Indian Utilities Most Popular Stocks

Adani Power

Market Cap: ₹4.0t

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.

NTPC

Market Cap: ₹3.1t

Operates as an integrated power company in India and Mauritius.

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: ₹2.2t

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

Adani Energy Solutions

Market Cap: ₹1.8t

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: ₹948.8b

Generates and sells power in India.

NHPC

Market Cap: ₹773.0b

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: ₹746.2b

Engages in the renewable energy generation business in India.

Adani Total Gas

Market Cap: ₹726.6b

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

Torrent Power

Market Cap: ₹634.3b

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

NLC India

Market Cap: ₹372.4b

Engages in the mining and power generation business in India.

ACME Solar Holdings

Market Cap: ₹307.7b

A solar independent power producing company, engages in the develops, constructs, owns, operates, and maintains grid-connected renewable energy projects in India.

SJVN

Market Cap: ₹251.3b

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

Gujarat Energy

Market Cap: ₹229.5b

Engages in the distribution of natural gas in India.

Indraprastha Gas

Market Cap: ₹208.0b

Distributes and sells natural gas in India.

CESC

Market Cap: ₹187.6b

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

Indigrid Infrastructure Trust

Market Cap: ₹165.3b

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

Juniper Green Energy

Market Cap: ₹150.9b

Juniper Green Energy Private Limited operates as an independent renewable energy power producer and operator.

Clean Max Enviro Energy Solutions

Market Cap: ₹150.4b

Engages in development and maintenance of renewable energy projects, such as solar and wind power solutions for commercial and industrial customers.

VA Tech Wabag

Market Cap: ₹133.3b

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.

Vedanta Power

Market Cap: ₹121.9b

Vedanta Power Limited builds, owns, and operates a coal based thermal power plant in Punjab.

Mahanagar Gas

Market Cap: ₹106.8b

Operates as a natural gas distribution company in India.

Jaiprakash Power Ventures

Market Cap: ₹105.3b

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

Reliance Power

Market Cap: ₹87.4b

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

KPI Green Energy

Market Cap: ₹56.2b

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

PTC India

Market Cap: ₹46.2b

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

RattanIndia Power

Market Cap: ₹38.4b

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

Gujarat Industries Power

Market Cap: ₹29.2b

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

Steamhouse India

Market Cap: ₹27.1b

Develops, owns, operates, and maintains centralized steam generation plants and distributes industrial steam through pipeline networks to industrial customers.

Reliance Infrastructure

Market Cap: ₹20.4b

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

Bajel Projects

Market Cap: ₹19.9b

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

K.P. Energy

Market Cap: ₹14.7b

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

IRM Energy

Market Cap: ₹11.1b

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

Orient Green Power

Market Cap: ₹10.6b

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