Bengaluru: Tesla Inc is exploring an arrangement with Indian conglomerate Tata Sons’ power generation unit, Tata Power, to set up charging infrastructure for electric vehicles in the country, CNBC-TV18 reported on Friday, citing sources.Shares of Tata Power rose 5.5% to their best closing level since June 2014 after the report, which comes as the Palo Alto-based electric-car maker gears up for an India launch later this year with plans to import and sell its Model 3 electric sedan.Tesla will set up an electric-car manufacturing unit in the southern Indian state of Karnataka, according to a government document seen by Reuters.The talks between Tata Power and Tesla are in the initial stages and no arrangements have been finalised yet, the report said.Also read: Tesla Takes Another Step on Road To Launch in IndiaTata Power’s electric vehicle charging business constantly explores growth opportunities but has not finalised any new agreements, the company said in a statement to stock exchanges. It also said the CNBC-TV 18 report was “factually incorrect”, but did not elaborate.Tesla was not immediately available for comment.In January, the US electric-car maker incorporated Tesla Motors India and Energy Private Ltd with its registered office in the southern city of Bengaluru, a hub for global technology companies.Tata Motors Ltd, the carmaking unit of Tata Sons, last week denied any tie-up with Tesla, after media reports suggested the two companies were discussing a partnership. (Reuters)