The Best Business Led by a Woman
Thermax clinched the coveted ‘Best Business Led by a Woman’ award in the Giga category at the Moneycontrol Indian Family Business Awards 2022, held in New Delhi. The prestigious award recognises familyowned enterprises that play a crucial role in shaping and transforming India’s economic and social fabric. The recognition reflects Thermax’s pursuit of excellence and innovation, driven by exceptional leadership.
Act of Compassion Awards
Thermax Foundation emerged as a winner among over 120 entries to bag the prestigious Act of Compassion Awards in the ‘Education and Skill Building’ category. This recognition, a collaboration between The Times of India and Grant Medical Foundation’s Ruby Hall Clinic, celebrates impactful social initiatives. This win is a beacon to Thermax Foundation’s commitment to empowering communities through education and skill development.
TCM Awards
Thermax’s Heating and Chemical businesses achieved Level 3 (Operational Level) in the ‘Total Cost Maturity Model’ at the Confederation of Indian Industry’s Total Cost Management movement. A distinguished jury panel conducted thorough evaluations, affirming the businesses’ commitment to innovative and holistic cost management strategies for sustainable outcomes.
India Leadership Forum and Awards 2023
Thermax’s Chemical Procurement Team won the ‘Excellence in Procurement’ honour at the 5th Procurement India Awards. The award emphasises Thermax’s commitment to building sustainable value chains through enduring partnerships with vendors, contractors, and channel associates.
Projects and Energy Solutions won the Gold Award
At the 38th Convention of Quality Circle & Allied Concepts Competition organised by Quality Circle Forum of India (QCFI), which took place in Pune, Maharashtra, Thermax’s Projects and Energy Solutions team won the Gold Award for their case study titled ‘Improving Machine Run-Time and Saving Money’. It showcased how Thermax’s recommendation based on Kaizen technique led the customers to achieve a cumulative saving.
Golden Peacock Award
Thermax won the Golden Peacock Award for ‘Excellence in Corporate Governance’ in 2023. Initiated by the Institute of Directors, India, in 1991, the Peacock Awards are the benchmark of corporate excellence worldwide.
CII National Energy Efficiency Circle Competition – Innovative Clean and Green Technology Solution Provider
Thermax was acknowledged for its innovative solution, which led to significant water savings in the snacks industry. In a specific instance involving one of the prominent snack manufacturers, conventional wet cooling systems were replaced with advanced adiabatic dry cooling towers, which proved to be a gamechanger. This strategic choice facilitated an impressive annual water saving of approximately 51,000 kilolitres.
CII – Andhra Pradesh Safety Excellence Award 2023 – Gold
Thermax’s Sri City facility was honoured with the prestigious Gold award at the third edition of the Confederation of Indian Industry (CII) Andhra Pradesh Industrial Safety Excellence Awards 2023. Despite tough competition from over 500 organisations across different segments, we stood out for our firm commitment to safety.
FIEO Export Excellence Awards
Thermax was recognised for outstanding contributions in exports under two categories by the Federation of Indian Export Organisations (FIEO) - Western region at the annual Export Excellence Awards ceremony, which was held on March 25 in Mumbai, Maharashtra.