BWI: Panasonic India Becomes the Proud Winner of National Conservation Energy Awards 2012

Press release from Business Wire India
Source: Panasonic India
Wednesday, December 26, 2012 02:47 PM IST (09:17 AM GMT)
Editors: General: Consumer interest, Economy, Entertainment, Environment, People; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Energy companies, Major diversified industrial groups, Media & entertainment; Technology
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Panasonic India Becomes the Proud Winner of National Conservation Energy Awards 2012


New Delhi, Delhi, India, Wednesday, December 26, 2012 -- (Business Wire India) -- Panasonic India won the National Conservation Energy Award (NECA 2012) for its non inverter 5 Star Air Conditioners at Vigyan Bhawan, New Delhi on 14th December 2012. Hon'ble President Shri Pranab Mukherjee along with Shri Jyotiraditya Scindia, Hon'ble Minister of State for Power presented the award to Mr. Manish Sharma, MD- Consumer Product Division, Panasonic India. This award is organized annually by Bureau of Energy Efficiency (BEE) which is a statutory body under Ministry of Power, Government of India.

NECA is an award to give national recognition to the selected industrial units who have made systematic and serious attempts for efficient utilization and conservation of energy during the year. The scheme is open to all industrial units in the sub sectors like aluminum, automobile, chemicals, consumer goods, distillery and brewery, drugs & pharmaceuticals, fertilizers, forging, foundries, glass, integrated steel, mini steel, mining, paper & pulp, petrochemicals, refractory, sugar, steel re-rolling mill, textile plants and more.

After receiving the award, Mr. Manish Sharma - Managing Director- Consumer Product Division, Panasonic India said, "We are thankful to the Bureau of Energy Efficiency, Government of India, to have recognized our green innovation efforts which indeed have resulted in higher energy efficiency of our products. One of the ways in which we have integrated our contributions to the environment with business growth is by creating our 'eco ideas' mark to help our customers quickly and clearly identify products that have been designed to minimize energy and resource use. This certainly is our step forward towards realizing our vision of becoming the No. 1 Green Innovation Company in the Electronics Industry by 2018. We have been putting the environment at the centre of our business decisions as a way to bring forth our vision of "Green Life Innovation" and "Green Business Innovation." Winning this award is extremely reassuring that we are on the right track and would definitely strengthen the faith our customers have in our green products."

Air Conditioner is a product that a consumer would associate with high electricity consumption in turn leading to high electricity bills. That is why the consumers in the low to middle income group treat an air conditioner as a high involvement purchase decision product. Having a power consumption of 1530 W Panasonic TC 1.5 ton 5 star Jade series gives you more energy savings over a non star rated air conditioner in the long run. The energy conservation depends on the input power, the running hours and the cost of per unit electricity. If we compare Panasonic 1.5 ton Jade series having a power input of 1530W with a 1.5 ton non star rated air conditioner having a power input of 2510W, with 80% compressor being functional we can easily say that the consumers will save up to 39.04 percent on their electricity bill.

Panasonic's CS-TC18NKY/CU-TC18NKY, a 5 Star air conditioner is the winning product in the consumer goods category. Several unique features in the air conditioner make it highly efficient in energy conservation. The Econavi mono sensor in the air conditioner can detect wasted energy and automatically select optimum energy saving operation which leads savings up to 20 percent. The High activity detection feature automatically increases cooling power to improve comfort when needed. The Anti Bacterial Filter which combines three effects in one: anti allergen, antivirus & anti bacteria protection to provide 99 percent clean air for a healthy lifestyle. The Soft Dry Mode starts with cooling to dehumidify and provides continuous breeze at a low frequency to keep a room dry without much change to the temperature. The anti-rust coating on the condenser and the super tropical compressor make the product highly efficient and help it perform well under high load conditions.

Panasonic has long focused its efforts in India on developing the best products possible for its Indian customers and employees. As a testimony to that the company has recently inaugurated its first environment friendly model factory in India in the town of Jhajjar, Haryana. It is the largest manufacturing facility for Panasonic's global operations yet the factory will create almost zero waste. The introduction of a number of eco-features in the Techno Park Jhajjar factory, make it one of the greenest facilities Panasonic operates globally.

Panasonic Corporate Vision

Panasonic has a vision to become the No. 1 Green Innovation Company in the Electronics Industry by 2018, when Panasonic will celebrate its 100th anniversary. Panasonic aspires for global excellence as a Green Innovation Company, encompassing two goals: Green Life Innovation to realize green lifestyles to enrich people's lives and Green Business Innovation to bring forth innovation in our business styles.

About Panasonic Corporation

Panasonic Corporation is a worldwide leader in the development and manufacture of electronic products for three business fields, consumer, components & devices, and solutions. Based in Osaka, Japan, the company recorded consolidated net sales of 7.85 trillion yen for the year ended March 31, 2012. It aims to become the No. 1 Green Innovation Company in the Electronics Industry by the 100th year of its founding in 2018.The company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:PC) stock exchanges. For more information on the company and the Panasonic brand, visit the company's website at http://panasonic.net/

About Panasonic India

Panasonic makes available in India its wide range of consumer electronics and home appliances like LCD & Plasma TVs, DVD players, home theatre systems, cameras, camcorders, car audio systems, air conditioners, washing machines, refrigerators, microwave ovens, automatic cookers, vacuum cleaners and the like. The company has a workforce of about 12,650 in India and an estimated turnover of Rs 10,000 crores in FY 2012. For more information on the company and the Panasonic brand in India, please visit http://panasonic.co.in.

To view the photograph, please click on the link given below:

The Hon'ble President Shri Pranab Mukherjee along with Shri Jyotiraditya Scindia, Hon'ble Minister of State for Power present the National Conservation Energy Award (NECA 2012) for its non-inverter 5 Star Air Conditioners to Mr. Manish Sharma - Managing Director- Consumer Product Division, Panasonic India
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CONTACT DETAILS
Richa Sethi, Panasonic India, +91 9560498765, richa.sethi@in.panasonic.com
Malvika Sinha, Genesis Burson-Marsteller, +91 9873382955, malvika.sinha@bm.com

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