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Tata Power announces exclusive offer for consumers in Mumbai in association with Voltas AC

Posted On: 2019-09-11 12:04:05

India is a well-established consumer durables market. It is thus, crucial for brands to create energy efficient products. With an aim to promote energy conservation and provide consumers with green & efficient choices, Tata Power has announced an exclusive offer for its consumers in Mumbai where they can save up to 50% on the purchase of Voltas 5 Star Inverter AC. Moreover, consumers can also avail a special package of 5 year comprehensive warranty on the entire range of Voltas ACs. The offer will be limited till 31st December 2019.

Voltas' 5 Star Inverter ACs ensure higher energy saving with distinctive advantages.

Scheme details:

- Savings: A handsome saving of upto 50% available on the products

- Capacity: Models of 1, 1.5 & 2 Ton capacity are available under the program

- Flexible Warranty Options: Manufacturer standard warranty of 1 year & choice of purchasing warranty for additional years at discounted rates

- Exchange & New purchase Option: Can exchange old AC in working condition or buy a new AC by paying additional Rs. 2500

- Eligibility: A residential consumer is eligible to purchase a maximum of 1 Split AC whereas a Commercial consumer is eligible for a maximum of 2 Split Acs

- Latest 5-Star Ratings: All the models offered under this program have the latest 5-Star Rating from BEE (Bureau of Energy Efficiency)

-Free Standard Installation: Free standard installation (as per manufacturer conditions)

Mr. Praveer Sinha, CEO & MD, Tata Power, said: "Tata Power has always been advocating energy conservation and sustainability, a feature which Voltas' 5 Star Inverter ACs offer. We are glad to collaborate with them and look forward to offering our consumers with an efficient product that ensures substantial savings on their monthly bill and leaves a minimum carbon footprint without compromising on their comfort."

Mr. Pradeep Bakshi, Managing Director & CEO, Voltas Limited added "We are delighted to partner with Tata Power and provide consumers in Mumbai with 5 Star Inverter ACs that offer more savings in terms of cost and energy. As a Tata Group Company and a Market Leader in the AC industry, Voltas is always at the forefront of technological innovation and strives continuously to provide its customers with relevant, customer centric, technologically superior, green and environment friendly energy efficient solutions."

"Tata Power Solar and Voltas connected through their ethos of bringing the best for its consumers. Joining hands with Voltas, Tata Power Solar is enlarging its horizon of promoting solar rooftop in the country. With this initiative, we are strengthening the usage of solar energy and making India sustainable energy efficient. Making this venture more beneficial for consumers, existing Tata Power customers will be able to save up to 50% by purchasing a Voltas 5star AC. Our focus is to make our country renewable energy dependent. We are pleased with this association as Tata Power Solar and Voltas look at cleaner energy future and considerable reduction in the electricity bill for the next 25 years," added Mr. Ashish Khanna, President - Renewables, Tata Power and MD & CEO, Tata Power Solar.

Shares of TATA POWER CO.LTD. was last trading in BSE at Rs.60.3 as compared to the previous close of Rs. 58. The total number of shares traded during the day was 1093879 in over 2321 trades.

The stock hit an intraday high of Rs. 61.7 and intraday low of 57.85. The net turnover during the day was Rs. 64422283.

Shares of VOLTAS LTD. was last trading in BSE at Rs.639 as compared to the previous close of Rs. 629.55. The total number of shares traded during the day was 83708 in over 1469 trades.

The stock hit an intraday high of Rs. 642.8 and intraday low of 626.55. The net turnover during the day was Rs. 53372622.

Source: Equity Bulls

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