By FY32, the Adani Group intends to invest $60 billion in transmission and distribution (T&D), power generation, and renewable energy. In a presentation to investors, the group laid out its intentions, estimating that more than $21 billion will be invested by FY30 to increase the capacity of renewable energy from 14.2 GW in FY25 to 50 GW by the end of the decade.
Adani Green Energy (AGEL), its renewable energy division, manages utility-scale wind and solar projects and is building what it claims is the largest renewable park in the world in Gujarat’s Khavda.
Transmission Expansion: 30,000 km by FY30
To expand its network, Adani Energy Solutions (AESL), which manages distribution, transmission, smart metering, and cooling, would invest more than $17 billion. By FY30, the corporation wants to have 30,000 km of transmission lines, up from 19,200 km in March 2025.
By FY32, Adani Power plans to invest $22 billion to increase its capacity from 17.6 GW in FY25 to 41.9 GW. With facilities in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, in addition to a 40 MW solar unit in Gujarat, the firm is the biggest private generator of thermal electricity in the nation.
India is Emerging as Fastest Growing Power Market
India is one of the power markets with the greatest rate of growth in the world, according to the group, with installed capacity predicted to more than double to 1,000 GW by FY32 from 475 GW in FY25. Due to the demand from data centres, electric vehicles, urbanisation, and industrialisation, it predicted that there were over $500 billion in investment prospects in the area. With 172 GW of renewable capacity in FY25, the nation ranked fourth in the world.
By FY32, it might reach 571 GW, opening up prospects worth $300 billion. It is anticipated that solar power will grow quickly, adding more than 23 GW of capacity in FY25 alone. With an estimated increase in thermal power capacity from 247 GW in FY25 to 309 GW by FY32, an additional 80 GW of coal-based plants and $91 billion in investments will be needed.
According to Adani Power, “Coal continues to be the foundation of India’s baseload power, providing a steady supply despite growing demand and renewable variability.” Transmission lines are anticipated to expand from 494,000 km in FY25 to 648,000 km by FY32, providing a $110 billion investment opportunity on the network side, the organisation stated.
Quick
Shots
•Capacity to
rise from 14.2 GW in FY25 → 50 GW by FY30; world’s largest renewable park
being built at Khavda, Gujarat.
•Adani Energy
Solutions (AESL) to invest $17B; transmission lines to expand from 19,200 km
(2025) → 30,000 km (2030).
•Installed
capacity expected to more than double from 475 GW (2025) → 1,000 GW (2032).
•$500B+ Market opportunity is driven
by data centres, EV adoption, urbanisation & industrialisation.
In recent years, renewable energy is becoming popular, in fact, starting to become a necessity.
The world is fighting climate change more rigorously than ever and increasing the focus on cleaner sources of power like solar energy, wind energy, and hydropower can be a key to a better future.
India has an abundance of natural resources. And this is primarily the reason why India has a greater chance to emerge as a leader in this renewable energy sector. As of May 2023, India’s installed renewable energy capacity had reached an impressive 179 GW, a significant increase compared to previous years.
This growth is driven by a supportive government framework and a thriving ecosystem of top renewable energy companies in India.
In this article, we will explore the list of the top 10 renewable energy companies in India and their contributions to India’s clean energy journey.
What is Renewable Energy?
The traditional methods of generating electricity rely mostly on fossil fuels like coal and oil. These come with a hefty environmental cost.
Renewable energy offers a cleaner alternative for these. Unlike these finite resources, renewable energy sources are naturally replenished on a human timescale.
Sunlight, wind, moving water, and even heat from the Earth’s core can be used to generate power to meet the rapidly growing human needs. These are continuously available and hence can be a sustainable and reliable option.
When the world makes the shift towards renewable energy, it can ensure a long-term energy supply while minimizing the burden on the environment. Most renewable energy sources produce little to no harmful emissions, which can help manage climate change and air pollution.
Top 10 Renewable Energy Companies in India
India’s renewable energy sector is driven by a diverse group of companies, each playing a crucial role in one way or the other.
