Top 15 Power Companies in India 2021

We have compiled the latest top electricity companies in India based on their market cap in the share market.  India is a populated country with a very high demand for power; in fact, it’s the third-largest consumer of power or electricity. As a developing nation, electricity is one of the most vital needs for socio-economic growth and development. The high demand and need for electricity cause India to produce electricity on a very large scale. India ranks third among all the countries in the world when it comes to the production of electricity.

Leading power companies in India

Sources of power/ electricity in India

The power industry of India deploys diverse methods to generate power. There are many conventional methods of producing electricity such as from:

  • Coal
  • Lignite or natural gas (The process of generating power by heat energy from these sources is called thermal power production)
  • Hydroelectricity or the process of producing electricity with the help of steam (water)
  • Solar power
  • Wind power
  • Nuclear power or the production of electricity by using nuclear energy.

Hence, there are diverse sources of energy that are deployed in order to produce electricity in India. In 2018, India became the fourth-largest country in the Asia Pacific region, to produce maximum wind power and was the fifth-largest country in solar power production.

The market scenario of the power industry

With the advancement and growth in the industrial sector, the demand for electricity has obviously exponentially gone high. Plus, the government’s vision is that every nook and corner of rural areas in the country receives electricity. Not very long back, many Indian villages were known to be devoid of many basic amenities including electricity. With the “Power for all” initiative of Government, measures are being taken so that every place in the country has electricity. This has led to the need for all more power production. With the ever-growing demand for power, this sector has grown tremendously with more competition amongst the power companies in the market. The supply and demands are both increasing. It is being estimated that by 2022, wind power of 60 Gigawatts and solar power of 100 Gigawatts will be generated to suffice the needs and to overcome the shortage of conventional sources of energy.

Top 15 giants in the Indian power industry:

Power Grid Corporation of India Limited

Power Grid Corporation of India Limited

It is a government initiative and a central public-sector company. With a huge number of 1,64,511 km transmission lines, 249 sub-stations, and transformation capacity of 4,14,774 MVA, Power Grid is the largest electricity transmission company in India. The power grid is a global power company, serving 20 countries and providing power to more than 25 clients. Some objective of the organization is – to deploy an Inter-State Transmission system in order to transmit electricity, to ensure smooth transmission of electricity from power stations to the load centers, to provide the best transmission consultancy services in the country as well as globally, and to efficiently operate and maintain power transmission systems.

  • Market Cap (Rs Cr.): 86,399.70
  • Book Value (Rs): 123.17
  • Face Value (RS): 10.00
  • Turnover (Rs. In Lakhs): 13,867.66

Profit & Loss

  • Mar 20: 10,904.27
  • Mar 19: 9,904.70
  • Mar 18: 8,056.06
  • Mar 17: 7,450.73

NTPC Ltd.

NTPC Ltd.

NTPC stands for National Thermal Power Corporation. NTPC Ltd. is a government enterprise and one of the largest power companies. It has a current power generation capacity of 62,910 MW and is planning to elevate to 130 Gigawatts in near future. The company’s goal is to maximize the generation of power to meet the demands, but at the same time, to abide by sustainable development and care for our environment. Traditionally, it was only involved in thermal power production but keeping in my environmental concerns, it has also started using renewable resources like solar and hydro energy. Performance-wise, NTPC surpasses the National average.

  • Market Cap (Rs Cr.): 86,280.54
  • Book Value (Rs): 114.78
  • Face Value (RS): 10.00
  • Turnover (Rs. In Lakhs): 16,326.56

Profit & Loss

  • Mar 20: 11,496.58
  • Mar 19: 13,362.32
  • Mar 18: 10,056.45
  • Mar 17: 10,089.23

Adani Transmission Ltd.

Adani Transmission Ltd.

Adani Transmission limited is the second-largest private-sector company in the Indian power sector. It’s headquarter is situated in Ahmedabad, Gujrat. With an enormous transformation capacity of over 27,000 MVA, more than 14,000 km transmission lines, and 39 substations, it transmits and distributes power across various states, with a major presence in North, west, and central India. Overall, ATL is undertaking the power transmission in 9 states and handling 24 transmission projects.

