The best renewable energy stocks in India 2022.
| SL No. | Stocks | Market Cap (₹ Cr) | Closing Price (₹) |
| 1 | Adani Green Energy Ltd | 3,33,058.67 | 2,085.40 |
| 2 | NHPC Ltd | 42,138.92 | 42.05 |
| 3 | SJVN Ltd | 14,049.02 | 36.3 |
| 4 | Suzlon Energy Ltd | 11,526.47 | 8.1 |
| 5 | Sterling and Wilson Renewable Energy Ltd | 5,406.26 | 277.35 |
| 6 | Jaiprakash Power Ventures Ltd | 5,037.29 | 7.3 |
| 7 | Virescent Renewable Energy Trust | 1,909.50 | 95 |
| 8 | KPI Green Energy Ltd | 1,484.93 | 818.85 |
| 9 | BF Utilities Ltd | 1,470.36 | 401.7 |
| 10 | Waaree Renewable Technologies Ltd | 1,026.87 | 500.3 |
Climate change has been a hot subject all across the world, and it is also causing concern in developing economies. In reality, the Indian government appears to be devoted to boosting the use of clean energy sources since it is already constructing a number of large-scale sustainable power projects and strongly pushing green energy.
Given the market’s sudden infatuation for all things ‘green,’ we see a disruptive shift in the energy sector. Whenever the word “green energy” is spoken, investors fall head over heels for green energy stocks.
To be sure, India’s investments in renewable energy have increased in recent years. Traditional energy sources, such as hydrocarbon-based energy, are being phased out in favor of green energy sources such as solar, wind, and green hydrogen. The impact may be gradual, but we are on the verge of a major disruption.
Read along to find the best-performing renewable energy stocks in India.
Content:
- Solar Energy Stocks that Pay Best Dividend
- Listed Solar Companies in India with Largest Volume
- Best Solar Energy Stocks in India with Highest Net Profit Margin
- Solar Energy Stocks India with Good EPS
- Short Introduction To Top 3 Companies From Each Table Above
Renewable Energy Stocks that Pay Best Dividend
| SL No. | Stocks | Market Cap (₹ Cr) | Closing Price (₹) | Dividend per Share (₹) |
| 1 | KKV Agro Powers Limited | 56.95 | 999 | 5 |
| 2 | NHPC Ltd | 42,138.92 | 42.05 | 1.81 |
| 3 | SJVN Ltd | 14,049.02 | 36.3 | 1.7 |
| 4 | KPI Green Energy Ltd | 1,484.93 | 818.85 | 1 |
| 5 | KP ENERGY Ltd | 396.40 | 340.55 | 0.75 |
| 6 | Waaree Renewable Technologies Ltd | 1,026.87 | 500.3 | 0.5 |
| 7 | Adani Green Energy Ltd | 3,33,058.67 | 2,085.40 | 0 |
| 8 | BF Utilities Ltd | 1,470.36 | 401.70 | 0 |
| 9 | Energy Development Company Ltd | 95.48 | 19.15 | 0 |
| 10 | Orient Green Power Company Ltd | 634.36 | 8.35 | 0 |
Top Renewable Energy Companies in India with Largest Volume
| SL No. | Stocks | Market Cap (₹ Cr) | Closing Price (₹) | Daily Volume |
| 1 | Suzlon Energy Ltd | 11,526.47 | 8.1 | 3,40,20,658.00 |
| 2 | Jaiprakash Power Ventures Ltd | 5,037.29 | 7.3 | 2,01,39,199.00 |
| 3 | NHPC Ltd | 42,138.92 | 42.05 | 80,38,346.00 |
