IndoFast Energy
Meghraj Panmand is a skilled professional with extensive experience in business analytics, data management, and process optimization. Currently serving as Manager of Special Projects in the CEO's Office at IndoFast Energy since October 2022, Meghraj has successfully managed cross-functional initiatives and conducted complex data analyses to support critical business decisions. Prior experience includes a role as Senior Consultant at PwC India, where Meghraj led projects for major financial services organizations, and earlier positions at Nissan Digital India and Volkswagen India, focusing on data analytics and financial analysis. Meghraj holds an MBA in Finance and Operations from the Indian Institute of Technology, Kharagpur, and a Bachelor's degree in Mechanical Engineering from Savitribai Phule Pune University.
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IndoFast Energy
IndoFast Energy is a newly formed 50:50 joint venture between India’s largest energy retailer, IndianOil, and the nation’s leader in Battery Swapping for electric vehicles, SUN Mobility. Headquartered in Bangalore, IndoFast Energy is a significant step towards making electric vehicle adoption more mainstream and convenient for millions. With a vision to serve over a million customers, the joint venture expects to invest over a billion dollars over 3 years and scale up to over 10,000 battery swapping stations across 50+ cities. The joint venture will enable seamless adoption of electric mobility across 2W, 3W and small 4W vehicles, by providing a convenient ‘Battery as a Service’ (BaaS) mobility solution. Leveraging IOCL’s extensive network of 37,000 fuel stations, the battery swapping solutions will become even more accessible, affordable and practical for users across the country.