Tuesday, October 26, 2010

Side effects of Social Networking?

Ulaginoli Energy Solutions - Boniface Pascal

NEN (National Entrepreneurship Netwrok) Newsletter October 2010

BY RADHIKA SAXENA | OCT 2010

Boniface Pascal, former NEN E Leader from Chennai’s Loyola Institute of Business Administration (LIBA), decided to explore the energy sector because he was determined to work on something “eco-friendly.”

So Boniface, encouraged by his NEN Faculty Leader to pursue his dream, decided to give campus placements a miss. And despite parental disapproval, while still in college, he launched ‘Ulaginoli Energy Solutions’ in November 2009, as a one stop shop to provide energy efficiency related solutions. However, the team moved into their office premises in June 2010 and Ulaginoli began full fledged operations in September 2010.

One of the start-up’s primary offerings is its solar energy solutions. Boniface and his team identify a client’s energy needs based on requirement and budget and accordingly, design a solar energy package that will work for them. The startup also installs the designed package for the client, which includes solar panels and other equipment.

Since it started regular operations, Ulaginoli Energy Solutions has worked on three projects in Tamil Nadu and is in discussions with nearly 30 potential clients across the state. With 3 employees and a turnover of three lakhs since September 2010, the start-up is also expanding its services to provide energy audits, carbon advisories and consulting in ‘green’ building design.