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Tata Motors incorporates ‘Teesta Renewable Energy’ as SPV

13 May 2026 Evaluate

Tata Motors has incorporated a Special Purpose Vehicle (SPV), namely ‘Teesta Renewable Energy’ (TREPL) on May 12, 2026. The company holds 26% equity shareholding in the said SPV and consequently TREPL has become an associate of the company. Welspun Renewable Energy is the holding company of TREPL.

TREPL is incorporated to carry out the business of power generation, including solar & wind power generation, and captive generation and sale of electrical energy.

Tata Motors (formerly TML Commercial Vehicles) is India’s largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. In every market, its focus is on delivering value and partnering customers to success.


Peers
Company Name CMP
Tata Motors 415.30
Ashok Leyland 150.95
Force Motors 16800.00
Olectra Greentech 1097.25
SML Mahindra 6254.80
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