Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

Voltas wins the prestigious 'National Energy Conservation Award 2020'

Posted On: 2021-01-13 08:59:56 (Time Zone: Arizona, USA)

Voltas Limited, the undisputed market leader for room air-conditioners in India and known for its energy efficient products & solutions, was the proud recipient of the Ministry of Power's 'National Energy Conservation Award 2020' at a virtual award ceremony hosted by the Bureau of Energy Efficiency on the 11th of January, 2021. Voltas was conferred this award by Shri R.K Singh, Hon'ble Minister of State (I/C) for Power and New & Renewable Energy and Minister of State in Ministry of Skill Development and Entrepreneurship, for the Company's exemplary achievement in these challenging times of the pandemic.

Launched in 1991 by the Ministry of Power, Govt. of India, the award recognizes industries and establishments that have taken special efforts to reduce energy consumption while maintaining their production. This was the fourth time that Voltas has been felicitated with this award. Voltas walked away with this esteemed award in the year 2013, 2015, and 2018 proving that Voltas is a flag bearer in taking initiatives to build an energy efficient nation through innovation, infrastructure and services as a brand, and as an organization.

Voltas was judged to have outperformed all others on the following two categories, namely:

- Appliance of the Year in Air Conditioners (Fixed Speed)
- Appliance of the Year in Air Conditioners (Variable Speed)

Voltas has always been a flag bearer when it comes to building awareness, and take initiatives to build an energy efficient nation through its world class consumer products, large scale rural electrification projects, recycling resources and tree plantation drives.

Speaking on the occasion, Pradeep Bakshi, Managing Director and CEO said, "We are delighted to receive the Appliance of the Year in Air Conditioners Award at the National Energy Conservation Awards 2020. At Voltas, it has always been our endeavor to offer appliances that are conscious of a greener and more environmentally friendly future. We have been working tirelessly to introduce products and technologies that would lead to more energy savings. Our differentiated positioning of energy efficiency is based on intelligent design and innovative cooling, doubling up to provide not only cost-effectiveness but also the highest levels of energy efficiency.

As energy consumption increases at an alarming rate, protecting and preserving our environment continues to form a prominent part of Voltas' commitment. We are thankful to the Ministry of Power and Bureau of Energy Efficiency for recognizing our innovations and addressing the increasing need for energy efficient products in the country. I would also like to take this moment to thank the incredible engineers at Voltas, without whom we would not be able to reach the heights of success that we currently enjoy."

In its six decades of functioning, Voltas has worked towards introducing various innovations to deliver high levels of energy efficiency. The Company launched India's first energy efficient Air Conditioner in 2007 and was among a few of the brands who introduced the star rating concept in the industry, encouraging patrons to adopt an energy-conscious journey. Voltas has also introduced the first Inverter Window AC in India and All Star Inverter AC range, along with India's first 5-star rated Front-load Washing machine as well as India's first Adjustable Inverter AC range with flexible tonnage options.

Beyond products, Voltas enabled rural electrification in 7000+ villages and its facilities generated 15 lac KWH of solar energy in the last couple of years. The Company recycled and regenerated 100% energy and planted 1500 trees in FY20 to make our planet greener and cleaner. Voltas truly believes that even the smallest step can make a big difference and urges its consumers and peers to consciously use appliances and products that save energy.

Shares of VOLTAS LTD. was last trading in BSE at Rs.894.45 as compared to the previous close of Rs. 903.75. The total number of shares traded during the day was 44255 in over 1625 trades.

The stock hit an intraday high of Rs. 912 and intraday low of 882.15. The net turnover during the day was Rs. 39770052.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

TGV Sraac Ltd reports lower Q3FY21 net profit of Rs. 9.85 crore

Aarti Drugs Ltd Q3FY21 consolidated PAT drops QoQ to Rs. 68.04 crore

Lakshmi Electrical Control Systems Ltd Q3FY21 net profit at Rs. 0.0875 crore

PG Electroplast Ltd Q3FY21 net profit rises to Rs. 6.49 crore

Kirloskar Ferrous Industries Ltd Q3 net profit jumps to Rs. 118.32 crore

Stylam Industries Ltd reports Rs. 12.46 crore consolidated PAT in Q3FY21

Vinyl Chemicals India Ltd posts Rs. 4.83 crore PAT in Q3 FY2020-21

APL Apollo Tubes Ltd Q3FY21 consolidated PAT higher at Rs. 132.04 crore

Thomas Cook India inks strategic agreement with Destination Maldives

PNC Infratech Limited receives LOAs for Six New Rural Drinking Water Supply Projects on EPC mode for an aggregate value of Rs. 2475.00 crore

