+
 Carrier Abound Wins Gold for AI-Driven Energy Savings in Banking
POWER & RENEWABLE ENERGY

Carrier Abound Wins Gold for AI-Driven Energy Savings in Banking

Carrier Abound has received the Gold award in the ‘Digital Transformation in Energy’ category at the 2026 Greentech Energy Management Excellence Awards. The recognition follows a rigorous evaluation process that assessed the impact and transformation delivered by Carrier Abound for one of India’s largest private-sector banks. Carrier Abound is part of Carrier Global Corporation (NYSE: CARR), a global leader in intelligent climate and energy solutions.

The award recognises the successful deployment of the Abound Insights Artificial Intelligence (AI) platform across 600 branches of the bank over a six-year period. The implementation delivered measurable outcomes, including:

More than 19,000 MWh in cumulative energy savings
Cost savings of INR 23.4 crore (approximately USD 2.4 million)
Avoidance of more than 16,000 metric tonnes of cumulative CO₂ emissions

“Our work with one of India’s leading private sector banks demonstrates how AI-powered digital solutions can unlock significant value at scale,” said Niraj Desai, Managing Director, Carrier Abound India. “This recognition reinforces the growing importance of data-driven operations in delivering measurable business outcomes across banks’ distributed infrastructure. It also supports banks in meeting disclosures by providing insights into energy consumption and associated emissions from branch operations.”

The Greentech Energy Management Excellence Awards recognise innovation and excellence in advancing energy efficiency, sustainability and energy management practices. The latest recognition highlights Carrier Abound’s continued focus on providing scalable, technology-driven solutions that help organisations lower energy intensity, enhance operational performance and advance their sustainability goals.

Carrier Abound offers AI-powered predictive intelligence and expert services designed to help businesses operate smarter, more efficient, comfortable and sustainable buildings. Its digitally enabled lifecycle solutions have enabled customers worldwide to save more than 7 billion kWh of energy and optimise operations across over 63,000 buildings globally.

Carrier Abound has received the Gold award in the ‘Digital Transformation in Energy’ category at the 2026 Greentech Energy Management Excellence Awards. The recognition follows a rigorous evaluation process that assessed the impact and transformation delivered by Carrier Abound for one of India’s largest private-sector banks. Carrier Abound is part of Carrier Global Corporation (NYSE: CARR), a global leader in intelligent climate and energy solutions.The award recognises the successful deployment of the Abound Insights Artificial Intelligence (AI) platform across 600 branches of the bank over a six-year period. The implementation delivered measurable outcomes, including:More than 19,000 MWh in cumulative energy savingsCost savings of INR 23.4 crore (approximately USD 2.4 million)Avoidance of more than 16,000 metric tonnes of cumulative CO₂ emissions“Our work with one of India’s leading private sector banks demonstrates how AI-powered digital solutions can unlock significant value at scale,” said Niraj Desai, Managing Director, Carrier Abound India. “This recognition reinforces the growing importance of data-driven operations in delivering measurable business outcomes across banks’ distributed infrastructure. It also supports banks in meeting disclosures by providing insights into energy consumption and associated emissions from branch operations.”The Greentech Energy Management Excellence Awards recognise innovation and excellence in advancing energy efficiency, sustainability and energy management practices. The latest recognition highlights Carrier Abound’s continued focus on providing scalable, technology-driven solutions that help organisations lower energy intensity, enhance operational performance and advance their sustainability goals.Carrier Abound offers AI-powered predictive intelligence and expert services designed to help businesses operate smarter, more efficient, comfortable and sustainable buildings. Its digitally enabled lifecycle solutions have enabled customers worldwide to save more than 7 billion kWh of energy and optimise operations across over 63,000 buildings globally.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

BMW Ventures Secures Rs 249.83 Million (mn) Steel Orders

BMW Ventures Limited said it has secured two purchase orders totalling Rs 249.83 million (mn) from Lata Projects Limited for the supply of TMT steel FE-550D grade for three units of 800 megawatt (MW) capacity at the USCTPP Adani project. The orders were disclosed to the stock exchanges under Regulation 30 of the SEBI Listing Regulations and carry a contract value inclusive of all taxes.\n\nThe company stated that the orders will be executed within eight weeks from the date of the purchase orders and that the contract provides for 100 per cent advance payment with specified guarantees. The supp..

Next Story
Real Estate

Housing Sales Dip in Top Eight Cities in Q2, Pune and Bengaluru Hit Hard

Housing sales across the top eight cities fell six point one per cent year-on-year to 91,729 units in the April-June quarter from 97,674 a year earlier, PropTiger’s Real Insight Residential report showed. The moderation reflected seasonal pre-monsoon effects and heightened buyer caution amid the US-Iran conflict. New launches rose six per cent to 89,161 units. The impact was concentrated in technology-driven markets, with Pune and Bengaluru among the hardest hit. Pune recorded the steepest annual decline at 20.8 per cent, with sales falling to 12,642 units, while Ahmedabad declined 20.2 per ..

Next Story
Infrastructure Urban

India And ADB Sign US$230 Million Loan To Modernise Chennai Water

The Government of India and the Asian Development Bank (ADB) signed a US$230 million loan to modernise and expand water supply and sanitation infrastructure in Chennai. Saurabh Singh, Deputy Secretary, Department of Economic Affairs (DEA), signed on behalf of the Government of India and Mio Oka, Country Director of ADB’s India Resident Mission, signed for the lender. The engagement was guided by Baldeo Purushartha, Joint Secretary (ADB and Japan), DEA. The Chennai Climate-Resilient Water Security and Sewerage Project aims to improve access to safe and reliable water and sanitation citywide w..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code