Coinciding with World Environment Day, The Tata Power Company Limited (Tata Power), one of the India's largest integrated power companies, under its Home Automation range 'Tata Power EZ Home', announced the launch of a new AI-Powered PIR (Passive Infrared) Motion Sensor to provide smart energy solutions to help consumers conserve energy and reduce electricity bill, reinforcing its #DoGreen pledge.
PIR Motion Sensor can operate the associated appliance based on the presence of human motion within a 5-meter range. As per the BEE study report, the Tata Power EZ Home PIR Motion Sensor has the potential to save up to 40% on the consumption of associated home appliances. The Sensor along with other existing EZ Home offerings are in line with the new government recommendations for mandating the Energy Efficiency code compliance for residential buildings.
Speaking about AI-enabled energy solutions Tata Power Spokesperson said, "We're excited to introduce our AI-Powered PIR Motion Sensor to mark the World Environment Day. Through the use of these AI sensors, our discerning customers will be able to make informed decisions about energy conservation and its optimization, and join us in our #DoGreen mission."
Tata Power EZ Home also offers a variety of Home Automation, IoT based, products like modular switches, converters, controllers, etc. which provide end-users comfort and convenience to operate and control their home appliances from anywhere. With the unique energy analytics features, the products also provide end-users with data on their actual and predicted consumption at various levels (product level, room level, and home level). The real-time data also helps customers remain in the concerned tariff slab and helps them realize their savings. Tata Power EZ Home mobile app also displays information that cross compares energy usage vis-à-vis a star-rated electric appliance in the same category. This cross-comparison helps realize any efficiency issues indicating maintenance measures for the device.
Tata Power EZ Home solutions offers smart and user-friendly product ranges which can be easily installed without changing the existing electrical setup. Customers can either install the Tata Power EZ Home app or operate the products with a simple touch of a button on their smartphone or through voice commands with Alexa or Google Assistant or through remote, thereby, turning every switch and appliance into a connected device.
Shares of Tata Power Company Limited was last trading in BSE at Rs. 232.65 as compared to the previous close of Rs. 235.10. The total number of shares traded during the day was 685148 in over 7800 trades.
The stock hit an intraday high of Rs. 236.15 and intraday low of 230.60. The net turnover during the day was Rs. 160068610.00.