Tata Power Delhi Distribution Limited (Tata Power-DDL), the pioneer in power distribution in India with a consumer base of 7 million people in Delhi was honoured at the 3rd Edition of CII National Energy Efficiency Circle Competition, held at the India Habitat Centre, New Delhi. The platform recognizes the organizations that have made outstanding contributions in the area of Energy Efficiency and Demand Side Management.
Tata Power-DDL won the “Innovative Financing & ESCO Model Award 2019” which was presented by Dr. Rane Van Berkel, representative of United Nations Industrial Development Organization (UNIDO) to company officials. The award bears testimony to the efforts put in towards the implementation of Innovative Financial and ESCO Model by organizations across various industries.
The benefits of Innovative Financing & ESCO Model Award are low power consumption, savings in electricity bill and longer warranty period for the products. This also helps Tata Power-DDL to optimize the peak load consumption and reduce Greenhouse Gases and Carbon Foot Print.
Commenting on the recognition, Mr. Sanjay Banga, CEO, Tata Power-DDL, said, “Tata Power-DDL is privileged to receive this prestigious honour. We are delighted to be recognised by CII, the foremost industry association for our efforts put in towards the implementation of Innovative Financial and ESCO Model and we will keep contributing in the area of Energy Efficiency and Demand Side Management in the future.”