ANJAN KUMAR MERKAP

Strategy & Business Development | Reseacrh & Investment

Decrypting complex & ambiguous business problems for CxOs through strategic insights, market intelligence, research and financial data.

Instrumentation Engineer and MBA Finance with 10+ years of diverse experience in Strategy, Investment, and Business Development. A versatile generalist with a unique blend of technical depth and financial acumen. Advised 50+ GWh of Lithium-ion BESS and Gigafactory projects, built financial models for ~$500M worth of investments, and driven $10M+ valuations across EV and Energy Storage technologies.

His superpower is the ability to translate complex technical innovations into profitable business strategies for C-suite executives. From building strategic relationships, implementing cutting-edge real-time grid monitoring solutions, assessing gaps in the value chain, to making renewable energy projects into bankable investment opportunities, he turns visionary ideas into profitable realities.

EXPERIENCE

Independent Consultant, UAE Aug’25 – Present

Expertise in Clean-Tech Commercialization and Energy Consulting; helping senior management and organizations navigate the complex landscape of energy transformation and sustainable technology adoption.

Associate, TAQA Transmission, UAE Feb’25 – July’25

Review water and electricity commercial contracts with GenCO, C&I, IPP, and DisCo to ensure profitability and reduce project risks—covering Hail & Ghasa, Al Mirfa, Taweelah, and SPV in Ajban—while supporting PV, BESS, AI-Data Centres, and ADNOC growth in the UAE.
Conducted cost-benefit analysis for asset insurance for utilities under DoE's regulatory environment (financial accounting vs regulatory accounting).
Developing Whole Life Cycle Cost (WLCC) and Decision-making Framework (DMF) for Asset Investment Management for transmission assets.

Engagement Manager (ET Consulting), Customized Energy Solution, India Nov’21 – Jan’25

Highlight: 20GWh+ Bid Advisory and strategy for Setting Up Lithium-ion cell Manufacturing under Advanced Chemistry Cell Production Linked Incentive (ACC PLI) Scheme by GoI.

Lead for energy consulting assignments (~$300K per year) for various energy & clean-tech companies.

Manager Business Development India, Panitek Power Limited, New Delhi Oct’18 – Oct’21

(Panitek is a privately owned Indo-Swiss Investment and Project Development start-up in Renewable Energy sector with a team of 12 across Europe, India and United Kingdom)

Handled strategy development and business planning for projects in India. Responsible for the identification of new market opportunities, developing go-to-market strategies and conducting market/competition analysis.

Credit Analyst, CRISIL Limited, Mumbai Jun’17 – Oct’18

Supported S&P Global Ratings EMEA analysts in cash flow modelling and credit analysis of asset-backed securities (ABS). Created cash flow models of debt instruments and stress tested them under various scenarios for new issue and annual periodic reviews of ABS at arrive at certain rating levels ranging from D to AAA.

Executive, Yokogawa India Limited, Bangalore Sept’13 – Oct’14

Experience in the installation and commissioning of industrial automation systems (DCS, PLC, SCADA) including planning and scheduling projects with plant heads. Worked across industries like Oil & Gas, Cement, Chemical and Manufacturing with names like IOCL, Reliance, Jaypee and others.

Engineer, Grasim Industries (Aditya Birla Group), Gujarat Jul’12 – Aug’13

Improved plant maintenance including field instruments and automated control system for plant operations. Led a team of 5 technicians conducting proactive maintenance and problem solving in case of fault occurrences to maintain 98%+ plant uptime.