Indian Utilities Big Green Snowflakes

Gujarat Industries Power

Market Cap: ₹24.0b

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

PTC India

Market Cap: ₹54.4b

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

NHPC

Market Cap: ₹810.2b

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

Indraprastha Gas

Market Cap: ₹230.5b

Distributes and sells natural gas in India.

KKV Agro Powers

Market Cap: ₹382.9m

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

Bajel Projects

Market Cap: ₹21.0b

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

VA Tech Wabag

Market Cap: ₹93.0b

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: ₹111.6b

Operates as a natural gas distribution company in India.

ZR2 Bioenergy

Market Cap: ₹2.3b

Operates as a bioenergy manufacturing company.

CESC

Market Cap: ₹239.4b

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

Gujarat Gas

Market Cap: ₹264.2b

Engages in the distribution of natural gas in India.

GAIL (India)

Market Cap: ₹1.1t

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

NLC India

Market Cap: ₹414.2b

Engages in the mining and power generation business in India.

Torrent Power

Market Cap: ₹856.4b

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

Gujarat State Petronet

Market Cap: ₹156.2b

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: ₹482.6m

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

Power Grid Corporation of India

Market Cap: ₹2.9t

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

Positron Energy

Market Cap: ₹1.5b

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.

Jaiprakash Power Ventures

Market Cap: ₹132.2b

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

ACME Solar Holdings

Market Cap: ₹185.0b

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

Adani Energy Solutions

Market Cap: ₹1.7t

Generates, transmits, and distributes power in India.

Orient Green Power

Market Cap: ₹12.4b

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

NTPC

Market Cap: ₹3.9t

Operates as an integrated power company in India.

India Power

Market Cap: ₹9.4b

Engages in the generation and distribution of electricity in India.

IRM Energy

Market Cap: ₹11.6b

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

Karma Energy

Market Cap: ₹589.7m

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

Advance Metering Technology

Market Cap: ₹313.1m

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

Clean Max Enviro Energy Solutions

Market Cap: ₹123.8b

Engages in development and maintenance of renewable energy projects, such as solar and wind power solutions for commercial and industrial customers.

SJVN

Market Cap: ₹305.9b

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

Waa Solar

Market Cap: ₹905.5m

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

KPI Green Energy

Market Cap: ₹88.6b

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.

K.P. Energy

Market Cap: ₹23.8b

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

Veer Energy & Infrastructure

Market Cap: ₹197.5m

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

Tata Power

Market Cap: ₹1.4t

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

Adani Green Energy

Market Cap: ₹2.0t

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