Mumbai, December 20, 2024: Phoenix Marketcity, Mumbai, has been honored with the National Energy Conservation Award 2024, securing the second prize for its exemplary efforts in energy efficiency and sustainability. This prestigious recognition was conferred by the Union Ministry of Power, Bureau of Energy Efficiency as part of its initiative to promote energy conservation across industries and establishments in India.
The National Energy Conservation Awards, launched in 1991, acknowledge organizations that demonstrate outstanding achievements in reducing energy consumption while maintaining operational efficiency. These awards play a significant role in advancing the country’s mission toward an energy-efficient and sustainable future.
The award ceremony was held on 15th December 2024 at Vigyan Bhawan, New Delhi, and was graced by prominent leaders, including Shri Jagdeep Dhankar, Vice President of India, as the Chief Guest. Other dignitaries included Shri Shripad Yesso Naik, Minister of State for Power and New & Renewable Energy; Shri Pankaj Agarwal, Secretary, Ministry of Power; and Shri Srikant Nagulapalli, Director General, Bureau of Energy Efficiency and Additional Secretary, Ministry of Power.
Speaking on this milestone, Vikas Shetty, Retailer Director, The Phoenix Mills Ltd., stated:
“We are incredibly proud to receive the National Energy Conservation Award 2024. This recognition underscores our steadfast commitment to sustainability and energy efficiency. At Phoenix Marketcity, Mumbai, we consistently implement innovative solutions to enhance energy conservation for the benefit of both our customers and the environment. This award is a reflection of the relentless efforts of our team and partners in achieving operational excellence through energy-efficient practices.”
As a leader in the retail sector, Phoenix Marketcity, Mumbai, has adopted several innovative and differentiated energy-saving measures to enhance both electrical and thermal efficiency. Key initiatives include:
- Integration of renewable energy sources such as solar power
- Optimization of chiller plant performance and pump reconfiguration
- Replacement of conventional lighting systems with energy-efficient LEDs
- Installation of timers and motion sensors to regulate energy usage
Phoenix Marketcity Mumbai’s ongoing commitment to implementing advanced technologies and sustainable practices has set a benchmark in the retail industry, reaffirming its leadership in driving energy conservation and environmental responsibility.
