Atul Mahajan

CEO at FVES and Luta App

Atul has used his entrepreneurial spirit and extensive operational experience to lead successfully in diverse industries in Canadian and International markets (Europe, Africa and Asia). He has managed strategic growth and change management initiatives in diverse corporate cultures, including of a start-up venture and a regulated energy distribution utility.

Currently, Atul is leading Fare Vostro Energy Solutions Inc. (FVES) an on-site energy assets solutions provider, building a portfolio of distributed energy resources at customers’ sites to provide them access to affordable, reliable and sustainable energy. FVES is providing such solutions to a range of clients in diverse industries including; Steel, Cement, Food distribution and Crypto/Blockchain. FVES team has the experience of constructing and managing distributed electricity generation assets ranging from 2MW to over 100 MW.

Previously Atul led an Ontario based electric Utility (Oshawa Power) and as their CEO he played a pivotal role in developing and implementing strategic plans. For more than a decade, he was responsible for appropriate resource allocation to grow the Utility’s business in energy distribution/generation, district energy and wholesale telecom services. He has extensive experience in successfully identifying, negotiating and structuring strategic partnerships and alliances.

Atul is a frequent speaker at local and international conferences on emerging energy delivery solutions, such as distributed generation, district energy, solar plus storage and micro-Grids.

Atul qualified as a CA in India and as a CPA-CMA in Canada. He completed Directors Education Program at Rotman School of Management and is a member (ICD.D) of the Institute of Corporate Directors, Canada.

Atul has served on the Board of Toronto East General Hospital and is active in fundraising efforts for the Heart and Stroke Foundation.