Did you know that India ranks third in power generation globally? Energy is also one of the most crucial elements for development and meeting the energy demand of billions of people. For investors, it represents a tremendous opportunity to ride the wave and generate long-term wealth.
If you are interested in investing in energy stocks, this article is for you. In this blog, we will look at the top. energy stock list with its main metrics and its performance.
1. Tata Power
Tata Power was incorporated in 1915 and serves both retail and corporate customers. It is the largest private sector power company in the country with a capacity of over 2,785 MW. Tata Power has served more than 10 million customers and clients. The company is present in all segments such as energy generation, distribution and transmission.
Tata Power also emerged as India's 'most attractive employer brand', according to Randstad India's RBER 2023 report.
- Tata Power share price as of January 2023: โน350+
- Market Capitalization: โน1,10,719 Cr
2. JSW Energy
JSW Energy is another private company serving all over India. The company has its presence in the mining and equipment manufacturing, transmission, energy marketing and power generation segments.
JSW Energy began operations in 1994 and was initially a joint venture between JSW Steel Ltd. and Tractebel SA. The company won the "Superpower in Thermal Power" award for the best performing company in the thermal power sector in the past.
- JSW Energy share price as of January 2023: โน470+
- Market Capitalization: โน76,370 Cr
3. NTPC
NTPC is a major electrical company with presence throughout the value chain of the power generation business. The company has Resettlement and Rehabilitation policies related to its main business of electricity generation and execution of energy projects.
NTPC uses modern power generation techniques along with renewable energy sources to achieve green energy goals.
NTPC shines as the only Indian public sector company to feature in the Forbes 'World's Best Employer 2023' list.
- NTPC Share Price as of January 2023: โน300+
- Market Capitalization: โน3,03,845 Cr
4. torrent power
Founded in 1996, Torrent Power is dedicated to the generation, transmission and distribution of energy. The company is the most experienced private sector player in Gujarat and is also engaged in manufacturing and supplying electrical cables.
Torrent Power recently began working on the implementation of a green hydrogen pilot for bending in CGD.
- Torrent Power share price as of January: โน1000+
- Market Capitalization: โน49,059 Cr
5. Adani Green
Adani Green Energy is believed to be one of the largest renewable energy companies with a current portfolio of 20,434 MW.
Driven by the parent group's philosophy of "Growing with Kindness", the company builds, operates and owns large-scale grid-connected wind and solar farm projects.
Adani Green recently won the Sustainability 4.0 award.
- Adani Green share price as of January: โน1700+
- Market Capitalization: โน2,72,921 Cr
Conclusion
The electricity sector is going to experience exponential growth given the demand for energy and the growing population. India is at the forefront of revolutionizing its energy sector and companies have been innovating to drive change. If you want to invest in energy stocks, visit Dhan.
