How is your business helping to solve the health, social, or economic challenges created by COVID19?
Importance of Financial Inclusion during Covid19 : By providing 24x7/reliable electricity to the banking facilities in ultra remote terrains; we are enabling the Financial Inclusion of the poorest of the poor of India, during the Covid19 crisis. Through our solar powered banking facilities in rural India, over 3 million people have been enrolled into the Prime Minister _Jan Dhan Yojana (PM-JDY), world's largest financial inclusion program. The Government has been transferring relief aid / cash subsidies to the poor through DBT ( Direct Benefit Transfer) to the PM-JDY accounts during Covid19. Even with severe Lockdown restrictions, our Engineering team is providing 24x7 support to the banks to keep delivering benefits to those millions of poor. Also, we have been asked to step up the pace of providing electricity to 100 more locations in next few days, so that the banks can reach more undeserved for inclusive banking. We are fully geared up to deliver these targets, despite Covid19 crisis and restrictions. Covid19 Health care : We have developed, commissioned and successfully tested Solar Powered Incinerator for safe disposal of Covid19 used face masks, hand gloves as well sanitary napkins. The pilot has been running successfully for over 100 days now, disposing 300 masks/day/incinerator. This is an extremely important health measure in rural India, given the inadequate waste management systems. This Covid19 innovative product is ready for scaling up to 1000 units/year.
Does your business contribute most to recovery, response, or resilience?
Resilience - we're improving the broader infrastructure for responding to pandemic outbreaks.,Response - we're responding directly to issues caused or exacerbated by the COVID-19 outbreak.
What is the stage of your product development?
I have a market ready product/service. I have sold to customers.
What strengths does your team bring? Include skills and personal experience with the problem.
Community engagement & Empathy : Over these 9 years since inception, we have worked very closely with the communities for planning the provision of electricity. Several of those villages experience electricity for the first time since civilization, thanks to our Solar/Wind plants. Thus, we carry a huge trust of the deep rural communities. Thus we clearly understand their socio -economic issues/challenges. Execution Excellence : Having completed over 6000 installations of our products and services, spanning over 450 towns/ villages of India the primary strength of the organisation is execution excellence, with the track record of 94% of the customer facing tasks completed within the SLA . High Altitude Engineering : We are one of the very few in the country, to have comprehensive capabilities to execute projects at 16,000 Feet altitude in Himalayas. Stable Team : The six senior most members of the organisation, including the Co_founders have been with the organisation for over 70% of the life of the organisation.
What countries do you operate in?
India.
Is your company headquartered in a US "Opportunity Zone"?
No