Top 10 Green Power Companies in India

India’s Progress in Renewable Energy

Green Power Companies in India are at the forefront of a global shift toward sustainable energy. The nation is moving away from fossil fuels to cleaner alternatives, driven by concerns about climate change, environmental impacts, and the need for energy security. As one of the world's fastest-growing economies, India has set ambitious goals for renewable energy, aiming to reach 500 GW of capacity by 2030. This commitment has established India as a leading force in the international renewable energy landscape and has fueled the rapid growth of green power companies across the country.

India’s renewable energy ambitions are among the highest globally. By targeting 500 GW of renewable capacity by 2030, the country demonstrates its dedication to a cleaner future. This proactive approach has earned India a prominent position in global renewable energy rankings and has encouraged significant investment and innovation within the sector.

Several factors are propelling the growth of Green Power Companies in India. These include strong government policies and incentives, such as production-linked incentives, solar park initiatives, and net metering. Programs like the Green Energy Corridor and PM-KUSUM have further accelerated the adoption of renewables, especially solar energy, across various sectors and regions.

The expansion of green energy is led by major companies pioneering large-scale projects and innovative solutions. Notable names include Adani Green Energy Limited, ReNew Power, JSW Energy, Greenko Group, and KPI Green Energy Ltd. These companies are involved in developing, operating, and maintaining solar, wind, and hybrid power projects, significantly contributing to India’s renewable energy targets.

Green Power Companies in India are driving the nation’s transition to a sustainable energy future. With ambitious goals, supportive policies, and innovative industry leaders, India is well on its way to becoming a global renewable energy powerhouse. The continued growth of these companies will be essential for meeting energy demands and achieving long-term environmental goals.

Top 10 Green Power Companies in India

1. Adani Green Energy Limited (AGEL) - Top Green Power Company In India

Adani Green Energy Limited (AGEL), a key subsidiary of the Adani Group, is a leading Green Power Company in India. The company specializes in developing, owning, and operating large-scale solar, wind, and hybrid renewable power plants across the country. AGEL has established itself as a dominant force in the renewable energy sector through rapid expansion and significant capacity additions.

• Installed Capacity and Growth:
  • By 2025, AGEL reached an installed capacity of approximately 13.48 GW, with operational capacity growing by 30% in FY25 to 14.2 GW.
  • This growth places AGEL among the top green power producers in India.
• Landmark Projects:
  • AGEL has developed some of the world's largest solar parks in Rajasthan and Gujarat.
  • The company established India's first and the world's largest wind-solar hybrid power cluster of 2,140 MW in Jaisalmer, Rajasthan.
  • AGEL is developing a 30 GW renewable energy facility at Khavda, Gujarat, which is projected to be the world's largest renewable energy plant.
• Milestones and Future Targets:
  • In 2024, AGEL surpassed 10,000 MW of operational renewable energy capacity.
  • The company aims to achieve 45 GW of renewable energy capacity by 2030, supporting India's net-zero goals.
  • AGEL's focus on hybrid projects ensures a consistent and reliable power supply.
• Commitment to Sustainability:
  • AGEL's large-scale projects and ambitious targets reflect its commitment to accelerating India's transition to clean energy.
  • The company continues to invest in innovative solutions and expand its renewable energy portfolio nationwide.

With its aggressive growth strategy and leadership in renewable energy, Adani Green Energy Limited exemplifies the vision and scale of a top Green Power Company in India.

2. Tata Power Renewable Energy Ltd (TPREL) - Best Green Power Company In India

Tata Power Renewable Energy Ltd (TPREL) is a leading Green Power Company in India, recognized for its substantial role in advancing the country’s renewable energy sector. As the dedicated renewable arm of Tata Power, TPREL manages a wide range of projects across solar, wind, and hybrid energy, contributing significantly to India’s clean energy goals.

Key Achievements and Capacity

• TPREL’s installed renewable utility capacity has reached 10.9 GW, with Tata Power’s total portfolio at 15.7 GW, including 6.8 GW of clean energy generation.
• The company is steadily increasing its share of renewable energy, with a target to triple its capacity in the coming years.
• TPREL’s renewable projects span utility-scale solar and wind, as well as hybrid installations that combine multiple technologies for reliable power supply.

