkey and Spain.

11. Mangalore Chemicals & Fertilizers Ltd, Bangalore

Once a sick Government of Karnataka Company, the turnaround of the

organization has been dramatic after the management passed to UB Group
 through cost reduction exercises and with improvement in operational
efficiencies. The organization plans to move away from a strong fertilizer
focus and is planning to set up a metallurgical coke plant (4,50,000
tonnes/annum capacity) with cogeneration of 28 MW.

12. Yuken India Ltd, Bangalore

Yuken India Ltd was set up in 1976 in Technical and Financial Collaboration
with Yuken Kogyo Company Ltd, Japan for the manufacture of Oil Hydraulic
Equipment. YIL has recently been certified as an ISO 9002 company. In the
last 15 years, YIL has achieved the fastest growth rate in the Oil Hydraulics
Industry in the Country inspite of being the last entrant. Most Original
Equipment Manufacturers (OEMs) have accepted YIL as a preferred source of
supply. Seeing the need for high torque, low speed Hydraulic Motors,YIL
started in 1989, SAI India Ltd, a joint venture with SAI Spa of Italy. SAI Spa
are the largest manufacturers of radial piston motors in the world. SIL has
grown to become the preferred supplier of hydraulic motors to all major
OEMs in India. Some of the major products include Vane Pumps, Piston
Pumps, Pressure Controls, Flow Controls, Directional Valves, Modular
Valves, Actuators, Accumulators, Logic Valves, Hydraulic Power Units,
Variable Displacement Piston Pumps, Electro Proportional Valves etc. The
organization has a foundry facility for different types of castings upto 60 Kgs,
principally for oil hydraulic equipment for tool changing applications in CNC
machines, furnace lifting, excavators etc.

The major industrial client segments for the organization are as follows:

• Steel Plants
• Defence
• Mobile Equipment
• Furnaces and Heat Treatment Plant Manufacturers
• Machine Tool Manufacturers
• Plastic Machinery Manufacturers
• Drill Rig Manufacturers
• Material Handling Equipment Manufacturers
• Dam Hydraulics
• Power Projects
• Automobile Manufacturers

13. Novozymes South Asia Pvt Ltd, Bangalore

Novozymes is the world leader in enzyme solutions. Enzymes are the natural
solution to industrial problems. With enzymes the consumption of water,
energy and harmful chemicals can be reduced and still make production more
efficient. Based on an advanced biotech platform, the parent organization
produces and sell more than 500 enzyme products in 130 countries. Since
1941 Novozymes has introduced almost every new industrial enzyme on the
market, making it the world's largest manufacturer of enzymes currently. The
 Indian subsidiary is 100% owned by the parent Danish company. The
formulations (enzymes which are speciality chemicals) are bio-catalysts and
have the following major user segments:

• Food industry
• Textiles
• Leather
• Detergent
• Alcohol
• Pharmaceuticals

14. EID Parry Ltd, Chennai

Parry's pioneered the sugar production in India with the setting up of India's
first sugar factory in 1842. To optimize the profitability and efficiency of their
7 sugar factories, the organization has established a network of byproduct
industries. Research and development activities are undertaken to achieve
optimum productivity. Three years ago, the unit at Nellikuppam became an
integrated sugar complex. Using bagasse, a waste by-product of sugarcane, to
generate power, the co-generation plant at Nellikuppam has been in operation
since May 1997. It has established a viable, economical cycle for the sugar
business. It supplies power to the Nellikuppam sugar factory and the excess
power is sold to the Tamil Nadu Electricity Board grid. The co-generation
plant has been rapidly scaling up its efficiency. It has met every condition
prescribed by USAID India’s Greenhouse Gas Pollution Prevention Project.

15. The India Cements Ltd, Chennai

The India Cements Ltd was established in 1946 and the first plant was setup at
Sankarnagar in Tamilnadu in 1949 . Since then it has grown in stature to seven
plants spread over Tamilnadu and Andhra Pradesh . The capacities as on
March 2002 have increased multifold to 9 million tons per annum. The
Company is the largest producer of cement in South India. The Company's
plants are well spread with three in Tamilnadu and four in Andhra Pradesh
which cater to all major markets in South India and Maharashtra.

