November 8, 2022

Top Renewable Energy Companies in India

Global energy consumption is increasing, and global energy demand is predicted to expand multiple times over during the upcoming decades. India is third in the world in terms of energy output.

India intends to employ renewable energy to boost its industrial prosperity, energy independence, and resource conservation, as well as to prevent environmental issues.

The Indian government’s strong mandate and strong private-sector investments have enabled India to develop into one of the world’s most appealing renewable energy regions.

Today, we look at some of the top Renewable energy companies in India.

Top 10 Renewable Energy Companies in India

The following are the top renewable/green energy companies in India:

1. Shell PLC

Rio Tinto Group is the world’s second-largest metals and mining company and an Anglo-Australian multinational corporation. The corporation was created when an investor group bought from the Spanish government a mining facility on the Rio Tinto in Huelva, Spain.

Rio Tinto was placed the 114th largest public business in the world in the 2020 Forbes Global 2000. The corporation operates on 6 continents, although its operations are mostly centred in Australia and Canada. It controls its mining activities through a complicated network of wholly and partially owned subsidiaries.

2. ReNew Power

ReNew Power is an Indian renewable energy company. Sumant Sinha established ReNew Power, with Goldman Sachs financing. ReNew has become the first Indian renewable energy producer to reach 1 GW output in 2016.

By operating capacity, it is India’s biggest renewable energy company. It has a total resource base of more than 10 GW, with approximately 5 GW operating. ReNew Power has approximately 110 projects across 18 Indian states.

3. Suzlon

Suzlon Energy Limited is a transnational wind turbine manufacturer based in India. Tanti established Suzlon Energy to meet the textile company’s energy demands, and subsequently expanded into wind energy generation.

Suzlon has delivered approximately 17,000 MW of wind generating capacity in 18 countries worldwide. MAKE previously placed it as the world’s sixth largest wind turbine manufacturer.

4. JSW Energy

JSW Energy Limited (JSWEL) is an Indian subsidiary of the JSW Group. Sajjan Jindal, a billionaire, owns JSW Energy. JSW is presently the country’s biggest private producer of hydroelectricity, with a combined hydro asset base of 1,300 MW.

JSW Energy operates 5681 MW of power generation. Furthermore, it includes power generation plants in the early stages of construction with a projected installed capacity of 8630 MW.

5. TATA Power

Tata Power Company Limited is an Indian power utility company. It is a subsidiary of the Tata Group. The Tata Hydroelectric Power Supply was established in 1910, and it merged with the Andhra Valley Power Supply Company in 1916.

It is India’s largest integrated utility company, with an overall installed capacity of 10,577 MW. Tata Power Group operates in 35 locations across the country.

6. Sterling and Wilson Solar

Vedanta Limited is a multinational mining business based in India. D.P.Agarwal established Sterlite Industries (India) Limited in Mumbai and started purchasing mining licences across several Indian states.

Sterlite Industries and Sesa Goa confirmed their merger in 2015, and the two companies combined into a one business in August of that year. Sesa Sterlite was rebranded Vedanta Limited. Though the firm began in Goa and Karnataka, it has steadily expanded its activities to other states in recent years.

7. Azure Power

Azure Power Global Limited is a project developer and operator of utilities and commercial scale solar PV power projects. Inderpreet Wadhwa established the company.

In 2009, they launched India’s first utility-scale solar installation in Awan, Punjab. The company’s overall capacity is greater than 7 GW.

8. Adani Green Energy

NALCO, or National Aluminium Company Limited, is a government company with integrated and diverse activities in mining, metals, and energy. It is owned by the Ministry of Mines and the Government of India.

The organisation is the world’s lowest-cost producer of metallurgical quality alumina and the world’s lowest-cost producer of bauxite. According to a Public Enterprise Survey report, the organisation is the third-highest net export earning CPSE.

9. Inox Wind

INOX Wind Limited is a provider of wind energy services in India. The business is an INOX Group subsidiary.

INOX Wind Limited has three production units in the country. The INOX Group employs about 9,000 individuals and has a distribution network in over 50 countries. In Business Today’s 2015 list of the 500 most valuable businesses in India, INOX Wind was placed 167th.

10. NHPC (National Hydroelectric Power Corporation)

NHPC Limited (National Hydroelectric Power Corporation) is a hydropower board managed by the Ministry of Power, Government of India. It was founded with the goal of organising, planning, and promoting the efficient and comprehensive development of hydroelectric power.

With an estimated investment bedrock of 387,180 million, NHPC ranks among the top ten companies in the nation in terms of total investment.

Final Words

In 2021, a total of $14.5 billion was committed to renewable energy. However, India’s primary obstacle is understanding how to fulfill its energy demands without endangering the environment.

We hope this article has helped you identify the best renewable energy companies in India. Feel free to reach out to us, if you have any questions or suggestions.

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