Latest news with #E10
Kyodo News
2 days ago
- Business
- Kyodo News
India PM Modi eyes visit to Japan in August for bullet train deal
KYODO NEWS - 2 hours ago - 19:11 | All, World, Japan The Japanese and Indian governments are arranging for Indian Prime Minister Narendra Modi to visit Japan in late August for talks with Prime Minister Shigeru Ishiba, diplomatic sources said Saturday. The two leaders are expected to agree on India's adoption of a next-generation shinkansen bullet train being developed by East Japan Railway Co. for a high-speed rail project underway in western India, the sources said. They may also agree to revise the 2008 Joint Declaration on Security Cooperation to expand their security partnership amid China's increasing maritime prowess, they said. The visit would be Modi's first since May 2023, when he attended the Group of Seven summit in Hiroshima, western Japan. Modi and Ishiba also aim to strengthen communication ahead of a four-way summit with the United States and Australia under the Quad framework, which New Delhi is set to host in the fall. The high-speed rail line will connect the western Indian cities of Ahmedabad and Mumbai, covering about 500 kilometers in roughly two hours. The project is considered a symbol of Japan-India cooperation, as it will use Japan's renowned shinkansen technology. JR East aims to complete the E10 series carriages in the fall of 2027 at the earliest, with commercial operation starting in fiscal 2030. In their meeting, Modi and Ishiba are expected to confirm plans to introduce the E10 series in the early 2030s, according to the sources. Through the revised security declaration, the two sides are expected to agree on strengthening comprehensive cooperation in broader areas, including space and cybersecurity, the sources said.
Kyodo News
2 days ago
- Business
- Kyodo News
India PM Modi eyes visit to Japan in August for bullet train deal
KYODO NEWS - 2 minutes ago - 19:11 | All, World, Japan The Japanese and Indian governments are arranging for Indian Prime Minister Narendra Modi to visit Japan in late August for talks with Prime Minister Shigeru Ishiba, diplomatic sources said Saturday. The two leaders are expected to agree on India's adoption of a next-generation shinkansen bullet train being developed by East Japan Railway Co. for a high-speed rail project underway in western India, the sources said. They may also agree to revise the 2008 Joint Declaration on Security Cooperation to expand their security partnership amid China's increasing maritime prowess, they said. The visit would be Modi's first since May 2023, when he attended the Group of Seven summit in Hiroshima, western Japan. Modi and Ishiba also aim to strengthen communication ahead of a four-way summit with the United States and Australia under the Quad framework, which New Delhi is set to host in the fall. The high-speed rail line will connect the western Indian cities of Ahmedabad and Mumbai, covering about 500 kilometers in roughly two hours. The project is considered a symbol of Japan-India cooperation, as it will use Japan's renowned shinkansen technology. JR East aims to complete the E10 series carriages in the fall of 2027 at the earliest, with commercial operation starting in fiscal 2030. In their meeting, Modi and Ishiba are expected to confirm plans to introduce the E10 series in the early 2030s, according to the sources. Through the revised security declaration, the two sides are expected to agree on strengthening comprehensive cooperation in broader areas, including space and cybersecurity, the sources said.
Asahi Shimbun
2 days ago
- Business
- Asahi Shimbun
Modi coming in August to seal deal on bullet trains for India
India's Prime Minister Narendra Modi reviews the honor guard at the Government House in Bangkok on April 3. (Reuters) Japanese and Indian officials are putting the final touches on a trip to Japan in late August by Indian Prime Minister Narendra Modi that will see Tokyo reaping a windfall sale of the latest Shinkansen bullet train technology to New Delhi. East Japan Railway Co. is planning to start commercial operations of its new E10 series of bullet trains in fiscal 2030, which the government has already said it is willing to share with India, according to several diplomatic sources in the two nations. 'This would be the first case of the latest model being introduced simultaneously in Japan and another country,' said a government source in Tokyo. During Modi's visit in late 2015 when Shinzo Abe was prime minister, it was agreed that India's first high-speed railway network would use Japanese technology. Initially, the E5 series used on the Tohoku Shinkansen line was to be exported to India. But then JR East in March announced plans to begin development of the next-generation E10 series of bullet trains, so officials approached their Indian counterparts about using that technology instead, according to sources. Modi last visited Japan in May 2023 as one of the invited leaders to join the Group of Seven summit in Hiroshima. One aim of the August trip is to set a pattern of reciprocal visits by the leaders of the two nations. India will host the Quadrilateral Security Dialogue, known as the Quad meeting, that groups Australia, India, Japan and the United States this autumn. Prime Minister Shigeru Ishiba is expected to attend. Arrangements are now being worked out for Modi and Ishiba in August to visit the plant in Miyagi Prefecture where the E10 prototype is being developed. Modi will also get an update on a plan announced in 2022 by Ishiba's predecessor, Fumio Kishida, for Japan to invest 5 trillion yen ($34.2 billion) in India over a five-year period. The two leaders are also expected to discuss cooperation in constructing a supply chain for semiconductors and other vital products. Modi may visit China after his Japan trip to attend the Shanghai Cooperation Organization summit, according to diplomatic sources. Russia is also a member of that organization. By visiting Japan prior to China, Modi will alleviate concerns in Tokyo that New Delhi, with its longstanding nonaligned diplomatic policy, is too dependent on Beijing, a government source said. (This article was written by Nen Satomi in Tokyo and Takashi Ishihara in New Delhi.)
