Indian Utilities High Growth Potential Companies

ACME Solar Holdings

Market Cap: ₹139.9b

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

SJVN

Market Cap: ₹285.1b

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

NHPC

Market Cap: ₹763.5b

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: ₹760.6b

Engages in the renewable energy generation business in India.

JSW Energy

Market Cap: ₹835.7b

Generates and sells power in India.

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.

VA Tech Wabag

Market Cap: ₹80.0b

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.

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.

Gujarat Industries Power

Market Cap: ₹23.0b

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