Indian Utilities Big Green Snowflakes

PTC India

Market Cap: ₹48.7b

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

VA Tech Wabag

Market Cap: ₹87.8b

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.

Gujarat Industries Power

Market Cap: ₹26.4b

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

NHPC

Market Cap: ₹806.6b

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: ₹351.7m

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

IRM Energy

Market Cap: ₹13.0b

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

Torrent Power

Market Cap: ₹655.6b

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

Indraprastha Gas

Market Cap: ₹297.7b

Distributes and sells natural gas in India.

NLC India

Market Cap: ₹353.4b

Engages in the mining and power generation business in India.

Power Grid Corporation of India

Market Cap: ₹2.5t

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

GAIL (India)

Market Cap: ₹1.2t

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

CESC

Market Cap: ₹231.2b

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

Mahanagar Gas

Market Cap: ₹123.8b

Operates as a natural gas distribution company in India.

Gujarat State Petronet

Market Cap: ₹170.5b

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

ACME Solar Holdings

Market Cap: ₹151.6b

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

Chamunda Electrical

Market Cap: ₹559.6m

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

Positron Energy

Market Cap: ₹2.0b

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

Adani Power

Market Cap: ₹3.0t

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.

NTPC

Market Cap: ₹3.2t

Operates as an integrated power company in India.

SJVN

Market Cap: ₹327.9b

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

Gujarat Gas

Market Cap: ₹277.7b

Engages in the distribution of natural gas in India.

Tata Power

Market Cap: ₹1.2t

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

KPI Green Energy

Market Cap: ₹92.6b

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.

Adani Energy Solutions

Market Cap: ₹1.2t

Generates, transmits, and distributes power in India.

India Power

Market Cap: ₹10.9b

Engages in the generation and distribution of electricity in India.

Jaiprakash Power Ventures

Market Cap: ₹121.7b

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

ZR2 Bioenergy

Market Cap: ₹1.1b

Operates as a bioenergy manufacturing company.

Reliance Infrastructure

Market Cap: ₹75.9b

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

K.P. Energy

Market Cap: ₹26.9b

Provides balance of plant solutions for wind energy sector 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.

Veer Energy & Infrastructure

Market Cap: ₹229.2m

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

Waa Solar

Market Cap: ₹782.7m

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

Globus Power Generation

Market Cap: ₹1.5b

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

Orient Green Power

Market Cap: ₹15.6b

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

Shivamshree Businesses

Market Cap: ₹156.6m

Engages electric power generation using solar energy.

Karma Energy

Market Cap: ₹647.7m

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