Indian Utilities Stable Growth Stocks

ACME Solar Holdings

Market Cap: ₹280.9b

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

Gujarat Energy

Market Cap: ₹250.7b

Engages in the distribution of natural gas in India.

CESC

Market Cap: ₹207.6b

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

NTPC

Market Cap: ₹3.3t

Operates as an integrated power company in India and Mauritius.

Adani Power

Market Cap: ₹3.9t

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.

Adani Energy Solutions

Market Cap: ₹1.9t

Generates, transmits, and distributes power in India.