Indian Utilities High Growth Potential Companies

ACME Solar Holdings

Market Cap: ₹238.4b

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

Bajel Projects

Market Cap: ₹23.7b

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

Adani Green Energy

Market Cap: ₹2.5t

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

SJVN

Market Cap: ₹286.4b

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

Clean Max Enviro Energy Solutions

Market Cap: ₹160.5b

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

NHPC

Market Cap: ₹761.6b

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: ₹809.3b

Engages in the renewable energy generation business in India.

Adani Energy Solutions

Market Cap: ₹1.8t

Generates, transmits, and distributes power in India.

VA Tech Wabag

Market Cap: ₹123.6b

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.

JSW Energy

Market Cap: ₹1.0t

Generates and sells power in India.