Indian Utilities Most Popular Stocks

NTPC

Market Cap: ₹3.4t

Operates as an integrated power company in India.

Adani Power

Market Cap: ₹2.8t

Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India.

Power Grid Corporation of India

Market Cap: ₹2.5t

An electric power transmission utility, engages in the power transmission business in India and internationally.

Adani Green Energy

Market Cap: ₹1.7t

Generates and supplies renewable energy to central and state government entities and government backed corporations in India.

Adani Energy Solutions

Market Cap: ₹1.2t

Generates, transmits, and distributes power in India.

Tata Power

Market Cap: ₹1.2t

Engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

JSW Energy

Market Cap: ₹895.6b

Generates and sells power in India.

NHPC

Market Cap: ₹840.4b

Engages in the generation, sale, and trading of electricity through hydro, wind, and solar power stations in India and Nepal.

NTPC Green Energy

Market Cap: ₹792.7b

Engages in the renewable energy generation business in India.

Torrent Power

Market Cap: ₹703.9b

Engages in the generation, renewables, transmission and distribution of electricity in India.

Adani Total Gas

Market Cap: ₹628.5b

Engages in the city gas distribution (CGD) business in India.

NLC India

Market Cap: ₹373.9b

Engages in the mining and power generation business in India.

SJVN

Market Cap: ₹326.2b

Engages in the generation and sale of electricity in India and internationally.

Gujarat Gas

Market Cap: ₹298.2b

Engages in the distribution of natural gas in India.

Indraprastha Gas

Market Cap: ₹261.9b

Distributes and sells natural gas in India.

CESC

Market Cap: ₹226.9b

An integrated electrical utility company, engages in the generation and distribution of electricity in India.

Gujarat State Petronet

Market Cap: ₹178.6b

Gujarat State Petronet Limited transmits natural gas through pipeline on an open access basis from supply points to demand centers in India.

Reliance Power

Market Cap: ₹144.8b

Engages in the development, construction, and operation of power projects in India and internationally.

Indigrid Infrastructure Trust

Market Cap: ₹140.5b

Operates as an infrastructure investment trust that owns and operates power transmission, renewable generation, and energy storage assets in India.

ACME Solar Holdings

Market Cap: ₹139.8b

A solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar power projects in India.

Jaiprakash Power Ventures

Market Cap: ₹118.9b

Engages in the power generation and cement grinding businesses in India.

Mahanagar Gas

Market Cap: ₹104.9b

Operates as a natural gas distribution company in India.

KPI Green Energy

Market Cap: ₹96.1b

Operates as an independent power producer that focuses on the development, construction, ownership, operation, and maintenance of renewable energy projects under Solarism brand name in India.

VA Tech Wabag

Market Cap: ₹76.7b

Engages in the design, supply, installation, construction, operation, and maintenance of drinking water, waste and industrial water treatment, and desalination plants in India and internationally.

Reliance Infrastructure

Market Cap: ₹63.9b

An infrastructure company, generates, transmits, and distributes electrical power to residential, industrial, commercial, and other consumers in India.

RattanIndia Power

Market Cap: ₹50.3b

Together with its subsidiary, Poena Power Development Limited, engages in power generation, distribution, trading and transmission, and other ancillary and incidental activities in India.

PTC India

Market Cap: ₹48.9b

Engages in the trading and generating of power in India, Nepal, Bhutan, and Bangladesh.

Gujarat Industries Power

Market Cap: ₹24.5b

Engages in the generation, transmission, and distribution of electricity to power purchasing companies in India.

K.P. Energy

Market Cap: ₹23.4b

Provides balance of plant solutions for wind energy sector in India.

Bajel Projects

Market Cap: ₹20.6b

Engages in the engineering, procurement, and construction (EPC) for power transmission and distribution projects in India and internationally.

Orient Green Power

Market Cap: ₹13.6b

An independent power producer of renewable power, engages in the generation and sale of wind energy in India and Croatia.

IRM Energy

Market Cap: ₹11.6b

A city gas distribution company, engages in the laying, building, operating, and expanding of city and local natural gas distribution networks in India.

India Power

Market Cap: ₹9.7b

Engages in the generation and distribution of electricity in India.

Mac Charles (India)

Market Cap: ₹8.5b

Mac Charles (India) Limited, together with its subsidiaries, is involved in the generation of electricity through wind turbine generators in India.

GVK Power & Infrastructure

Market Cap: ₹4.8b

Engages in the energy, transportation, hospitality, and life sciences businesses in India and Indonesia.