We are a clean-tech company committed to global ESG (Environmental, Social, Governance) agenda. We are building a pan-India network of Green Fuel Hubs that will provide closest access to a wide variety of clean fuels to both, industries & transport sector.

Our core proposition will deliver Green Profits to customers as they benefit from fuel cost savings, improved operational efficiencies & reduced carbon emissions.

Our Green Fuel Hubs will provide instant access to all forms of clean & green energy options, such as LNG, Bio-gas, Hydrogen & Electric, thereby accelerating adoption of ESG agenda by industries & transport sector across India, including those in remote locations.

Our Unique Proposition

Doorstep Delivery of LNG
(anywhere in India)
Green Profits
(through fuel cost savings)
ESG Compliance
(through emissions reduction)
Low Capex Model
(with quick payback)
Green Fuel Hubs
(largest private, pan-India network)
On-Time, In-Full
(green fuel supply assurance)
Digital Platform
(efficient fuel management)
Future-Ready
(to offer wider portfolio of green fuels)

Board of Directors

Mr. Alok Gupta
Non-Executive Director

A business leader with 30+ years of experience in diverse industries wherein he has held leadership roles managing global markets. A commerce graduate with a management degree from IMT and an alumnus of Harvard Business School, he enjoys his weekend golf, travel across the world and time with his family & friends.

Mr. B.C. Tripathi
Non-Executive Director

A transformational leader with over 38 years of experience in the hydrocarbon sector. He steered the gas sector in India and played a key role in accelerating the country towards a low-carbon economy. He has over 12 years of board experience, with 10 years as Chairman and Managing Director of GAIL (India) Ltd.

Mr. Sanjay Palve
Non-Executive Director

A seasoned professional with more than 22 years of stellar experience in building and leading large financial businesses across wholesale and retail segments, Mr Palve is an expert in capital raising, financial performance improvement, risk monitoring, debt management, and corporate banking.

Management Team

Mr. Mukundan Iyer
Chief Executive Officer

Clean energy advocate with three decades of multi-industry leadership experience, including green hydrogen & hydrogen refueling station development across levels, regions & functions. An MBA in Marketing from the University of Calcutta, his prior stints include Linde Plc as Head of Business & Joint Ventures (Middle East), Praxair India, Jubilant Organosys, Akzo Nobel Paints and Berger Paints.

He is a firm believer in taking the green fuel movement to the grassroots and is advocating an inclusive policy framework that enables adoption of clean, green fuels by industries & heavy duty automotives in India.

Mr. Shyam Bagrodia
Head – Projects

40 years of experience in various managerial capacities with Cement, Palm processing, Oil & Gas industries in India and abroad. Prior stints include Essar Oil Ltd and Essar Projects as Executive Director.

He is a true believer in giving back to the environment and has initiated and led numerous events, both in personal and professional capacity. He has been an inspiration for many in uplifting their environmental will power.

Mr. Maqsood Shaikh
Chief Marketing Officer

An engineering graduate & IIM-C alumni with 24 years of experience in Utility Management & Natural Gas marketing, including business development and regulations. Prior to Ultra Gas & Energy, he was associated with Gujarat Gas, Schlumberger and ABB.

He is a certified ornithologist and a life time member of Bombay Natural History Society (BNHS). He is also an ardent wild life photographer for over 18 years.

Mr. Vijay Vispute
Head – O&M

29 years of rich experience in managing commissioning and operations in petrochemical plants in India and overseas, projects and asset management of Oil & Gas blocks in India . Prior to this role, he has worked with Essar Oil and Gas Exploration and Production Ltd, Thirumalai Chemicals Limited (Malaysia), STPC- Bandar Imam (Iran), Reliance Industries Limited, and Finolex industries Limited.

His work life has given him an immense understanding and empathy for environment. He spends considerable part of his personal time helping various agencies with their green initiatives.

Mr. Tejas Shah
Chief Financial Officer

A qualified Chartered Accountant (CA), Company Secretary (CS) and Certified Public Accountant (USA) having more than 19 years of multi industry experience of Oil & Gas, Metals and Mining, Infrastructure and Healthcare. He has vast and rich experience in handling various facets of the Corporate Finance and Accounts function. Prior to this role, he has worked with Essar Oil and Gas Exploration and Production Ltd, Sandesara Group, JSW Steel Ltd, Johnson & Johnson Ltd and Indian Oil Corporation Ltd.

He is not only careful about numbers but also about environment. His involvement in various cleanliness drives and proactive approach towards reducing his own carbon footprint sets a new benchmark for his friends and family.

Mr. Mehul Shah
Head – Technology

With more than 14+ years of experience in technology, strategy and business development, Mehul has helped several organizations transform their business by delivering multi-channel retail, ecommerce and digital payments agile architectures. He has extensive experience in digital transformation, product design & development with domain knowledge of InsurTech, Fintech, E-commerce, Retail and QSR.

A strong information technology professional with a post graduate diploma in business management, he has worked with in-house teams and global IT partners namely HP, Retalix, NCR, JDA, Microsoft, BMC to deliver time-bound business solutions.

Ms. Glyniss Fernandes
Head – Human Resources

22 years of experience in handling varied responsibilities of Talent Acquisition, Rewards & Recognition, Compensation & Benefits and Training & Development. A seasoned HR professional having expertise in the Indian Oil & Gas industry. Prior to this role, she has worked with Essar and Reliance.

Along with her professional commitment, she is a great enthusiast for nature. Her passion drives number of green and clean events at professional / community level. She enjoys spending time close to nature.