16. Alstom Ltd, Chennai

ALSTOM in India has two listed companies in Kolkata and Mumbai, with a
total strength of 5,700 employees, 12 manufacturing facilities spread over 30
locations and a turnover of about 270 Million Euro. In India, ALSTOM is
active in three major areas of businesses viz. Transmission & distribution,
power and transport. ALSTOM has been one of the most active players in the
T&D sector, with its state-of-the-art manufacturing facilities in Chennai,
Kolkata, Noida, Bangalore, Pondicherry and Naini. Its modern manufacturing
facilities are well equipped for supplying, installing, testing, and
commissioning work in various power plants and Industries. It manufactures
electrical equipment and caters to turnkey T&D Projects (HVDC, Telecom,
EMS/SCADA & HVS) as well as other Industry, Oil/Gas and Infrastructure
markets.
 The power sector forms a major part of ALSTOM's business operations in
India, accounting for 59 per cent of its total revenue through its activities as an
Equipment Supplier, Engineering Procurement and Construction Contractor
and Products/Services supplier for central and state public sector utilities or
Independent Power Producers. ALSTOM's power sector in India specializes
in designing & supplying integrated and cost efficient Steam, Combined Cycle
and Hydro Power Plants. This includes their Engineering, Procurement &
Construction; development and supply of Air Pollution Control Systems and
Equipment and meeting the captive power requirements of industrial users
with power generation capacity upto 100 MW. In addition, it also offers a full
range of services in spare parts, repairs & maintenance to improve the
reliability and availability of the plants. ALSTOM's power sector also offers a
complete range of Utility & Industrial Boilers in India. A joint venture
between ALSTOM and NTPC has a mandate for the total renovation and
modernization (R&M) business in India and the SAARC countries for thermal
power plants and thermal based utilities.

ALSTOM's transport sector in India is equipped with facilities for

manufacture, assembly and testing of Power Electronics & Traction
Equipment, Signaling products in the factory at Coimbatore. The company
manufactures traction drives, auxiliary converters, control electronics, electro-
mechanical products and safety systems. The company also has a world class
software centre at Bangalore handling design of Train Control System and
Application Software.

17. INOX Air Products Ltd, Mumbai

Air Products was founded by the late Leonard P. Pool in 1940 in Detroit,
Michigan, on the strength of a simple, but then revolutionary, idea: the "on-
site" concept of producing and selling industrial gases, primarily oxygen. At
the time, most oxygen was sold as a highly compressed gas in cylinders that
weighed five times more than the gas product. Air Products proposed building
oxygen gas generating facilities adjacent to large-volume gas users, thereby
reducing distribution costs. The concept of piping the gas directly from the
generator to the point of use proved sound and technically solvable. Air
Products has its operations in over 30 countries and ranks among 500 largest
corporations in the U.S.

Air Products serves customers in the following:

• Technology,
• Energy,
• Healthcare and
• Industrial markets

18. Jindal Iron & Steel Company Limited, Mumbai

Jindal Organization has expanded and diversified into core business areas
ensuring synergy amongst its various business ventures, spreading over 13
 plants at 10 pivotal locations in India and two plants in USA. Jindal has India's
largest integrated galvanizing facilities in India accounting for 17% of total
galvanizing production in the country. Engaged in Hot Rolling, Cold Rolling
and Galvanizing business. 75% of production is exporter to over 45 countries.
Jindal is also the manufacturer of large diameter U-O-E submerged arc welded
pipes. Also has protective coating application facilities viz. Polyethylene,
Polypropylene, Fusion Bond Epoxy, Coal Tar enamel / Bitumen and Concrete
coating. The organization has an integrated steel plant manufacturing HR
coils using the revolutionary Corex technology for iron making. Jindal is the
Only HR coil manufacturer in South India.

19. Mahindra and Mahindra Limited. Mumbai

Mahindra & Mahindra Limited (M&M) is the flagship company of around Rs.
7000 crore Mahindra Group, which has a significant presence in key sectors of
the Indian economy. Set up in 1945 to make general-purpose utility vehicles
for the Indian market, M&M soon branched out into manufacturing
agricultural tractors and light commercial vehicles (LCVs). The company later
expanded its operations from automobiles and tractors to secure a significant
presence in many more important sectors. The company has, over the years,
transformed itself into a Group that caters to the Indian and overseas markets
with a presence in vehicles, farm equipment, information technology, trade
and finance related services, and infrastructure development. An
organizational restructuring exercise in 1994 arising from a Business Process
Re-engineering programme resulted in the core activities of manufacturing
utility and light commercial vehicles and agricultural tractors remaining with
the flagship company. All other activities were spun off into separate entities
and organized under the following business groups.

• Hospitality,
• Trade and Financial Services,
• Automotive Components,
• Information Technology,
• Telecom and Infrastructure Development.

20. Lupin Limited, Mumbai

Lupin has 10 API/intermediates and finished products facilities across 5

different bases in India. The company integrated manufacturing gives larger
economies of scale. The company is among the world's largest manufacturers
in the therapeutic focus areas; nine of Lupin's facilities are approved by the
USFDA; two by the UKMCA. Driving Lupin towards global leadership in
process innovation, novel delivery systems and new drug discovery is the
Lupin Research Park at Pune city, India. The Park houses dedicated
prototypes and pilot plants for the development of a range of drugs in several
therapeutic segments. The major therapeutic focus areas anti TB,
cepholosporins (both orals and injectables), ace inhibitors, statins and prils.
 The R&D at Lupin is organized around three focus areas:

• Generics drug master files (DMFs) for APIs and abbreviated new drug
applications (ANDAs) for finished products
• New chemical entities (NCE) using the synthetic and herbal routes
• Novel drug delivery systems (NDDS)

The Lupin Human Welfare and Research Foundation (LHWRF) established

by the organization is actively involved in rural reconstruction. The program
reaches out to more than 1600 villages in nine districts of four states covering
nearly 1.4 million people in India in their focus areas viz. infrastructure, rural
industry, agriculture, animal husbandry, health and sanitation, education
and social welfare.

