Indian Utilities Mid-Large Cap Stocks

CESC

Market Cap: ₹236.9b

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

Gujarat State Petronet

Market Cap: ₹189.0b

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

Power Grid Corporation of India

Market Cap: ₹2.7t

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

GAIL (India)

Market Cap: ₹1.2t

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

NTPC

Market Cap: ₹3.3t

Primarily engages in the generation and sale of bulk power to state power utilities in India.

NLC India

Market Cap: ₹323.7b

Operates in the mining and power generation business in India.

SJVN

Market Cap: ₹388.5b

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

Gujarat Gas

Market Cap: ₹324.3b

Engages in the distribution of natural gas in India.

NHPC

Market Cap: ₹874.2b

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

Torrent Power

Market Cap: ₹689.6b

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

Indraprastha Gas

Market Cap: ₹301.1b

Engages in the distribution and sale of natural gas in India.

Tata Power

Market Cap: ₹1.3t

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

VA Tech Wabag

Market Cap: ₹92.4b

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: ₹149.3b

Operates as a natural gas distribution company in India.

Indigrid Infrastructure Trust

Market Cap: ₹130.4b

Operates as an infrastructure investment trust that owns and operates power transmission, renewable generation, and energy storage assets in India.

JSW Energy

Market Cap: ₹925.8b

Generates and sells power in India.

KPI Green Energy

Market Cap: ₹108.0b

Generates and supplies solar power under Solarism brand name in India.

ACME Solar Holdings

Market Cap: ₹166.7b

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

Adani Energy Solutions

Market Cap: ₹1.0t

Generates, transmits, and distributes power in India.

Adani Total Gas

Market Cap: ₹718.7b

Engages in the city gas distribution (CGD) business in India.

Reliance Power

Market Cap: ₹264.8b

Engages in the development, construction, and operation of power projects in India and internationally.

Reliance Infrastructure

Market Cap: ₹159.5b

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

Adani Power

Market Cap: ₹2.3t

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.

Jaiprakash Power Ventures

Market Cap: ₹156.7b

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

Adani Green Energy

Market Cap: ₹1.7t

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

NTPC Green Energy

Market Cap: ₹932.5b

Engages in the renewable energy generation business in India.