  • Market Cap (Rs Cr.): 27,572.24
  • Book Value (Rs): 13.92
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: 49
  • Mar 19: 559.20
  • Mar 18: 1,142.94
  • Mar 17: 416.43

NHPC Ltd.

NHPC Ltd.

NHPC stands for National Hydroelectric Power Corporation. NHPC Ltd. is a government enterprise. It was founded as an initiative to promote the use of hydroelectricity and to plan and develop the required technologies to generate hydropower. Initially, NHPC concentrated on hydroelectric power generation only but subsequently, extended to use other renewable resources as well, such as Geothermal energy, solar energy, wind energy, and tidal energy. Even today, NHPC’s forte and focus remain “Hydroelectric Power”. As it realizes that water is a renewable resource that is in abundance and can be exploited to large extent and is much more efficient in power generation compared to other sources like thermal energy and Gas, it strives to utilize Hydro-energy to generate power. Around 2700 Terrawatt Hour power is generated using water, annually.

  • Market Cap (Rs Cr.): 20,592.32
  • Book Value (Rs): 29.85
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: 3,321.68
  • Mar 19: 2,830.55
  • Mar 18: 2,784.78
  • Mar 17: 3,477.59

Tata Power Company Ltd.

Tata Power Company Ltd.

Tata Power Company belongs to the Tata group of companies. It was earlier a part of Tata Electric companies but now operates separately. Tata Power is one of the largest power companies in India. Sir Jamshedji Tata was the founder of Tata groups, a legendary businessman who brought a revolution in the industrial sector. The company still abides by his ideology that cheap and abundant power is the most vital need for the economic development of India. Tata Power harnesses all kinds of renewable and non-renewable sources of energy for electricity production. Hence, they have diverse categories of projects such as Solar power projects, Wind power projects, Solar rooftop projects, Hydroelectricity projects, Thermal power projects, waste heat recovery power generation, and microgrids. As quite noticeable, Tata Power takes care of sustainable development.

  • Market Cap (Rs Cr.): 17,414.60
  • Book Value (Rs): 43.22
  • Face Value (RS): 1.00
  • Turnover (Rs. In Lakhs): 7,206.58

Profit & Loss

  • Mar 20: 89
  • Mar 19: 1,203.83
  • Mar 18: 1,056.94
  • Mar 17: -126.16

Adani Power Ltd.

Adani Power comes among the top 10 Indian Power companies, which is a part of the Adani industries group. Adani Power has been the pioneer to set up the first thermal power plant to abide by the norms of the Clean Development Mechanism. The company dreams of becoming a global leader in the power sector, by changing and enriching lives while taking care of the environment.

  • Market Cap (Rs Cr.): 14,328.53
  • Book Value (Rs): 18.60
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: -2,274.77
  • Mar 19: -984.40
  • Mar 18: -2,073.77
  • Mar 17: -6,174.10

JSW Energy Ltd.

JSW Energy Ltd.

JSW Energy is another leading Indian power company that promises uninterrupted power supply. Combining together, the best strategies and planning, quality natural resources, latest technologies, and expert professionals, JSW Energy generates a power of 4,559 MW. The maximum percentage of power is thermal besides which, it generates hydropower of 1390 MW and solar power of around 10 MW. It also holds stakes in natural resource companies based in South Africa.

  • Market Cap (Rs Cr.): 9,478.88
  • Book Value (Rs): 57.23
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: 1,053.14
  • Mar 19: 652.56
  • Mar 18: 40
  • Mar 17: 618.45

CESC Ltd.

CESC Ltd.

CESC is the abbreviated name of the company. The full form of CESC is Calcutta Electricity Supply Corporation. It’s a part of the Sanjay-Goenka group. The first thermal plant of CESC was started on 17th April 1899, four years after the Calcutta Electric Lighting Act was passed. It has several power stations today in Kolkata as well as outside and generates sufficient power to light up the city.

  • Market Cap (Rs Cr.): 8,258.30
  • Book Value (Rs): 757.21
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: 1,236.52
  • Mar 19: 1,128.79
  • Mar 18: 52
  • Mar 17: 761.80

IndiGrid InvItT Fund Ltd.

IndiGrid InvItT Fund Ltd.

