Racold wins Most Energy Efficient Appliance of the Year

December 20, 2017: Racold, India’s largest provider of water heating solutions has been conferred the “Most Energy Efficient Appliance of the Year” award in the storage water heater category. It is the only brand in the category to receive this award.

The prestigious award by Bureau of Energy Efficiency was presented to Racold’s Head of Research and Development, Mr. Abhijit Banshelkikar by the Hon'ble Minister of State (I/C) for Power and New & Renewable Energy, Shri R. K. Singh with the chief guest as Hon’ble President of India, Mr. Ram Nath Kovind at a glittering ceremony in Delhi.

The Bureau of Energy Efficiency, Ministry of Power felicitated the winners out of 322 energy efficient companies from select sectors across India.  The BEE recognises innovation and achievements in energy conservation by industries and manufacturers of BEE star labelled appliances. The awards are also recognition of their demonstrated commitment to energy conservation and efficiency. The award is under a new category of awards which has been introduced this time as “Appliance of the Year”, which recognises the most energy efficient model in six product categories of Air Conditioner, Ceiling Fan, Refrigerator, Storage Water Heater, Television and Pumps.

This is the 8^th consecutive BEE win for Racold with the first BEE award being conferred in 2010.

As a part of its key strategic initiatives, Racold has successfully created awareness about environmental consciousness among the society at large. Racold has been strengthening year on year, its energy efficient product portfolio in electric storage water heaters, resulting in outstanding growth in its sales of star rated water heaters. Racold’s parent company, Ariston Thermo’s target is to realize 80% of its total business from highly energy efficient or renewable energy products by 2020.

Speaking about the recent honour, Mr. V Ramnath, Managing Director, Ariston Thermo Private Limited, said, “Racold has placed energy efficiency at the heart of its sustainable growth strategy and is deeply committed to energy conservation. Our product portfolio consists of highly energy efficient water heating solutions that contribute decisively to the reduction of energy consumption without compromising on quality, efficiency and comfort. We have always worked towards development of the society and are strong advocates of producing energy efficient products for our audience.”

Racold recently launched a new range of aesthetic storage water heaters, the Andris across the country

designed by the renowned Italian designer Umberto Palermo, Andris is a premium designed water heater which is meant to enhance the aesthetic of the bath space.

A combination of compact design and thick injected PUF insulation makes it a very energy efficient water heater, which is also validated by its 5star rating from BEE.  Andris is also rated 8 bar that enables it to withstand high pressure and makes it suitable for high rise buildings Racold has also recently rolled out its latest brand campaign with a social message “caring about your parents”- #PowerofHotShower.

About Brand Racold

Racold is a flagship brand of Racold Thermo Pvt. Ltd. Racold as a brand is synonymous with breakthrough innovation, premium quality and complete customer satisfaction. As a further testimony to their continuous delivery on performance, they have been the first to obtain quality and performance certifications as per IEC, CE and other similar International standards.

With a complete range of Electrical, Gas and Solar water heaters and Heat Pumps, Racold provides complete water heating solutions to all the sectors i.e. domestic, commercial and industrial. Racold focuses on consumer insight led innovation which has led to technological features like Programmable cycle, Smart Bath Logic and Eco sense.

Racold has won the prestigious National Energy conservation award consecutively 7 times in a row from 2010 to 2016. This award has been instituted by BEE in the electric storage water heater category.

Racold has been awarded as the ‘Most Trusted Brand in India’ in water heater segment by the Brand Trust report 2016 based on research conducted by Trust Research Advisory (TRA). The award is a testimony to the dominance that the brand enjoys in the customer’s mind

About Ariston Thermo Group

Ariston Thermo Group is the global leader in thermic comfort solutions for domestic, commercial & industrial spaces.

All over the world, Ariston Thermo is synonymous with comfort, energy efficiency and respect for the environment, thanks to its high efficiency products, its plants in compliance with the most advanced production standards and excellent pre- and after-sales customer support services.

The 1.43 billion Euro group employs 6900 people worldwide and manufactures over 7 million products per year, and over 35 million components. With 22 state-of-the-art production units in 13 countries, Ariston Thermo Group has a global presence in 150 countries with Ariston as its flagship brand.  Over 6 million households choose us every year and more than 250 million people experience the comfort of Ariston Thermo products. The company invested over 69 million Euros across 19 R&D centers in 12 countries. The company has significant presence in Europe and Asia, with production sites in Belgium, China, France, Germany, India, Italy, Netherlands, Russia, South Africa, Switzerland, Uzbekistan and Vietnam. There is now a major thrust on Renewable energy, through solar water heaters and systems. By 2020, the group aims to have 80% of its business coming from high efficiency and renewable solutions.

About Ariston Thermo India Private Limited Ariston Thermo India Private Limited, a wholly owned subsidiary of Ariston Thermo Group, Italy, is responsible for marketing, sales and service of “Racold” products in India.