Piramal Water, an initiative by Piramal Foundation, has been awarded with Frost & Sullivan India Electronics Awards for ‘Enabling Technology Award of the Year in the Electronic Security and Auto ID & Data Capture Technologies Market’. This award is a tribute to the company that has developed a technology that revolutionalised the industry for the year 2012.
Piramal Water operates through its Water ATM’s in six states with unique RFID, cloud management systems and customized ERP solutions. Its franchisee model helps create local entrepreneurs, who sell water at ultra-affordable prices (30 paisa per litre) and become financially sustainable. The leveraging of technology helps make the service and delivery of drinking water highly transparent. Frost and Sullivan has recognized this initiative that combines technology and sustainable business models that help in delivering drinking water to the last mile. It is also recognized as compatible model for working with Government agencies, NGOs and CSRs.
Commenting on the award, Paresh Parasnis, head, Piramal Foundation said, “It is a great achievement for Piramal Foundation to receive this industry recognition. Sarvajal has unmatched expertise in delivering safe drinking water under the most difficult circumstances for any size of community. With our initiatives we continue to create replicable solutions to some of our nation's most pressing challenges.”
Sarvajal partners with companies, non-profits, and agencies to deploy end-to-end drinking water solutions for communities, facilities, and institutions. From solutions for patients at public hospitals to water micro-grids in urban settlements, Sarvajal aims to provide clean and safe drinking water for all.
Piramal Water was established to find viable mass-market solutions to India's drinking water crisis. Piramal Water operates under the brand "Sarvajal"; is a for-profit business that is structured to provide cost leadership and technological innovations. The Sarvajal solution provides appropriate incentives to create market-based solutions that can reach enough scale to impact the health of India's masses. Piramal Water's mission is to make pure drinking water accessible and affordable for everyone.