Yahoo
05-06-2025
- Business
- Yahoo
Biofuel plant workers take concerns to Westminster
Workers from the UK's largest bioethanol plant have visited Westminster to raise concerns the facility could close within days without government support. Bosses of Vivergo Fuels in Saltend, near Hull, said the plant's future was "hanging in the balance" after the removal of a 19% tariff on US ethanol imports, which was part of the recent UK-US trade deal. The firm said that without urgent action, the plant, which employs more than 160 people, would no longer be viable. The government said it was working closely with the industry to understand the impacts of the trade deal and it was open to discussions over potential support. According to the Local Democracy Reporting Service, about 35 workers made the trip to London. Ben Hackett, managing director of Vivergo Fuels, said: "With the future of the Vivergo plant hanging in the balance, our workers felt compelled to speak directly to their MPs about what is at stake. "This isn't just about one site. It's about protecting thousands of skilled jobs, supporting British farming and preserving a vital part of our green energy infrastructure." MP for Hull East Karl Turner said: "The fact that dozens of workers had to travel from East Yorkshire to Westminster today shows just how serious this situation is. "Vivergo is not only a major employer in our region - it's a key player in our green economy and food security." The new mayor of Hull and East Yorkshire, Luke Campbell, urged the government to "rethink" the trade deal with the US to protect British job. In April, Associated British Foods (ABF) said it was in talks with the government to help save its Saltend plant after the company was forced to cut production levels due to low bioethanol prices. Vivergo Fuels produces bioethanol which is used in E10 petrol. E10, which was introduced in 2021 to help cut carbon emissions, contains up to 10% bioethanol. The plant also produces animal feed, which is a by-product of the bioethanol production process. Listen to highlights from Hull and East Yorkshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. Biofuel plant 'faces closure after US trade deal' Biofuel plant could close with loss of 150 jobs Local Democracy Reporting Service Vivergo Fuels
Yahoo
29-04-2025
- Business
- Yahoo
Biofuel plant could close with loss of 150 jobs
The company behind Primark has announced it could close a bioethanol plant in East Yorkshire, putting about 150 jobs at risk. Associated British Foods (ABF), a multinational food, ingredients and retail group, said it was in talks with the government to help preserve its Vivergo fuels site at Saltend, near Hull. The plant has recorded a loss in recent months after cutting production levels due to low bioethanol prices. ABF said the site could be closed or mothballed until conditions in the sector improved. The plant produces bioethanol, which is used in a type of petrol called E10. The fuel, which was introduced in 2021 to help cut carbon emissions, contains up to 10% bioethanol. Vivergo also produces animal feed, which is a by-product of the bioethanol production process. ABF told investors that the way in which regulations were being applied to bioethanol was undermining the commercial viability of the business. The consumer giant said it was having "constructive discussions" with the government, but added there was no guarantee these would be successful. "We will either mothball or close the Vivergo plant if necessary," a spokesperson added. George Weston, chief executive of ABF, said the government "subsidised" international competitors for their supply of bioethanol. "If the government wants to subsidise imported bioethanol then we can't compete against that," he said. However, he added that the government was "engaging with us on this". The plant opened in 2012, but was mothballed between 2018 and 2021. ABF's pre-tax profits slid by 21% to £692m for the 24 weeks to 1 March, with revenues 2% lower at £9.5bn for the period, shareholders were told. In addition to Primark, the group owns brands including Kingsmill, Ryvita and Twinings. Listen to highlights from Hull and East Yorkshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. Primark boss quits after complaint about behaviour Biofuels plant announces reopening Hydrogen energy site given the green light Associated British Foods Sign in to access your portfolio
