News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 14 years ago
Home  » Business » Ratan Tata dreams of water-powered cars!

Ratan Tata dreams of water-powered cars!

Source: PTI
December 31, 2010 16:04 IST
Get Rediff News in your Inbox:
Tata Group chairman Ratan Tata's dream is to see cars run on water and he has invested $15 million in a start-up firm supporting research in the field, an eminent scientist said.

Chairman of the Scientific Advisory Council to the Prime Minister Prof C N R Rao said one of his close friends and a professor in the famed Massechusetts Institute of Technology in the US has found a way to split water directly into hydrogen and oxygen. "Ratan Tata has given him (the Professor) $15 million so that he (Tata) can own that company when it comes up," Prof Rao said.

"He (Tata) wants to invest in a company which will split water directly into hydrogen and oxygen," Rao said, adding, when any kind of water -- toilet water, rain water or sea water -- can split to hydrogen and oxygen, then these components can be used for energy.

"And a dream of Ratan Tata is eventually cars will be run on water. My dream is also that," he said, referring to a recent conversation he had with the Tata Group chairman. Rao spoke on this initiative during a press conference convened by the Chemical Research Society of India to give details of the organisation's planned activities in 2011, an year which had been declared as the "International Year of Chemistry" by the United Nations.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!