Here are the top 10 renewable energy companies in India:
Top Renewable Energy Companies in India – Adani Green Energy Limited
Adani Green Energy Limited (AGEL) is a prominent player in India’s renewable energy sector. AGEL has a robust project portfolio focused on wind and solar power. They are also at the forefront of developing green hydrogen technology.
AGEL claims to be committed to a greener future for India by implementing large-scale solar and wind farm projects.
These projects generate electricity that caters to various entities including government and government-backed enterprises.
Sterling and Wilson Renewable Energy Limited
Company
Sterling and Wilson Renewable Energy Limited
Founder
–
Founded
9 March 2017
Headquarters
India
Top Renewable Energy Companies in India – Sterling & Wilson Renewable Energy Limited
Sterling and Wilson Renewable Energy Limited, formerly known as Sterling and Wilson Solar Limited, is a global leader in offering solar EPC (engineering, procurement, and construction) solutions.
They handle the entire project lifecycle for renewable energy projects. That is, they handle processes from design and engineering to procurement and construction.
Their expertise extends across solar, wind, and hybrid projects. Hence they are a significant contributor to India’s renewable energy growth.
JSW Energy Limited
Company
JSW Energy Limited
Founder
Sajjan Jindal
Founded
1994
Headquarters
Maharashtra, India
Top Renewable Energy Companies in India – JSW Energy
JSW is a leading Indian independent power producer that is making prominent strides in the renewable energy sector.
They develop, own, and operate solar and wind power plants having a diverse portfolio of 9.8 GW of which 61% is renewable.
JSW Energy is known for its responsible business practices and it aims to achieve a sustainable future through clean energy initiatives.
Tata Power Renewable Energy Limited (TPREL)
Company
Tata Power Renewable Energy Limited
Founder
Deepesh Nanda (President)
Founded
2007
Headquarters
Mumbai, India
Top Renewable Energy Companies in India – Tata Power Renewable Energy Limited
TPREL is a key player in India’s renewable energy transformation, backed by the legacy of innovation and leadership of the Tata Group.
They have a well-established portfolio that includes wind, and solar power projects and are actively involved in developing renewable energy solutions for a sustainable future.
They have an operating capacity of 1839 MW, consisting of 907 MW from wind power and 932 MW from solar power.
Top Renewable Energy Companies in India – Hero Future Energies
With a vision to create a greener future Hero Future Energies operates as one of the prominent players in India’s renewable energy sector. The company is a part of Hero Group, a popular business group in India
Hero Future Energies has various wind and solar energy farms across the country. They have a global portfolio of 4.5 GW across India as well as Ukraine and Vietnam. They are also well-positioned to offer Green Hydrogen across the globe.
They also actively invest in research and development to bring innovative renewable energy solutions to market.
Suzlon Energy Limited
Company
Suzlon Energy Limited
Founder
Tulsi Tanti
Founded
1995
Headquarters
Pune, India
Top Renewable Energy Companies in India – Suzlon Energy Limited
Suzlon is a pioneer in India’s wind energy sector. It has the highest installed wind energy capacity in the country over 20,680 MW.
They offer an extensive range of wind turbine solutions that include design, development, manufacturing, and servicing.
Suzlon has a deep commitment towards technological advancements and this plays an important role in making wind energy a more reliable and cost-effective source of renewable power in India.
NHPC Limited
Company
NHPC India
Founder
Sri Raj Kumar Chaudhary (Chairman and Managing Director)
Founded
1975
Headquarters
Faridabad, India
Top Renewable Energy Companies in India – NHPC Limited
The National Hydroelectric Power Corporation, NHPC is a leading public sector enterprise in India that specializes in everything from conceptualizing, and developing to operating hydroelectric power plants. They also have set up other projects like solar and wind power plants.
They are estimated to have 26 power plants with almost 7144.20 MW capacity.
NHPC has been one of the major contributors to India’s renewable energy sector. With many enhancements in their projects using promising technologies like photovoltaic panels, and floating solar panels they help the nation lean more towards a clean and reliable source of baseload power.