| 4 | SJVN Ltd | 14,049.02 | 36.3 | 51,99,696.00 |
| 5 | Virescent Renewable Energy Trust | 1,909.50 | 95 | 20,00,000.00 |
| 6 | Orient Green Power Company Ltd | 634.36 | 8.35 | 12,90,402.00 |
| 7 | Adani Green Energy Ltd | 3,33,058.67 | 2,085.40 | 10,62,645.00 |
| 8 | Energy Development Company Ltd | 95.48 | 19.15 | 4,08,511.00 |
| 9 | Urja Global Ltd | 597.02 | 10.80 | 3,98,621.00 |
| 10 | BF Utilities Ltd | 1,470.36 | 401.7 | 3,63,546.00 |
Best Renewable Energy Shares with Highest Net Profit Margin
| SL No. | Stocks | Market Cap (₹ Cr) | Closing Price (₹) | Net Profit Margin (%) |
| 1 | Tarini International Ltd | 6.53 | 5.25 | 78.31 |
| 2 | Gita Renewable Energy Ltd | 52.60 | 119.25 | 72.78 |
| 3 | SJVN Ltd | 14,049.02 | 36.3 | 37.38 |
| 4 | NHPC Ltd | 42,138.92 | 42.05 | 34.5 |
| 5 | KPI Green Energy Ltd | 1,484.93 | 818.85 | 20.24 |
| 6 | Energy Development Company Ltd | 95.48 | 19.15 | 19.13 |
| 7 | WAA Solar Ltd | 54.94 | 41 | 15.43 |
| 8 | Orient Green Power Company Ltd | 634.36 | 8.35 | 10.17 |
| 9 | BF Utilities Ltd | 1,470.36 | 401.70 | 9.51 |
| 10 | Adani Green Energy Ltd | 3,33,058.67 | 2,085.40 | 8.67 |
Green Energy Stocks with Good EPS
| SL No. | Stocks | Market Cap (₹ Cr) | Closing Price (₹) | Earnings Per Share (₹) |
| 1 | KPI Green Energy Ltd | 1,484.93 | 818.85 | 24.7 |
| 2 | KKV Agro Powers Limited | 56.95 | 999 | 20.98 |
| 3 | KP ENERGY Ltd | 396.40 | 340.55 | 16.55 |
| 4 | BF Utilities Ltd | 1,470.36 | 401.7 | 13.49 |
| 5 | Gita Renewable Energy Ltd | 52.60 | 119.25 | 5.79 |
| 6 | WAA Solar Ltd | 54.94 | 41.00 | 5.47 |
| 7 | Waaree Renewable Technologies Ltd | 1,026.87 | 500.3 | 4.28 |
| 8 | Zodiac Energy Ltd | 202.01 | 137.50 | 3.74 |
| 9 | NHPC Ltd | 42,138.92 | 42.05 | 3.51 |
| 10 | Adani Green Energy Ltd | 3,33,058.67 | 2,085.40 | 3.13 |
Clean Energy Shares based on Return on Asset
| SL No. | Stocks | Market Cap (₹ Cr) | Closing Price (₹) | Return on Assets (%) |
| 1 | Jiya Eco-Products Ltd | 10.53 | 3.5 | 16.26 |
| 2 | Zodiac Energy Ltd | 202.01 | 137.5 | 8.12 |
| 3 | KPI Green Energy Ltd | 1,484.93 | 818.85 | 7.89 |
| 4 | KP ENERGY Ltd | 396.40 | 340.55 | 6.06 |
| 5 | Gita Renewable Energy Ltd | 52.60 | 119.25 | 5.8 |
| 6 | SJVN Ltd | 14,049.02 | 36.3 | 4.86 |
| 7 | Waaree Renewable Technologies Ltd | 1,026.87 | 500.3 | 4.82 |
| 8 | NHPC Ltd | 42,138.92 | 42.05 | 4.68 |
| 9 | Tarini International Ltd | 6.53 | 5.25 | 3.72 |
| 10 | Websol Energy System Ltd | 325.92 | 89.6 | 3.39 |
Looking for the Best Stocks in different sectors? Check out the following articles:
Short Introduction To Top 3 Companies From Each Table Above
Renewable Energy Stocks that Pay Best Dividend
KKV Agro Powers Limited
KKV Agro Powers is a Coimbatore-based Independent Power Producer (IPP) and renewable energy generation company that specializes in agriculture-based energy.
