Press Release

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India's leading solar energy solutions company Waaree Energies Limited has installed 25,000 LPD solar thermal systems at the monastery in Leh, Ladakh. The project was part of an initiative by Ladakh Renewable Energy Development Agency (LREDA) which will reduce 17,000Kg CO2 emission per day from the atmosphere by replacing burning of fossil fuel.

Access to hot water for daily use is a huge challenge in Leh, Ladakh at an elevation of 12,000 feet with temperature ranging from -15�C to 20�C. Electricity is a scarce resource, storing firewood is inconvenient and fuel is expensive due to the transportation cost.

One of the residents at the monastery, Yangchen Dolma, while sharing her experience said "WAAREE solar water heater system is very helpful to us as it provide hot water at any time of the day without any effort and helps us save a lot of fuel. This system has been provided to us by the govt. (LREDA) on subsidy, but I think even without subsidy this is affordable to everyone and is worth it. I think this product could change the lives of people living in remote and harsh climatic condition like Ladakh a lot." 

This project has also been well appreciated by LREDA officials, Mr. Jigmet Takpa, Director of Ladakh Renewable Energy Development Agency said "Waaree solar water heaters are suitable for the harsh climate of Ladakh. These water heaters have sold like hot cakes and all units have already been installed and commissioned. We are very delighted with the quality of workmanship and the services rendered by Waaree and look forward to working with them again" 

Speaking at the occasion Mr. Nikunj Shukla, SBU Head- Solar Thermal Division mentioned that "It is one of the very rare experiences by installing systems which is not only helping the residents of Leh and Ladakh but also will help to reduce environmental pollution. While working with solar energy it also gives pride to serve nation by saving forex through substituting fossil fuel consumption."

ABOUT WAAREE:

WAAREE is one of India's leading "multi-technology" companies, headquartered in Mumbai. Founded in 1989, Waaree successfully developed cutting edge technologies to become one of the most preferred brands in the field of instrumentation. The company's major business lines are solar energy, industrial valves, petroleum equipment and process control instrumentation. Over the years WAAREE has rapidly expanded, combining organic growth with selective acquisition policies. The primary objective is to be at the forefront of industrial development by being commercially and technologically advanced. Waaree has presence in over 68 countries.

Website: http://www.waaree.com 

Contact:
Vipin Vijayan
Waaree Energies Limited

602, Western Edge-I, Off. Western Express Highway, Borivali (East), Mumbai-400066. Maharashtra, India 
022-66444406