With more than 300 sunny days each year, India’s solar potential is massive. Discover the leading solar energy stocks contributing to India's renewable revolution.
India generates 5,000 trillion kWh of solar energy annually. Policies like PLI and Solar Park Scheme propel India to achieve its net exporter goal by 2026.
Market Cap: ₹3,23,481 Crore NTPC, India’s largest power producer, operates 15 solar PV stations and numerous coal, gas, and hydro plants. It targets 130 GW capacity by 2032, advancing India’s renewable energy goals. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹1,64,145 Crore Adani Green is a leading renewable energy player specializing in utility-scale solar and hybrid projects. Its focus on innovation positions it at the forefront of India's green energy transition. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹1,27,814 Crore Tata Power Renewable Energy excels in solar rooftop solutions and EPC services, with a robust portfolio of distributed solar projects nationwide. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹1,15,344 Crore JSW Energy is an integrated power company with 667 MW of solar capacity. It operates in both thermal and renewable segments, advancing sustainable energy. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹87,067 Crore Suzlon integrates solar and wind power solutions with a global footprint, emphasizing renewable and sustainable energy solutions. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹82,410 Crore NHPC focuses on hydropower, solar, and wind projects, with an installed capacity of 7,097 MW. It has revolutionized renewable power generation in rural India. Data as of 23rd December 2024. Source – NSE
India’s solar energy sector continues to expand, supported by contributions from companies like NTPC and Adani Green. This sector plays an important role in the transition to renewable energy.