Diversified Solutions and Innovations

• Beyond large-scale projects, TPREL is actively involved in rooftop solar installations, supporting both residential and commercial customers.
• The company has expanded into electric vehicle (EV) charging infrastructure and solar pump deployment for agricultural applications.
• TPREL has developed one of India’s largest floating solar projects and continues to invest in innovative technologies like battery energy storage systems.

Strategic Partnerships and Major Projects

• TPREL partnered with Tata Motors to develop a 131 MW wind-solar hybrid project, expected to generate around 300 million units of clean electricity annually and support sustainable manufacturing operations.
• A Power Purchase Agreement (PPA) with NTPC Limited was signed for a 200 MW firm and dispatchable renewable energy project, integrating solar, wind, and battery storage to ensure reliable power during peak demand.
• The company is exploring the development of up to 7 GW of new renewable projects, including collaborations with state governments for future growth.

Commitment to India’s Clean Energy Transition

• TPREL’s approach includes both standalone and hybrid renewable projects, with and without storage solutions, to provide dependable green power.
• The company’s strong brand, technological innovation, and diversified portfolio position it as a key driver in India’s transition to sustainable energy.
• Through continuous expansion and strategic investments, TPREL is helping India move closer to its renewable energy targets and a cleaner future.

With its comprehensive strategy and ongoing commitment, Tata Power Renewable Energy Ltd stands out as a Green Power Company in India, supporting the nation’s energy transformation through innovation and sustainable growth.

3. ReNew Energy Global PLC (ReNew Power) - A Leading Renewable Energy Company in India

ReNew Energy Global PLC, widely recognized as ReNew Power, is a prominent renewable energy company in India. The company has established itself as one of the nation's largest independent power producers with a diversified portfolio that includes wind, solar, hybrid, and hydro power assets.

Key Achievements and Growth

• ReNew Power is listed on NASDAQ as ReNew Energy Global PLC, reflecting its global presence and investor confidence.
• The company operates over 150 utility-scale projects across nine Indian states, making a significant contribution to India's renewable energy capacity.
• As of December 31, 2024, ReNew Power’s commissioned capacity reached approximately 10.7 GW, marking a 25.5% year-over-year increase.
• The total portfolio stands at around 17.4 GW, including projects under development and in the pipeline.
• ReNew Power was the first renewable energy company in India and among the top 15 globally to cross 5 GW of installed capacity.

Innovations and Strategic Initiatives

• ReNew Power has made strategic investments in emerging areas such as green hydrogen and energy storage to strengthen its position as a future-ready energy supplier.
• The company has been recognized for its digitization efforts and modernization of operations, setting new benchmarks in the Indian renewable sector.
• ReNew Power commissioned one of India's largest single-site solar power projects in Jaisalmer.
• It has been acknowledged as an Energy Transition Changemaker for deploying the country's first round-the-clock power project.

Financial Performance Highlights

• For the third quarter of FY 2024-25, ReNew Power recorded a revenue of Rs 21.2 billion, a 10% year-on-year increase.
• Revenue from power sales stood at Rs 14.9 billion for the same period.
• Adjusted EBITDA for Q3 FY 2024-25 was Rs 13.8 billion, up 10% year-on-year.
• During the first nine months of FY 2024-25, revenue increased by 5% to Rs 75.9 billion, with power sales revenue at Rs 64.3 billion.
• Net profit for the first nine months was Rs 1.4 billion, a significant improvement from the previous year.
• The company has revised its expected EBITDA for FY 2024-25 to range between Rs 74 billion and Rs 78 billion.

Future Outlook and Vision

• ReNew Power is focused on expanding its installed capacity by the end of Fiscal Year 2025.
• The company emphasizes the development of intra-state transmission infrastructure to support the continued growth of renewable energy in India.
• Its listing on NASDAQ underscores its commitment to global standards and international best practices.
• Strategic investments in green hydrogen, energy storage, and addressing transmission challenges highlight ReNew Power’s forward-thinking approach.

With its robust growth, innovative projects, and global ambitions, ReNew Energy Global PLC continues to set benchmarks as a leading renewable energy company in India.

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4. Avaada Group - Leading Renewable Energy Company in India

Avaada Group is a prominent renewable energy company in India, recognized for its leadership in the clean energy transition. The company’s expertise covers a wide spectrum, including solar module manufacturing, renewable power generation, and the production of green hydrogen, green ammonia, and sustainable fuels.