They have a total installed capacity of 10.6 MW, which includes a 7.6 MW wind energy installation and a 3 MW solar energy plant, respectively. The Company takes a green approach to wind generation by utilizing the most cutting-edge technology that has been sourced from well-established countries throughout the world.
NHPC Ltd
NHPC Limited (Formerly National Hydroelectric Power Corporation) is an Indian government hydropower board owned by the Ministry of Power, Government of India. It was founded in 1975 with an authorized capital of ₹2,000 million and the goal of planning, promoting, and organizing an integrated and efficient development of hydroelectric power in all aspects. Later on, NHPC expanded its objectives to include other energy sources such as solar, geothermal, tidal, wind, and so on.
NHPC is currently a Mini Ratna Category-I Enterprise of the Government of India, with an authorized share capital of ₹150,000 million. NHPC is one of the top ten companies in terms of investment in the country, with an estimated investment base of over 387,180 million. The first project attempted by NHPC was the Baira Suil Power Station in the Salooni Tehsil in the Chamba region.
SJVN Ltd
Satluj Jal Vidyut Nigam, or SJVN, is an Indian public-sector enterprise that generates and transmits hydroelectric power. It was founded in 1988 as Nathpa Jhakri Power Corporation, a joint venture between the governments of India and Himachal Pradesh.
Through its two hydropower plants, Nathpa Jhakri and Rampur, the company has a total operating hydropower capacity of 1912 MW. It also has a wind power capacity of 97.6 MW and a solar power capacity of 6.9 MW.
SJVN has hydroelectric projects under construction in Nepal and Bhutan, in addition to India.
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Top Renewable Energy Companies in India with Largest Volume
Suzlon Energy Ltd
Suzlon is a global leader in renewable energy solutions, having been formed in 1995. Suzlon has installed wind energy in 18 countries across six continents over the last two decades.
The Suzlon Group is made up of Suzlon Energy Limited and its subsidiaries. The Group’s growth strategy is founded on long-term development. Suzlon has recently expanded its solar power capabilities and intends to offer wind-solar hybrid solutions. Every year, its global wind installations contribute to CO2 emissions reductions of around 40.6 million tonnes.
In India, the Suzlon Group has 14 manufacturing facilities. Suzlon’s success can be attributed to its dynamic workforce of more than 5,400 employees who are respected and empowered.
Suzlon has over 100 wind farms in India and has approximately 13,000 MW of installed capacity. In Gujarat, Rajasthan, Maharashtra, and Tamil Nadu, it has constructed some of Asia’s largest onshore wind farms.
The Suzlon Group’s mission is to provide customer-friendly renewable energy. Its wind energy ‘Concept to Commissioning’ methodology enables it to fulfill the broadest variety of customer needs in the renewable energy value chain.
Jaiprakash Power Ventures Ltd
Jaiprakash Power Ventures Ltd is an Indian power firm founded on December 21, 1994, that is a subsidiary of India’s largest infrastructure conglomerate, the Jaypee Group. Their strategy is to create, build, and manage power projects in India. They presently run India’s largest hydroelectric power facility in the private sector.
The Jaypee Group is an Indian infrastructure company with holdings in civil engineering and construction, cement, power, real estate, expressways, hospitality, fertilizer, health care, sports, and education (not-for-profit).
NHPC Ltd
NHPC Limited (Formerly National Hydroelectric Power Corporation) is an Indian government hydropower board owned by the Ministry of Power, Government of India. It was founded in 1975 with an authorized capital of ₹2,000 million and the goal of planning, promoting, and organizing an integrated and efficient development of hydroelectric power in all aspects. Later on, NHPC expanded its objectives to include other energy sources such as solar, geothermal, tidal, wind, and so on.
