According to reports, Naresh Malhotra, the former CEO of Café Coffee Day,has joined Orb Energy’s Board of Directors. During his six year tenure with Café Coffee Day, Mr. Malhotra has had an impressive and successful career with Coffee Day, playing significant role in expanding their outlets from 18 cafes to over 450.
Orb Energy offers a wide range of solar photovoltaic systems for lighting and back up power, solar water heaters, solar street lighting systems, as well as energy efficient lights, fans and other appliances. Its products are suited to both residential as well as commercial customers. To help make its products more affordable to customers, Orb works with a range of banks offering finance up to 5 years.
In recognition of its unique approach to selling and servicing solar systems in India, Orb was a recipient of the Zayed Future Energy Prize in January 2012. This is the most prestigious prize in the global renewable energy industry, awarded annually by the royal family of Abu Dhabi.
Orb has established more than 100 direct-run and franchised branches in 5 states: Karnataka, Maharashtra, Kerala, Tamil Nadu, and Andhra Pradesh. Looking forward, Orb has an ambition to grow its branch network to more than 500 branches across India by 2015, and expects to increase its workforce from 600 today to roughly 3000 by that time – creating skilled jobs in rural areas that are otherwise hard to come by.
Damian Miller, the CEO of Orb Energy, said: “We are extremely pleased to welcome Naresh Malhotra to our board, and look forward to learning from his exceptional experience at Café Coffee Day. We are certain that Naresh’s contribution to the company’s growth will be exceptional and motivating”