Arihant Capital Markets Ltd posts consolidated PAT of Rs. 8.94 crore in Q3FY21

Kotak Mahindra Bank posts Rs. 2575.74 crores consolidated PAT in Q3 FY2020-21

Shri Jagdamba Polymers Ltd Q3 net profit jumps to Rs. 11.35 crore

UCO Bank Q3FY21 PAT at Rs. 35.44 crore

DCW Limited board approves fund raising through warrants

Lupin Receives approval for Sevelamer Carbonate Tablets

Strides receives USFDA approval for Ursodiol Capsules

Kiri Industries Limited starts commercial production of Specialty Intermediates at Vadodara Palnt

Bannari Amman Spinning Mills Ltd board approves stock split, CDR

Padget Electronics to commence manufacturing of Nokia smartphones as HMD Global's manufacturing partners

Zydus' Desidustat shows efficacy and safety in treating Hypoxia in hospitalized Covid-19 patients in Mexico

Wipro recognised as Top Employer 2021 in Australia for the second consecutive year

Antony Waste Handling Cell Ltd updates on business during Q3 FY21

Tiaan Consumer Limited Signs Up as a Beauty Partner for Safe Speed Challenge

R S Software India Ltd posts loss of Rs. 5.11 crore in Q3FY21

NCL Industries Ltd to set up 2000 TPD cement grinding unit

Riba Textiles Limited to expand capacity

United Spirits Limited to sell its stake in Tern Distilleries Pvt Ltd for Rs. 30 crore

Hinduja Global Solutions Limited arm raises stake in HGS Digital LLC to 100%

Adani Green Energy Signs Agreement to Acquire 20 MW Operating Solar Asset for INR 133 cr

Steel Exchange India Limited receives OTS sanction letters from all lenders

DCB Bank Ltd posts Q3FY21 net profit of Rs. 96.21 crore

Vivanza Biosciences Ltd posts consolidated PAT of Rs. 0.16 crore in Q3

Arihant Superstructures Ltd Q3FY21 consolidated net profit at Rs. 1.94 crore

ICRA reaffirms rating of IIFL Finance Ltd, IIFL Home Finance Ltd

Zenotech Laboratories Ltd appoints Mr. Devendra Chandrakant S. Kenkre as CEO

Polycab India Ltd reports Q3FY21 consolidated PAT of Rs. 262.50 crore

JM Financial Ltd posts consolidated PAT of Rs. 180.76 crore in Q3 FY2020-21

Birla Corporation Ltd Q3FY21 consolidated PAT at Rs. 148.42 crores

Sportking India Ltd Q3 net profit zooms to Rs. 30.32 crore

APM Finvest Ltd Q3FY21 net profit jumps to Rs. 6.90 crore

Ultratech Cement Ltd reports jump in Q3FY21 consolidated PAT to Rs. 1584.34 crores

Supreme Industries Ltd Q3FY21 Q3FY21 consolidated PAT zooms to Rs. 312.28 crore

Mahindra Lifespaces achieves residential sales of Rs. 195 crores during Q3FY21 up 70% over Q2FY21

Rossari Biotech Ltd Q3FY21 consolidated PAT up at Rs. 21.60 crore

Vimta Labs Ltd Q3FY21 net profit up at Rs. 8.01 crore

Pudumjee Paper Products Ltd reports loss in Q3FY21

Zydus Cadila receives final approval from USFDA for Liothyronine Sodium Tablets

Tata Power Solar receives the EPC order for INR 1200 Crore from NTPC for setting up of 320MW ground mounted Solar PV project

Pil Italica Lifestyle Ltd Q3FY21 PAT at Rs. 2.02 crore

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020