Key Areas of Expertise

• Solar module manufacturing
• Renewable power generation
• Production of green hydrogen, green ammonia, and sustainable fuels

Strategic Growth and Achievements

• One of the largest renewable energy portfolios in India, with an installed capacity of nearly 5 GW
• Ambitious target to achieve 30 GW installed capacity by 2030
• Approximately 17 GWp under development
• Commissioned the world’s largest solar power plant at a single location in Bikaner, Rajasthan
• Secured long-term power purchase agreements (PPAs) for a total of 14 GW of renewable energy

Manufacturing and Innovation Initiatives

• Establishing a 6 GW wafer-to-cell production line in Nagpur, expected to be operational by December 2025
• 5 GW solar module manufacturing facility scheduled to start operations by June 2024
• Significant investments, including INR 50,000 crore in Madhya Pradesh for solar, wind, pumped storage, and green energy equipment manufacturing

Comprehensive Approach and Commitment

• Focus on sustainability and innovation across the clean energy value chain
• Strong foreign investment and strategic partnerships
• Development of energy storage solutions to maximize renewable energy utilization

Avaada Group’s integrated approach, large-scale investments, and focus on manufacturing and project execution make it a standout renewable energy company in India. The group continues to drive the nation’s clean energy ambitions and set new benchmarks in the sector.

5. NHPC Limited - A Leading Green Energy Company in India

NHPC Limited has established itself as a prominent renewable energy company in India, historically known for its dominance in hydropower and now rapidly expanding into solar and wind energy. The company’s robust renewable portfolio and strategic initiatives have positioned it among the key players in India’s clean energy transformation.

Installed Capacity and Renewable Portfolio

• Total installed capacity stands at 7,071 MW as of 2024, with the renewable segment contributing over 7 GW.
• NHPC leverages its extensive hydropower experience to explore pumped hydro storage and hybrid schemes, which are essential for grid balancing as renewable penetration increases.
• The company is actively expanding its solar and wind energy assets, including major projects like the Bikaner solar project in Rajasthan and several under-construction solar parks in Uttar Pradesh.

Strategic Initiatives and Future Plans

• NHPC aims to commission 3,000 MW of renewable energy projects by March 2027.
• The company is pursuing the development of 20 GW of pumped storage capacity, which will require significant investment and support grid stability.
• NHPC is investing in green hydrogen, undertaking pilot projects to produce and sell green hydrogen commercially.
• A dedicated green energy subsidiary is being set up, with plans to list it on the stock market to attract further investment in renewable assets.

Role in India’s Clean Energy Transition

• NHPC’s diversification into solar and wind energy, built on its strong hydropower foundation, reflects the evolving energy mix in India.
• The focus on pumped storage technology highlights the company’s role in ensuring reliability and stability of the renewable energy grid.
• NHPC’s projects support India’s national targets for non-fossil fuel energy capacity and contribute to the broader goal of sustainable and secure energy supply.

With its comprehensive approach and ambitious expansion plans, NHPC Limited continues to strengthen its leadership as a renewable energy company in India, playing a crucial role in the nation’s transition to clean and sustainable energy solutions.

6. JSW Energy - A Leading Green Power Company in India

JSW Energy, part of the JSW Group, stands out as a major green power company in India with a strong focus on expanding its renewable energy footprint. The company has strategically diversified into wind and solar power, reinforcing its commitment to clean and sustainable energy solutions.

Growth and Achievements in Renewable Energy

• By the end of FY2025, JSW Energy's total installed generation capacity reached 10.9 GW, surpassing its target of 10 GW for the fiscal year.
• Renewable energy sources account for 54% of this capacity, totaling 6,554 MW as of FY2025.
• The company aims to scale up its renewable energy capacity to 20 GW well before 2030.

Strategic Acquisitions and Expansion

• JSW Energy completed a significant acquisition of a 4.7 GW renewable energy platform from O2 Power, valued at Rs 12,468 crore.
• This acquisition brought high-quality assets across resource-rich states, including solar, wind, and hybrid projects.
• In FY2025 alone, JSW Energy added 3.6 GW of generation capacity, marking its highest annual capacity addition.