NHPC is currently a Mini Ratna Category-I Enterprise of the Government of India, with an authorized share capital of ₹150,000 million. NHPC is one of the top ten companies in terms of investment in the country, with an estimated investment base of over 387,180 million. The first project attempted by NHPC was the Baira Suil Power Station in the Salooni Tehsil in the Chamba region.
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Best Renewable Energy Shares with Highest Net Profit Margin
Tarini International Ltd
Tarini International Ltd. is a turnkey contractor and consultancy firm that has been in operation since 1999. The firm’s areas of expertise include power generation, transmission, and distribution, as well as other EPC contracts.
The company offers a variety of services, including those related to hydropower transmission and distribution projects. It offers a comprehensive range of services on a trunk basis, including conceptualization, designing, engineering, and commissioning.
Additionally, the company offers services in the field of technical consultancy and accepts assignments in the preparation of feasibility reports and detailed project reports for potential projects. Both domestically and internationally, the company offers technical consultation in addition to the creation of Detailed Project Reports, in addition to detailed designing and engineering for small hydro projects with capacities ranging from 5 to 100 MW.
Gita Renewable Energy Ltd
The purpose and goal of Gita Renewable Energy Limited is to realign the business activities that are carried out by Kanishk Steel Industries Limited through the generation of electricity from renewable resources such as wind, sun, and hydro. The Company has a presence in the Indian market.
SJVN Ltd
Satluj Jal Vidyut Nigam, or SJVN, is an Indian public-sector enterprise that generates and transmits hydroelectric power. It was founded in 1988 as Nathpa Jhakri Power Corporation, a joint venture between the governments of India and Himachal Pradesh.
Through its two hydropower plants, Nathpa Jhakri and Rampur, the company has a total operating hydropower capacity of 1912 MW. It also has a wind power capacity of 97.6 MW and a solar power capacity of 6.9 MW.
SJVN has hydroelectric projects under construction in Nepal and Bhutan, in addition to India.
Green Energy Stocks with Good EPS
KPI Green Energy Ltd
KPI Green Energy Limited is a provider of construction services for renewable energy projects. The company is in the business of designing and constructing solar power facilities. KPI Green Energy provides its services to Indian clients.
KKV Agro Powers Limited
KKV Agro Powers is a Coimbatore-based Independent Power Producer (IPP) and renewable energy generation company that specializes in agriculture-based energy.
They have a total installed capacity of 10.6 MW, which includes a 7.6 MW wind energy installation and a 3 MW solar energy plant, respectively. The Company takes a green approach to wind generation by utilizing the most cutting-edge technology that has been sourced from well-established countries throughout the world.
KP ENERGY Ltd
K.P. Energy Limited is an organization with its headquarters in India that is in the business of developing wind farm infrastructure. The company offers a variety of solutions across the whole life cycle of a wind project, beginning with the concept and ending with its conclusion.
Clean Energy Shares based on Return on Asset
Jiya Eco-Products Ltd
Jiya Eco-Products Limited is a privately held company that specializes in the industrial manufacture of biofuel and biomass pellets. Biofuel is produced by the company from agricultural waste and solid trash. Jiya Eco-Products is a company that operates in India.
Zodiac Energy Ltd
Zodiac Energy Ltd. is a company that specializes in providing energy solutions and has over two decades of expertise working in several power generation sectors. It offers comprehensive solutions for power plants, beginning with the concept and continuing until commissioning.
Solar rooftop installation, solar ground mounted solution, solar photovoltaic solar pumping solution, solar thermal solar water heater solution, EPC of diesel/gas generators, and other products are among the offers of the company.
KPI Green Energy Ltd
KPI Green Energy Limited is a provider of construction services for renewable energy projects. The company is in the business of designing and constructing solar power facilities. KPI Green Energy provides its services to Indian clients.
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
