Subsidiaries - ( India )

• Af-Taab Investment Co. Ltd.
• Chirasthaayee Saurya Ltd.
• Clean Sustainable Solar Energy Private Limited
• Coastal Gujarat Power Ltd.
• Dreisatz Mysolar24 Private Limited
• Dugar Hydro Power Ltd.
• Indo Rama Renewables Jath Ltd.
• Industrial Energy Ltd.
• Industrial Power Utility Ltd.
• Maithon Power Ltd.
• MI Mysolar24 Private Limited
• NDPL Infra Ltd. (subsidiary of Tata Power Delhi Distribution Ltd.)
• NELCO Ltd.
• NELCO Network Products Ltd. (Subsidiary of NELCO Ltd.)
• Nivade Windfarm Ltd.
• Northwest Energy Private Limited
• Poolavadi Windfarm Ltd.
• Powerlinks Transmission Ltd.
• Solarsys Renewable Energy Private Limited
• Supa Windfarm Ltd.
• Tata Ceramics Ltd.

• Tata Power Delhi Distribution Ltd.
• Tata Power Green Energy Ltd.
• Tata Power Jamshedpur Distribution Ltd.
• Tata Power Renewable Energy Ltd.
• Tata Power Solar Systems Ltd.
• Tata Power Trading Co. Ltd.
• Tatanet Services Ltd. (subsidiary of NELCO Ltd.)
• TP Ajmer Distribution Ltd.
• Vagarai Windfarm Ltd. (Subsidiary of Tata Power Renewable Energy Ltd.)
• Walwhan Solar Energy GJ Limited
  (formerly known as Walwhan Solar Energy GJ Private Limited and Unity Power Private Limited)
• Walwhan Solar Raj Limited
  (formerly known as Walwhan Solar Raj Private Limited and Viraj Renewables Energy Private Limited)
• Walwhan Renewable Energy Limited
  (formerly known as Walwhan Renewable Energy Private Limited and Welspun Renewables Energy Private Limited)
• Walwhan Solar BH Limited
  (formerly known as Walwhan Solar BH Private Limited and Welspun Energy Jharkhand Private Limited)
• Walwhan Solar MH Limited
  (formerly known as Walwhan Solar MH Private Limited and Welspun Energy Maharashtra Private Limited)

• Walwhan Wind RJ Limited
  (formerly known as Walwhan Wind RJ Private Limited and Welspun Energy Rajasthan Private Limited)
• Walwhan Renewable Energy Limited (Subsidiary of Tata Power Renewable Energy Ltd.)
• Walwhan Solar AP Limited
  (formerly known as Walwhan Solar AP Private Limited and Welspun Solar AP Private Limited)
• Walwhan Solar KA Limited
  (formerly known as Walwhan Solar KA Private Limited and Welspun Solar Kannada Private Limited)
• Walwhan Solar MP Limited
  (formerly known as Walwhan Solar MP Private Limited and Welspun Solar Madhya Pradesh Private Limited)
• Walwhan Solar PB Limited
  (formerly known as Walwhan Solar PB Private Limited and Welspun Solar Punjab Private Limited)
• Walwhan Energy RJ Limited
  (formerly known as Walwhan Energy RJ Private Limited and Welspun Solar Rajasthan Private Limited)
• Walwhan Solar TN Limited
  (formerly known as Walwhan Solar TN Private Limited and Welspun Solar Tech Private Limited)
• Walwhan Solar RJ Limited
  (formerly known as Walwhan Solar RJ Private Limited and Welspun Solar UP Private Limited)
• Walwhan Urja Anjar Limited
  (formerly known as Walwhan Urja Anjar Private Limited and Welspun Urja Gujarat Private Limited)
• Walwhan Urja India Limited
  (formerly known as Welspun Urja India Limited)

Subsidiaries - ( Foreign )

• Bhira Investments Ltd.
• Bhivpuri Investments Ltd.
• Energy Eastern Pte. Ltd. (subsidiary of Coastal Gujarat Power Ltd.)

• Khopoli Investments Ltd.
• PT Sumber Energi Andalan Tbk
• Tata Power International Pte. Ltd.

• Trust Energy Resources Pte. Ltd.

Joint Ventures :

• Adjaristsqali Georgia LLC
• Adjaristsqali Netherlands BV
• Amakhala Emoyeni RE Project 1 (Pty.) Ltd.
• Beta Land Holdings Ltd.
• Candice Investments Pte. Ltd.
• Cennergi Pty. Ltd.
• Dagachhu Hydro Power Corporation Ltd.
• Gamma Land Holding Ltd.
• Ginger Land Holdings Ltd.
• Indocoal KPC Resources (Cayman) Ltd.
• Indocoal Resources (Cayman) Ltd.
• Itezi Tezhi Power Corporations

• Koromkheti Georgia LLC
• Koromkheti Netherlands BV
• LTH Milcom Pvt. Ltd.
• Mandakini Coal Company Ltd.
• PT Antang Gunung Meratus
• PT Arutmin Indonesia
• PT Baramulti Sukessarana Tbk
• PT Citra Kusuma Perdana
• PT Citra Prima Buana
• PT Dwikarya Prima Abadi
• PT Guruh Agung
• PT Indocoal Kalsel Resources

• PT Indocoal Kaltim Resources
• PT Kalimantan Prima Power
• PT Kaltim Prima Coal
• PT Marvel Capital Indonesia
• PT Mitratama Perkasa
• PT Mitratama Usaha
• PT Nusa Tambang Pratama
• Resurgent Power Ventures Pte. Ltd.
• Solace Land Holding Ltd.
• Tsitsikamma Community Wind Farm (Pty.) Ltd.
• Tubed Coal Mines Ltd.

Associates

• Brihat Trading Private Ltd.
• Nelito Systems Ltd.
• Panatone Finvest Ltd.

• Tata Communications Ltd.
• Tata Projects Ltd.

• The Associated Building Co. Ltd.
• Yashmun Engineers Ltd.