21. Petron Engineering Construction Ltd. Mumbai

Petron Engineering Construction Ltd was established in 1976. The company
provides engineering construction services in the following areas:

• Chemicals

• Petrochemicals

• Cement

• Fertilizers

• Metallurgical

• Power stations
The organization offer total solutions in engineering with feasibility study,
estimation, procurement and managerial and administrative support for its
various projects.

22. SREI Forex Limited, Mumbai

SREI possesses specialized skills in the infrastructure sector and an ability to

service customers with flexibility, while precisely understanding their business
requirements through an ability to provide a range of niche financial services
through its two principal businesses viz. Infrastructure Asset Creation and
Wealth Management Services.

Under infrastructure asset creation the company offers the services of

Equipment finance, Project finance, Renewable Energy finance and Financial
services to the infrastructure sector including financial and technical
consultancy, resource mobilization and public offerings, besides others. The
wealth management business offers services of funds mobilization through
government securities, fixed deposits and bonds. The other services comprise
foreign exchange services as well as life and non-life insurance activities.
23. Zydus Cadila Healthcare Limited, Ahmedabad

Zydus Research Center (ZRC) is the research and development wing of Zydus
Cadila, established on January 24, 2000. Zydus Cadila today enjoys the
coveted distinction of being one of the largest pharma groups in the country.
This state-of-the-art research center at Ahmedabad has a team of 180 research
scientists actively engaged in research in various disciplines of Medicinal
Chemistry, Biotechnology, Cell Biology, Bioinformatics, Genomics,
Molecular Biology, Pharmacology, Toxicology, Microbiology, Analytical
Research, Clinical Research, Novel Process Research and Novel Drug
Delivery Research.

The company carries out research in the following fields:

• Metabolic Disorders
• Diabetes
• Obesity
• Dyslipidemia
• Inflammation and Pain
• Rheumatoid arthritis
• Pain
• Bacterial Infections
• Development of Biogeneric therapeutic proteins
• Development of Antibodies
• Development of Vaccines
• Development of Diagnostic kits
• Search for Novel Targets
• Validation of Targets
• Development of Novel processes for NME's from Medicinal
Chemistry department
• Development of Novel processes of off-patent drug candidates for
ANDA filings
• Chiral synthesis of drug and drug intermediates
• Resolution of racemates
• Studies in polymorphism of drug candidates
• Development of Novel platform technology for slow/extended release
of drug from matrix
• Development of Novel formulation for filing ANDA
• Research in delivery of proteins and peptides

24. Ahmedabad Electricity Company Ltd, Ahmedabad

The Company was incorporated on 28th May 1913 by Killick Nixon Limited,
a U.K. based Company. The objective was to conduct the business of
electricity supply under the Ahmedabad City Municipality. Electric supply
operations were commenced in 1915. Killick Nixon Limited ceased to be the
Managing Agents of the Company following the abolition of the Managing
Agency system in India. From September 1985, the Company was managed
 under the superintendence, control and direction of the Board of Directors
consisting inter alia, nominees of financial institutions and Government of
Gujarat.
In respect of its business of generation and distribution of electricity, the
Company is governed by the provision of the Indian Electricity Act, 1910 and
the Electricity (Supply) Act, 1948.

25. Gujarat Gas Company Ltd, Ahmedabad

Gujarat Gas Company Limited (GGCL) started operations in 1988 with the
primary objective to procure, distribute and in every way utilize natural gas
and allied technology. GGCL pioneered the concept of combined natural gas
distribution to the industrial, commercial and domestic customers in
Ankleshwar and Bharuch in 1989. In 1991, it expanded its operations to Surat
city. GGCL also pioneered the concept of CNG for automobiles in India.
Another pioneering step was to provide finance to customers (through a
subsidiary company - Gujarat Financial Services Limited) so that the
customers could switch over to natural gas. Today, GGCL is the largest
private sector gas distribution company in India with more than 1,45,000
domestic customers, 1,800 commercial customers, 450 industrial customers
and more than 1,300 automobiles using CNG as a safe, environment friendly
fuel for automobiles. GGCL's pipelines spread over more than 1,600 kms. in
three major industrial cities of Gujarat, an industrially developed, energy
deficient state with demand for natural gas exceeding the supply. BG Group,
the international natural gas company, is a major shareholder (65.12%) in
GGCL, whose majority stake it acquired in 1997.
GGCL provides the following services:

• Natural Gas Distribution

• Transmission System
• CNG
• Gas Supplies
• Natural Gas