Indian Utilities Big Green Snowflakes

PTC India

Market Cap: ₹50.9b

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

Gujarat Industries Power

Market Cap: ₹29.1b

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

NLC India

Market Cap: ₹388.0b

Engages in the mining and power generation business in India.

VA Tech Wabag

Market Cap: ₹94.8b

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.

NHPC

Market Cap: ₹866.8b

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

Torrent Power

Market Cap: ₹637.1b

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

KKV Agro Powers

Market Cap: ₹336.2m

Operates as a precious metals and renewable energy generation and trading company in India.

CESC

Market Cap: ₹221.6b

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

GAIL (India)

Market Cap: ₹1.2t

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

Gujarat State Petronet

Market Cap: ₹181.0b

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

IRM Energy

Market Cap: ₹15.0b

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

NTPC

Market Cap: ₹3.4t

Operates as an integrated power company in India.

ACME Solar Holdings

Market Cap: ₹171.8b

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

Mahanagar Gas

Market Cap: ₹126.3b

Operates as a natural gas distribution company in India.

Tata Power

Market Cap: ₹1.2t

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

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: ₹2.7t

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

Chamunda Electrical

Market Cap: ₹573.9m

Engages in the operation, maintenance, testing, and commissioning of electrical substations in India.

Indraprastha Gas

Market Cap: ₹290.6b

Distributes and sells natural gas in India.

Gujarat Gas

Market Cap: ₹298.9b

Engages in the distribution of natural gas in India.

Karma Energy

Market Cap: ₹831.5m

Engages in the generation of power from renewable sources in India.

Positron Energy

Market Cap: ₹2.6b

Distributes and sells coal bed methane and natural gas in India and internationally.

SJVN

Market Cap: ₹363.3b

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

India Power

Market Cap: ₹12.1b

Engages in the generation and distribution of electricity in India.

Orient Green Power

Market Cap: ₹16.1b

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

Veer Energy & Infrastructure

Market Cap: ₹245.2m

Engages in the development, construction, implementation, and operation of renewable energy and other infrastructure projects in India.

KPI Green Energy

Market Cap: ₹91.7b

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.

JSW Energy

Market Cap: ₹933.8b

Generates and sells power in India.

ZR2 Bioenergy

Market Cap: ₹1.3b

Operates as a bioenergy manufacturing company.

Reliance Infrastructure

Market Cap: ₹104.5b

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

K.P. Energy

Market Cap: ₹28.1b

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

Jaiprakash Power Ventures

Market Cap: ₹123.6b

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

Shivamshree Businesses

Market Cap: ₹182.3m

Engages electric power generation using solar energy.

Globus Power Generation

Market Cap: ₹1.6b

A clean energy company, engages in the acquisition of a portfolio of wind/biomass/solar power plants in India.

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

Adani Green Energy

Market Cap: ₹1.8t

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