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Uttam Value Steels Limited bags National Energy Conservation Award 2014

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Award presented by Shri. Piyush Goyal, Union Minister of State Power & Renewable Energy, Government of India

Pune (Dec. 19, 2014): Uttam Value Steels Limited, today announced that it has received the most coveted award recognising Energy Conservation on a national platform - The “National Energy Conservation Award 2014”.

Uttam Value Steels Limited is a part of the Rs. 15000 crore Uttam Group, one of the country’s largest manufacturer-exporter of value added steel products.

National Energy Conservation Award is a program set up by the Bureau of Energy Efficiency, a statutory body under the ministry of power, Government of India instituted in the year March 2002 under the provisions of Energy conservation Act, 2001.

Uttam Value has received the recognition for its concerted initiatives to efficiently utilize and conserve energy. The Award was presented by Shri Piyush Goyal, Union Minister of state for Power, Coal and New & Renewable Energy (Independent Charge) to Mr. Sunil Katial, Director - Group Manufacturing, Uttam Group. at a function held recently at Vigyan Bhavan, New Delhi.

Instituted by the Government of India, the National Energy Conservation Award is an annual honour given each year to an organisation in recognition of its systematic and serious efforts towards efficient utilization and conservation of energy. The award is given to organisations across various sectors including Iron & Steel, Textiles, Aluminium, Paper & Pulp, Hospitality, Health Care, Tourism, among others. The evaluation criterion is very stringent and guided by an award committee comprising of industry experts from various industrial sectors.

Commenting on the achievement, Mr. Ankit Miglani, Director said “We are delighted on being presented this award. At Uttam Value, it is our continuing effort to utilise the existing sources of energy optimally. Being a socially responsible corporate, this recognition will spur us to continue to invest in best practices to achieve newer heights in energy conservation.”