Thursday 26 May 2016

Saving the Society by Arresting Ozone Depletion by Anil Jain

Industrialist Anil Jain approaches to capture refrigerant gas leaks in cans, ISO tanks as he is having immersed knowledge in refrigerant space for quite a long time.



A Refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again. Many fluids have been used for such purposes. Fluorocarbons especially chlorofluorocarbons, became commonplace in the 20th century, but they are being phased out because of their ozone depletion effects.

CFCs have a lifetime of about 20 to 100 years, and consequently one free chlorine atom from a CFC molecule can do a lot of damage, destroying ozone molecules for a long time.  Although they are both nontoxic and very useful, CFCs damage the ozone layer, the thin layer of Earth’s upper atmosphere that absorbs UV light from the sun. Because UV light can cause skin cancer in humans, damage to the ozone layer has serious possible consequences for the society.

It is regarded as the major cause for ozone layer depletion contributing to global warming (green house effect).

Now days large quantities of CFCs filled refrigerant cans, cylinders, ISO tanks etc., This indicates that if CFCs are leaked in the environment, it will cause major effect to the society.

Mr .Anil Jain, CEO of Refex Refrigerant Limited, works for ozone diplomacy in saving the society by suggesting refrigerant leak arresting techniques.

Mr. Anil Jain works for the ozone diplomacy in suggesting ways which helps the society to know about the refrigerant release capturing procedures. His Gases leak detection methods and preventing measures can be undertaken for both initial test and follow - up verification, so that it can be identified at the earlier stage and fixed as soon as possible.

Monday 16 May 2016

Anil Jain Refex Energy said Setting up solar plants more expensive in Tamil Nadu

Anil Jain Chairman and Managing Director of the company Refex Energy said Setting up solar plants more expensive in Tamil Nadu. Even as the Tamil Nadu government is trying hard to be seen as India's next solar destination, taxation rules are serving as a hurdle.



"The overall project costs go up, because about 95% of the cost of a solar plant is the equipment while construction cost is very low. And it is the equipment that is taxed. We have petitioned the government but to no avail," Anil Jain, managing director of Refex Energy , said.

Setting up a solar power plant in TN is about 8% more expensive than in other states since companies have to pay between 5% and 14.5% more as taxes while procuring solar equipment, and liaisoning costs are higher.

A company that wants to set up a 10MW solar plant in Tamil Nadu would have to shell out about `3 crore more as the state imposes value added tax (VAT) of 5% on equipment required for solar plants."Andhra Pradesh, Maharashtra and Punjab offer full VAT refund. Tamil Nadu's solar policy offers no such exemption," Dakshinamoorthy Arumugam, director of Marigold Steel and Power, said. 

Saturday 7 May 2016

Industrialist Anil Jain History

Industrialist Anil Jain’s father and uncle came to Chennai in 1960 and started with an Auto Finance business. Over the period of time business had gradually moved up to trading in Industrial Stainless Steel. In 1976 they had started Madras Metals and Bombay metals in 1980. In mid 90’s Anil’s father has pioneered in initiating Bombay Metals.



During School days, he used to get paid Rs.15 for counting the collections of the firm at the end of the day. He slowly started learning the trade and started helping his father. During College days he had even sold Jeans and T-Shirts. According to him, accountability is very much important. He didn’t even mind carrying out basic jobs.  The environment in which he had spent his childhood days was that he had to earn his own way for his standard of living.

This made him independent from an early age. My vision came to alive after meeting with one of my customers, when I was exposed to a new product – Refrigerant Gas. A bit of research and he knew his big vision was at hand. He was able to foresee an exponential growth in the business of HFC gases, as by 2010 the use of HFC gases would be mandatory as per the Montreal Protocol.

There has been no look back since then.

His next vision is to establish a global footprint. As a first step he had taken majority stake in a Singapore-based company called Kaltech Engineering and Refrigeration Pvt Ltd, which was not very successful. So he had exited from this in 2011. During the same period, he also started Refex Energy Limited at home, which was focused on Solar Energy. His desire and vision drives him to the path of success.

His biggest strength is his team of people. He is always for them, personally and professionally.

Industrialist Anil Jain’s words to budding entrepreneurs: Be practical and pragmatic about whatever you do. Once you see the worth of something, take it forward, no matter what.