Indian Utilities Big Green Snowflakes

Gujarat Industries Power

Market Cap: ₹24.5b

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

PTC India

Market Cap: ₹55.2b

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

Indraprastha Gas

Market Cap: ₹236.7b

Distributes and sells natural gas in India.

NHPC

Market Cap: ₹830.0b

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

KKV Agro Powers

Market Cap: ₹382.9m

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

VA Tech Wabag

Market Cap: ₹92.7b

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.

Bajel Projects

Market Cap: ₹20.9b

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

NLC India

Market Cap: ₹417.4b

Engages in the mining and power generation business in India.

ZR2 Bioenergy

Market Cap: ₹2.5b

Operates as a bioenergy manufacturing company.

Mahanagar Gas

Market Cap: ₹113.3b

Operates as a natural gas distribution company in India.

GAIL (India)

Market Cap: ₹1.1t

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

Gujarat Gas

Market Cap: ₹263.6b

Engages in the distribution of natural gas in India.

CESC

Market Cap: ₹239.0b

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

Torrent Power

Market Cap: ₹835.2b

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

Gujarat State Petronet

Market Cap: ₹158.9b

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

Chamunda Electrical

Market Cap: ₹478.7m

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

Jaiprakash Power Ventures

Market Cap: ₹138.0b

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

Positron Energy

Market Cap: ₹1.4b

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

Reliance Infrastructure

Market Cap: ₹33.9b

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

Adani Energy Solutions

Market Cap: ₹1.6t

Generates, transmits, and distributes power in India.

ACME Solar Holdings

Market Cap: ₹183.9b

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

India Power

Market Cap: ₹9.5b

Engages in the generation and distribution of electricity in India.

NTPC

Market Cap: ₹3.9t

Operates as an integrated power company in India.

Orient Green Power

Market Cap: ₹13.0b

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

Karma Energy

Market Cap: ₹595.9m

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

Power Grid Corporation of India

Market Cap: ₹3.0t

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

Advance Metering Technology

Market Cap: ₹321.0m

Engages in energy generation, measurement, and management through renewable sources in India.

IRM Energy

Market Cap: ₹10.4b

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

SJVN

Market Cap: ₹317.7b

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

Tata Power

Market Cap: ₹1.4t

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

KPI Green Energy

Market Cap: ₹89.6b

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.

Veer Energy & Infrastructure

Market Cap: ₹202.7m

Develops, constructs, implements, and operates various projects in the renewable energy sector in India.

Waa Solar

Market Cap: ₹872.6m

Engages in the power generation and transmission business primarily in India.

K.P. Energy

Market Cap: ₹23.9b

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

JSW Energy

Market Cap: ₹984.8b

Generates and sells power in India.

Globus Power Generation

Market Cap: ₹1.4b

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