Enterprise Name
SNL Energy Solutions Pvt. Ltd
SNL Energy Solutions Private Limited, established in 2019, has emerged as a leading social enterprise in Manipur, dedicated to alleviating poverty by providing sustainable energy access to rural areas. Founded by Seth Moirangthem, SNL has made significant strides in this field, thanks to its collaboration with the SELCO Foundation since its inception. Initially bootstrapped, the company gained momentum after Seth transitioned from his role as a sales executive in a bookstore to join forces with the SELCO Foundation. In 2020, SNL was onboarded into the AICSF Incubation Program, further enhancing its growth prospects.
Presently, SNL has successfully solarized over 500 households, supported more than 200 livelihood applications, and empowered over 300 institutions with sustainable energy solutions. Leveraging a robust network, SNL delivers prompt, reliable, and effective after-sales services to its clients, ensuring their satisfaction. The company specializes in designing various solar applications, including household appliances, agricultural water pumps, public lighting systems (such as street lights and garden lights), solar water heaters, cold storage units, and mini-grid systems for village hamlets. SNL's clientele spans diverse institutions, including NGOs, colleges, schools, hostels, medical centers, vocational training centers, community centers, religious institutions, and Anganwadi centers. Moreover, the company supports small businesses by providing solar-powered equipment such as egg incubators, sewing machines, LSK(xerox and printing ), pottery tools, power looms, rice hullers, and cold storage facilities. To date, SNL Energy Solutions has generated 500 kW of energy through its solar solutions, marking a significant achievement which is equivalent 1.7 tco2 of carbon emission.
Through the AICSF Incubation Program, SNL has established partnerships with six major lead-generating organizations, including SELCO Foundation, WIDWIM, DSSS, Seat, PRDA, and the DC office of Chandel District, along with microfinance partner SEVA for end-user financing. In the last fiscal year (2022-23), SNL reported a revenue of Rs. 1.6 crore, covering the entirety of Manipur and parts of Assam. The company's remarkable achievements, starting from humble beginnings as a bootstrap enterprise, include receiving an equity fund of Rs. 34 lakhs through the SELCO Energy Access Fund.