Top Renewable Energy Companies in India – Greenko Energy Holdings
Greenko is another leading renewable energy company in India with a portfolio that encompasses wind, solar, and hydropower projects. They have an installed capacity of around 7.5 GW. The company also has a storage capacity of 100 GWh per day.
They are committed to developing sustainable and affordable energy solutions through integrated decarbonized energy and grid assets. They have played a crucial role in shaping India’s renewable energy landscape in the complex and mid-stream sections.
Orient Green Power Limited
Company
Orient Green Power Limited
Founder
Mr. T. Shivaraman
Founded
2006
Headquarters
India
Top Renewable Energy Companies in India – Orient Green Power Limited
Orient Green Power is a fast-growing company in India’s renewable energy sector. This company has a great focus on developing, constructing, and operating utility-scale solar power plants across the country.
As of June 2022, they have a capacity of over 402.3 MW of wind power generation assets. They also have a considerable wind farm in Europe.
Through an innovative approach and operational excellence, Orient Green Power has been rising to be a key player in India’s clean energy future.
KPI Green Energy Limited
Company
KPI Green Energy Limited
Founder
Dr. Faruk G. Patel (Managing Director)
Founded
2008
Headquarters
India
Top Renewable Energy Companies in India – KPI Energy Green Limited
Established in 2018, KPI Green Energy Limited is a promising company that produces independent power and also provides services to Captive Power Producers.
They are making their mark by developing solar and wind energy projects and also significantly contributing to India’s growing renewable energy capacity.
They have over 1679 MW solar and hybrid portfolios with a target of increasing 1000 MW more by 2025.
So, these are the 10 of the leading renewable energy companies in India that are promising to help India lean towards a greener future.
With its impressive growth in renewable energy capacity and a supportive government framework, India is certainly positioning itself as an upcoming leader in the renewable energy sector. The country’s abundant natural resources and ambitious sustainable energy goals make it a frontrunner in the race as the world shifts towards renewable energy sources.
In 2021, Prime Minister Modi announced the “Panchamrit” agenda at the COP26 climate summit, aiming for 500 GW of non-fossil energy capacity by 2030 and net zero emissions by 2070. As of May 2023, India’s installed renewable energy capacity reached 179 GW, with solar and wind comprising a significant portion of this total.
However, there’s still room for further development and innovation to fully harness this potential and ensure a sustainable energy future for India.
Even though India has an impressive installed capacity of renewable energy production plants, the intermittent nature of renewable sources like solar and wind results in a gap between capacity and actual electricity production. Additionally, while fossil fuels still dominate India’s energy mix, the country’s ongoing efforts to increase the share of renewables and reduce greenhouse gas emissions reflect a committed path towards energy transformation.
Conclusion
India’s journey towards clean energy is being driven by a collective effort.
The top renewable energy companies in India, along with government initiatives and a growing public awareness about climate change, are paving the way for a greener future.
As renewable energy continues to play a larger role in India’s energy production, the country is not only reducing its carbon footprint but also creating new opportunities for jobs and economic growth.
By continuing to invest in renewable energy, India can secure a brighter, more sustainable future for its citizens.
FAQs
Which are the top renewable energy companies in India?
The top renewable energy companies in India include:
Adani Green Energy Limited (AGEL)
Sterling and Wilson Renewable Energy Limited
JSW Energy Limited
Tata Power Renewable Energy Limited (TPREL)
Hero Future Energies
Suzlon Energy Limited
NHPC Limited
Greenko Energy Holdings
Orient Green Power Limited
KPI Green Energy Limited
What is renewable energy?
Renewable energy is derived from natural resources that are replenished within a human lifespan. Utilizing renewable energy technologies not only mitigates climate change and enhances energy security but also offers economic advantages.
What are the types of green energy?
The types of green energy include wind power, solar power, bioenergy (organic matter burned as a fuel), and hydroelectric, including tidal energy.
