Mahindra TEQO, the clean energy asset management vertical of the Mahindra Group, has appointed Ankit Jain as its new Chief Executive Officer. The company officially announced the move on June 17, 2025.
At Mahindra TEQO, Jain is expected to lead its next growth chapter in solar asset intelligence, covering utility-scale, commercial & industrial (C&I), and rooftop portfolios across varied geographies.
Jain steps into the role after a long stint at Mahindra Susten, where he held several leadership roles since 2015. Most recently, he served as Head – Operations, Sustainability & CSR (IPP Business), overseeing operations for self-owned renewable assets and embedding ESG frameworks into the business.
Jain began his career in 2006 with engineering and project roles at Vatika Group, Ansal Properties, and SP Construction, focusing on real estate and infrastructure delivery.
Over his nearly 18-year career, he has worked across EPC, operations, procurement, digital transformation, and CSR and has been part of key Mahindra Susten milestones, including the onboarding of institutional investor Ontario Teachers’ Pension Plan.
“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.”
“I’m honoured to lead TEQO at such a transformative time,” said Ankit Jain, CEO, Mahindra TEQO. “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.”
