Indian Utilities High Growth Potential Companies

ACME Solar Holdings

Market Cap: ₹176.4b

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

IRM Energy

Market Cap: ₹12.5b

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

SJVN

Market Cap: ₹386.3b

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

NHPC

Market Cap: ₹891.8b

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

JSW Energy

Market Cap: ₹926.0b

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.

NTPC Green Energy

Market Cap: ₹927.0b

Engages in the renewable energy generation business in India.

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

VA Tech Wabag

Market Cap: ₹90.4b

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.

NLC India

Market Cap: ₹315.2b

Operates in the mining and power generation business in India.