Mahindra TEQO Appoints Ankit Jain As Its New CEO To Lead RE Asset Management

Mahindra TEQO, a renewable energy asset management and intelligence platform under the Mahindra Group, has appointed Ankit Jain as its new Chief Executive Officer. This leadership transition aims to support TEQO to become one of the key players in renewable energy asset management.

As a market share leader in India and among the top six global rankings, Mahindra TEQO is used to manage renewable assets—leveraging technology, data intelligence, and lifecycle thinking. The company’s portfolio spans utility-scale, commercial & industrial (C&I), and rooftop solar assets, supported by deep operational experience across diverse geographies and climates.

Ankit Jain brings over 18 years of experience in renewable energy project development and digital transformation. Prior to this role, he played a pivotal role at Mahindra Susten, where he led multi-gigawatt projects, championed ESG initiatives, and built high-performance teams across India. “TEQO has always stood for performance, precision, and partnership,” said Deepak Thakur, Director, Mahindra TEQO. “Ankit’s appointment is a natural progression in our vision to make TEQO a global benchmark in renewable intelligence and lifecycle asset management.”

Ankit Jain, Chief Executive Officer (CEO), of Mahindra TEQO, said “Our focus will be on scaling – in India and internationally selectively, deepening digital capabilities, and delivering unmatched value to asset owners through innovation, sustainability, and operational excellence.” With this transition, TEQO is expected to expand its business footprint, enhance predictive maintenance and uptime efficiency, and continue setting new standards in renewable asset performance.