Indian Utilities Big Green Snowflakes

Gujarat Industries Power

Market Cap: ₹18.8b

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

PTC India

Market Cap: ₹46.6b

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

NHPC

Market Cap: ₹740.5b

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

Indraprastha Gas

Market Cap: ₹203.9b

Distributes and sells natural gas in India.

VA Tech Wabag

Market Cap: ₹72.1b

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.

Mahanagar Gas

Market Cap: ₹91.6b

Operates as a natural gas distribution company in India.

GAIL (India)

Market Cap: ₹905.5b

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

KKV Agro Powers

Market Cap: ₹364.8m

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

Gujarat Gas

Market Cap: ₹211.5b

Engages in the distribution of natural gas in India.

CESC

Market Cap: ₹199.1b

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

Gujarat State Petronet

Market Cap: ₹129.6b

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

NLC India

Market Cap: ₹372.5b

Engages in the mining and power generation business in India.

ZR2 Bioenergy

Market Cap: ₹1.6b

Operates as a bioenergy manufacturing company.

Torrent Power

Market Cap: ₹658.0b

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

India Power

Market Cap: ₹6.9b

Engages in the generation and distribution of electricity in India.

Chamunda Electrical

Market Cap: ₹425.3m

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

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

ACME Solar Holdings

Market Cap: ₹158.5b

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: ₹15.9b

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

Power Grid Corporation of India

Market Cap: ₹2.8t

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

Reliance Infrastructure

Market Cap: ₹27.5b

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

Karma Energy

Market Cap: ₹411.4m

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

NTPC

Market Cap: ₹3.6t

Operates as an integrated power company in India.

Orient Green Power

Market Cap: ₹9.4b

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

SJVN

Market Cap: ₹249.0b

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

Positron Energy

Market Cap: ₹849.7m

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

IRM Energy

Market Cap: ₹7.4b

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

Adani Power

Market Cap: ₹2.9t

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.

Tata Power

Market Cap: ₹1.2t

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

Jaiprakash Power Ventures

Market Cap: ₹96.2b

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

Advance Metering Technology

Market Cap: ₹308.3m

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

Indowind Energy

Market Cap: ₹909.3m

Generates and distributes power in India.

K.P. Energy

Market Cap: ₹16.9b

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

KPI Green Energy

Market Cap: ₹69.4b

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.

Waa Solar

Market Cap: ₹568.1m

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

JSW Energy

Market Cap: ₹829.5b

Generates and sells power in India.