UJAAS ENERGY LIMITED
Vikalp Mundra, Jt. Managing Director & Promoter, Ujaas Energy Ltd. has tasted radiant success with his company emerging a winner in the segment of solar power. The only Indian listed company in the solar space category has been hailed by Forbes too!
Vikalp Mundra unabashedly urges you to…’Own Your Sun’. And going by his bright track record, Mundra has made a success of making it feasible, courtesy his solar power business. As Jt. Managing Director & Promoter of Ujaas Energy Ltd., Mundra – a business scion who took the entrepreneurial road less taken – does have cause to beam away.
Till date, Ujaas Energy Ltd. is the only solar space company (with asset light model) to sparkle as a Public Listed Company on the BSE/NSE. Furthermore, Ujaas Energy holds the distinction of being selected as the ‘Best Under A Billion’ category by Forbes Asia - an express honour, since only eight companies from India were hand-picked by their discerning jury.
An electrical engineer and post-graduate in Financial Management, Mundra garnered expertise in the transformer and power distribution business for over 15 years. In January 2010, the National Solar Mission was launched and Mundra soon ferreted out the light that would luminously guide his career to success: Solar Power.
“I read the mission document of the National Solar Mission a couple of times and decided to set up a solar plant. I realised that apart from offering a new business opportunity in India, it was an extremely scalable business. Besides, I was happy that I was in a business that gives back something good to Mother Nature.”
“The word ‘ujaas’ in the local language stands for ‘Light of the dawn’. Ujaas became the first company to generate and sell solar REC in India from its solar power plant of 2 MW commissioned at Rajgarh (Madhya Pradesh) in March 2012.”
“We have three business verticals: Ujaas Park; Ujaas Mysite and Ujaas Home. Ujaas Park, our major innovation offers a complete turnkey solution to a small and medium size investor. Ujaas Mysite will establish solar projects at the sites of clients or inside greenfield project premises. Ujaas Home, as the name suggests, is concerned with providing solar solutions to homes.”
“Honesty, perseverance and commitment are crucial to success. Trust your team members and empower them fully. In life, there are no stationary goals, they’re always dynamic. Life is a journey and one should enjoy every moment of it. Meditation always helps me to remain in a state of bliss.”