Focus on Energy Storage and Green Hydrogen

• The company plans to establish 40 GWh of storage capacity by 2030, covering both battery energy storage systems and pumped storage projects.
• A 3,800 tonne per annum green hydrogen production plant is under development, expected to be operational by 2025.
• These initiatives highlight JSW Energy's forward integration and comprehensive approach to the energy transition.

Commitment to a Sustainable Future

• JSW Energy's aggressive expansion through organic growth and strategic acquisitions underscores its dedication to a sustainable energy future.
• The company’s focus on energy storage and green hydrogen production positions it as a pioneer in India's renewable energy sector.
• As a green power company in India, JSW Energy continues to drive the nation’s shift towards clean and reliable power solutions.

7. Greenko Group - Green Power Company in India

Greenko Group stands out as a prominent green energy company in India, specializing in integrated renewable energy solutions that combine solar, wind, and hydropower with advanced energy storage technologies. Headquartered in Hyderabad, Greenko is recognized for its significant contribution to the country's renewable energy landscape.

Key Highlights of Greenko Group

• Extensive Capacity: Operates with a net installed capacity of 11 GW across 20 states, making it a major player in the Indian energy sector.
• Integrated Renewable Projects: Focuses on combining solar, wind, and hydropower with innovative storage solutions to ensure reliable and dispatchable energy supply.
• Energy Storage Ambitions:
  • Aims to achieve 50 GWh of operational energy storage by 2025.
  • Plans to expand total storage capacity to 100 GWh in subsequent years.
• Green Hydrogen and Ammonia Initiatives:
  • Plans to establish electrolyzer gigafactories with a capacity of 2 GW per year.
  • Targets a green ammonia production capacity of 3.1 million tons per annum within four years.
• Major Projects:
  • Developing three large-scale Integrated Renewable Energy Storage Projects (IRESP) in Karnataka, Andhra Pradesh, and Madhya Pradesh, with a combined capacity of 5.2 GW.
  • These projects integrate solar and wind resources with digital storage infrastructure to provide round-the-clock power.
• Innovation and Digitization: Utilizes digital technology and advanced storage solutions to transform renewable energy from an intermittent source to a controlled and reliable supply.
• Strategic Alignment: Greenko’s initiatives support India's national goal of achieving energy independence by 2047 and contribute to the global transition toward sustainable energy.

Leadership in Addressing Energy Challenges

Greenko Group’s integrated approach to renewable energy and storage positions it as a leader in overcoming the challenges of intermittency in renewable power generation. Its focus on green hydrogen and ammonia production further strengthens its role in supporting India’s clean energy ambitions.

As a pioneering green energy company in India, Greenko continues to drive innovation and large-scale adoption of sustainable energy solutions, reinforcing its leadership in the country’s energy transition.

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8. NTPC Renewable Energy Limited - A Leading Green Energy Company in India

NTPC Renewable Energy Limited (NTPC REL) is a wholly-owned subsidiary of NTPC Green Energy Limited (NGEL), which itself operates under NTPC Limited, India’s largest integrated power utility. As a prominent green power company in India, NTPC REL is at the forefront of driving the country's renewable energy growth.

Ambitious Renewable Energy Targets

• NTPC aims to achieve 60 GW of renewable energy capacity by 2032.
• By the end of FY25, the NTPC Group's cumulative installed capacity reached approximately 80 GW.
• There are around 15 GW of renewable projects under construction.
• NTPC REL currently operates 703 MW of renewable energy capacity, including 653 MW of solar and 50 MW of wind power.
• An estimated capacity addition of around 15 GW is planned by FY25.

Major Projects and Initiatives

• Development of large Renewable Energy Parks across India, including a 4,750 MW solar power park in the Rann of Kutch, Gujarat.
• Expansion into floating solar, offshore wind, round-the-clock (RTC) projects, and energy storage solutions.
• Efforts to supply reliable and cost-effective green hydrogen.
• Joint venture with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) to develop up to 10 GW of solar, wind, and hybrid power projects in Maharashtra and other states.

Contribution to India’s Clean Energy Transition

• NTPC REL’s strong backing from NTPC Limited ensures robust project execution and financial stability.
• The company focuses on large-scale renewable energy projects, supporting India’s clean energy goals.
• NTPC REL is a key player in the transition towards sustainable and carbon-neutral power generation in India.

