Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo  >  Kirin Holdings Co Ltd    2503   JP3258000003

KIRIN HOLDINGS CO LTD

(2503)
My previous session
Most popular
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Kirin : Govt to introduce solar plan for dairy sector by subsidising setup soon

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 04:44am EDT

The government is actively considering solar plan for the dairy sector by subsidising the setup, according to NDDB chairman Dilip Rath. Speaking at a workshop on Solar Energy for Dairy Farmers here on Wednesday, Rath revealed that the plan has been agreed in principle and an announcement is expected soon.

Rath stated that NDDB (National Dairy Development Board) has started application of Concentrated Solar Thermal technology or CST in dairy processing plants to partly address the need for thermal energy in dairy cooperatives.

CST can reduce the annual heat demand of the processing plant from 5 to 15%. With the help of capital subsidy support from MNRE (Ministry of New and Renewable Energy) and UNDP (United Nations Development Programme), NDDB has completed 15 CST installations in processing plants of dairy cooperatives across four states of Maharashtra, Punjab, Gujarat and Karnataka. The total installed collector area at these locations is around 8,000 m2 of aperture area, he said.

He added that with successful experimentation of installing grid connected solar PV (photovoltaic) systems with storage (if required) in village level dairy cooperatives / milk collection centres, NDDB has started propagation of solar energy run village cooperatives across the country.

The NDDB chairman stated, Support under National Dairy Plan I was also provided to 125 such installations across 18 states and results have been encouraging. A uniform policy framework with suitable grant support can help solarise entire village level dairy operations, which would reduce energy cost and contribute significantly to environment protection.

Rath informed that Prime Minister of India inaugurated NDDB-promoted Saur Urja Utpadak Sahakari Mandali Ltd at Mujkuva village near Anand in Gujarat on September 30, 2018. Some 11 farmers have surrendered their access to the state subsidised electricity and opted for solar energy and supplying surplus energy to grid.

Meanwhile, in his inaugural address, Raj Kumar Singh, Minister of State for Power and New & Renewable Energy, said that the entire dairy value chain from village level milk pooling points to product delivery is energy-intensive. Extensive use of solar energy in dairy value chain can significantly reduce operational cost and ensure usage of clean energy. Singh said that NDDB with its mandate of promoting cooperative strategy has played a pivotal role in creating a pan-India network of dairy cooperatives.

He mentioned that the dairy network now had around 1.65 lakh village level dairy cooperatives, 218 district/regional/taluka unions and 24 state dairy federations/apex milk unions. Around 15 million milk producers are affiliated to this network.

As on March 2018, the network maintains 72 MLPD (million litre per day) of processing capacity, 18 MLPD of chilling capacity and 38 MLPD of village level bulk milk cooling capacity. The Union Minister stressed on the need of creating an enabling policy framework to further propagate usage of solar energy utilising the dairy cooperative network for the benefit of farmers.

He conveyed that the Union government is promoting solar pumps to ensure usage of clean energy and at the same time reduce the agricultural subsidy burden. Grid connected solar pumps is an alternative which while ensuring water for free to farmers will help them earn additional income through selling surplus energy.

The workshop highlighted solar energy as income source for dairy farmers. Discoms (distribution companies) shared their initiatives and promoted the concept of solar as a remunerative crop. IIT, STFI, GIZ, National Institute of Solar Energy (NISE), Rajasthan Electronics and Instrumentation Limited (REIL) and Energy Efficiency Services Limited (EESL) shared their experiences in application of solar in dairy value chain especially the CST, industrial heating, bulk cooling and milk collection systems.

(c) 2019 Business and Financial Times - All Rights Reserved Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on KIRIN HOLDINGS CO LTD
03/04KYOWA HAKKO KIRIN : Kirin Announces Refiling of Istradefylline (KW-6002)'s New D..
AQ
02/16Ultragenyx and Kyowa Kirin Announce Positive 64-Week Results for Crysvita (bu..
AQ
02/15KIRIN : Announces its Long-Term Management Vision for 2027 and Medium-Term Busin..
AQ
02/15Ultragenyx and Kyowa Kirin Announce Positive 64-Week Results for Crysvita fro..
AQ
02/14KIRIN : Notice Regarding the Long-Term Management Vision "Kirin Group Vision 202..
PU
02/14KIRIN : Defines CSV Purpose as its Long-Term Non-Financial Targets
PU
02/14KIRIN : Notice Regarding Dividend for the Fiscal Year Ended December 31, 2018
PU
02/11KIRIN : establishes plastic policy for its domestic businesses
AQ
02/09Ardelyx Collaboration Partner, Kyowa Hakko Kirin, Announces Initiation of a P..
AQ
02/07Kyowa Hakko Kirin Initiated Phase 2 Clinical Study of Tenapanor for Hyperphos..
AQ
More news
Financials (JPY)
Sales 2019 1 965 B
EBIT 2019 330 B
Net income 2019 143 B
Debt 2019 239 B
Yield 2019 2,42%
P/E ratio 2019 15,42
P/E ratio 2020 15,12
EV / Sales 2019 1,30x
EV / Sales 2020 1,29x
Capitalization 2 325 B
Chart KIRIN HOLDINGS CO LTD
Duration : Period :
Kirin Holdings Co Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends KIRIN HOLDINGS CO LTD
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 2 860  JPY
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Yoshinori Isozaki President, CEO & Representative Director
Noriya Yokota Chief Financial Officer & Director
Toshio Arima Independent Outside Director
Keisuke Nishimura Representative Director & Vice President
Toshiya Miyoshi Director & Managing Executive Officer
Sector and Competitors
1st jan.Capitalization (M$)
KIRIN HOLDINGS CO LTD13.87%20 855
ANHEUSER-BUSCH INBEV24.28%137 231
AMBEV SA8.97%69 228
HEINEKEN20.60%60 726
ASAHI GROUP HOLDINGS LTD11.62%20 329
CARLSBERG A/S18.45%18 883