Cemtrex Pursues Opportunities in Southeast Asian Power Markets Following Exhibition at Power Gen India
FARMINGDALE, N.Y., May 30, 2013 /PRNewswire/ -- Cemtrex Inc. (OTC: CTEI) (www.cemtrex.com) announced that it participated in Power Gen India 2013 at Bombay Exhibition Center, the largest venue of its kind in Mumbai, India. Cemtrex had the opportunity to display the full range of Process and Emissions monitoring & reporting systems at this Conference to various power producers in Southeast Asia.
Saagar Govil, CEO of Cemtrex, commented, "During the exhibition, a Strategic Conference Session, 'Controlling Emissions Now and in Future,' was presented, which aptly reflected our capabilities displayed in the exhibition booth. India will likely add between 600-1200 GW to its generation capabilities, roughly the entire capacity of Europe, over the next 30 years so we see that as a tremendous opportunity for Cemtrex."
The Exhibition and Conference were well attended by many key decision makers in the industry. Cemtrex believes this conference would open many new opportunities in the Indian market, where large numbers of power plants are being installed and Environment Regulations are being implemented more aggressively by the Ministry of Environment and Forest.
Cemtrex's range of solutions includes emission controls through online & real-time monitoring for Power Producers, burning any fossil fuel. The web-based technology applied to our reporting systems enable online and remote access of critical Environmental data not only by Government officials but also the facility operators and other users. Cemtrex has packaged Environment monitoring information system along with Corporate Sustainability portfolio in the emerging power market worldwide.
Cemtrex Inc. (www.cemtrex.com) is a worldwide market leader in manufacturing and selling the most advanced instruments for emission monitoring and process analysis. Cemtrex also markets process analysis systems for industrial optimization techniques for refineries and boilers. The company also markets Green DCV, an innovative energy efficiency solution for high-quality green commercial buildings, through optimizing HVAC control systems. The Company's products are sold to power plants, refineries, chemical plants, cement plants and other industries, including federal and state governmental agencies.
Safe Harbor Statement: This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.
SOURCE Cemtrex Inc.