With its commitment to innovation and sustainability, NTPC Renewable Energy Limited continues to strengthen its position as a leading green power company in India, playing a vital role in the nation’s transition to clean energy.

9. Azure Power - A Leading Renewable Energy Company in India

Azure Power is recognized as a prominent green power company in India, known for its strong presence in the renewable energy sector and a robust portfolio of utility-scale solar projects.

• Company Overview:
  • Founded in 2008, Azure Power pioneered India's first utility-scale solar project in 2009, marking a significant milestone in the country’s solar journey.
  • The company has developed a substantial renewable energy asset base of over 4.1 GW, with more than 3 GW of operational capacity and approximately 1.1 GW of contracted and awarded capacity across various Indian states.
• Key Projects and Achievements:
  • Azure Power has delivered several large-scale solar power projects, including landmark projects in Rajasthan and other states.
  • The company operates multiple subsidiaries that have successfully developed 300 MW solar projects, contributing to India’s clean energy production goals.
  • Azure Power’s early entry into the utility-scale solar market provided a significant first-mover advantage, establishing its reputation as an industry leader.
• Sustainability and Commitment:
  • Azure Power is committed to achieving 100% renewable energy supply for its own operations by 2025, covering its datacenters, buildings, and campuses.
  • The company’s focus extends beyond power generation to include sustainable practices in all aspects of its operations.
• Future Outlook:
  • Azure Power continues to expand its renewable energy portfolio through new project development and strategic partnerships.
  • Its ongoing efforts support India’s broader renewable energy targets and reinforce its position as a key green power company in India.

With its ambitious goals and proven track record, Azure Power remains a vital green power company in India, driving the nation’s transition to a sustainable energy future.

10. SJVN Green Energy Limited - A Green Energy & Power Company in India

SJVN Green Energy Limited, a prominent renewable energy company in India, operates as the green energy arm of SJVN Limited, a public sector enterprise. The company plays a significant role in advancing India's renewable energy goals by focusing on the development and operation of hydroelectric, thermal, solar, and wind power projects.

• Diversified Portfolio:
  • Hydroelectric power generation
  • Thermal power generation
  • Solar power projects
  • Wind power projects
• Installed Capacity:
  • 2,226 MW of total installed capacity
• Strategic Partnerships:
  • Collaboration with Zelestra for renewables-plus-storage projects
  • Engagement in government-led renewable energy procurement initiatives

SJVN Limited, the parent organization, is actively involved in the government’s renewable energy bidding process, demonstrating its commitment to expanding green power capacity in India. The support from a government undertaking provides SJVN Green Energy Limited with a stable foundation and access to essential resources for growth in the renewable sector.

• Key Strengths:
  • Strong government backing
  • Focus on both solar and wind energy technologies
  • Contribution to a balanced and resilient renewable energy mix

As a renewable energy company in India, SJVN Green Energy Limited continues to enhance its presence by diversifying its energy portfolio and forming strategic alliances, contributing significantly to the nation’s sustainable energy future.

Green Power Companies in India (Estimated Installed Capacity - 2025)

Other Significant Contributors Among Green Power Companies in India

In addition to the top 10, several other green power companies in India are making notable contributions to the country’s renewable energy sector. These organizations help create a dynamic and competitive ecosystem, driving innovation and supporting the nation’s clean energy goals.

• Sterling and Wilson Renewable Energy
  • Offers comprehensive engineering, procurement, and construction (EPC) services for solar projects
  • Involved in large-scale solar energy generation across India
• ACME Solar
  • Major player in the solar energy sector
  • Focuses on developing and operating large solar power plants and projects
• Greenko Energy Holdings
  • Specializes in both solar and wind power projects
  • Holds a broad portfolio of renewable energy assets across the country
• Suzlon Energy
  • Well-established provider of renewable energy solutions
  • Renowned for expertise in wind energy projects
  • Has a substantial installed wind energy capacity in India

These companies, along with others, continue to strengthen the presence of green power companies in India, fostering further growth and innovation in the renewable energy sector.

Conclusion: Sustaining Momentum for a Greener Tomorrow

The future of renewable energy in India is promising, with green power companies in India playing a pivotal role in shaping a cleaner, more sustainable nation. Their continued innovation, investments, and commitment are essential for ensuring a robust, energy-secure future for generations to come.