Indi-Grid is an investment trust company (InvIt). It is a big private-sector power company that was established by a sponsor company, Sterlite Power Grid Ventures Ltd.IndiGrid works with the help and goodwill of its sponsors. They have an impressive infrastructure and an enormous power transmission capacity attributed to 25 transmission lines of length 6,080 km, 9 substations, and transformation capacity of 10,735 MVA. IndiGrid is currently undertaking 10 power transmission projects.

  • Market Cap (Rs Cr.): 6,172.67
  • Book Value (Rs): 96.45
  • Face Value (RS): 99.39

Profit & Loss

  • Mar 20: 72
  • Mar 19: 153.91
  • Mar 18: 35

Sterling & Wilson Solar Ltd.

sterling & wilson solar

Sterling & Wilson is a veteran power company that is said to have started as a joint venture between Shapoorji Mistri Sr. and Mehervan Daruvala. Wilson Electric works and Sterling Investments were separate companies before they merged as one, in 1971. Sterling & Wilson started functioning in the 1970s and has become a global powerhouse today. Their solar EPC division has expanded to an extent that Sterling & Wilson is one of the pioneers and leaders in global solar EPC solutions.

  • Market Cap (Rs Cr.): 3,816.57
  • Book Value (Rs): 41.23
  • Face Value (RS): 1.00

Profit & Loss

  • Mar 20: 27
  • Mar 19: 638.23
  • Mar 18: 54

Jaiprakash Power Ventures Ltd.

Jaiprakash Power Ventures Ltd.

Jaiprakash Power Ventures started its venture in 1994. It’s a part of the Jaypee group of companies. Jaiprakash Power Ventures has constantly kept up with the increasing demands of power and have increased their supply accordingly. It keeps adding power stations and makes sure to increment the power generation which meets the requirements. Between 1992-1997, they added 16422 MW power and 19015 MW Power between 1997 to 2002. It added another 700 MW of Hydropower and 1231 MW thermal power in the next five years, i.e. 2002-2007. So, it constantly works and strives to meet up with the growing electricity demands.

  • Market Cap (Rs Cr.): 1,552.78
  • Book Value (Rs): 9.39
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: -2,147.22
  • Mar 19: -367.47
  • Mar 18: -1,690.34
  • Mar 17: -1,294.69

Gujrat Industries Power Company Ltd

Gujrat Industries Power Company Ltd

Gujrat Industries Power Company Limited, abbreviated as GIPCL, is a public-sector company which is under the Government of Gujrat. It’s a listed company with NSE(National Stock Exchange) and BSE(Bombay Stock Exchange). It started production in 1992 with a 145 MW gas plant set up in Vadodara. Over the years, the company has handled numerous projects of thermal power and solar power, with the current project of 100MW Solar Power for Raghanesda Park in Gujrat. It also has the vision to combine wind energy and solar energy for the generation of Hybrid-solar power.

  • Market Cap (Rs Cr.): 1,058.76
  • Book Value (Rs): 181.69
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: 98
  • Mar 19: 176.40
  • Mar 18: 50
  • Mar 17: 229.24

BF Utilities Ltd.

BF Utilities Ltd.

BF Utilities Ltd. is a part of an industrial conglomerate- Kalyani group. It has two sections of business- Infrastructure Business and Investment Business. In the power sector, it’s mainly specialized in Windpower. It set up its first wind farm between 1998-2001. It has 51 wind-energy generators each, of 230 KW power. The total capacity of the farm is 18.33 MW.

  • Market Cap (Rs Cr.): 921.54
  • Book Value (Rs): 34.65
  • Face Value (RS): 5.00

Profit & Loss

  • Mar 20: 36
  • Mar 19: 72.00
  • Mar 18: 04
  • Mar 17: -29.31

Reliance Infrastructure Ltd.

Reliance Infrastructure Ltd.

Reliance Infrastructure is an infrastructure company and not just confined to power. Its business is spread across multiple sectors which can be classified into the following segments- Energy generation, Infrastructure, and Defense. Here, the relevance is with their Energy section. Reliance Infrastructure is responsible for both generation and transmission of power.

  • Market Cap (Rs Cr.): 608.82
  • Book Value (Rs): 397.24
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: 865.58
  • Mar 19: -939.80
  • Mar 18: 1,157.68
  • Mar 17: 1,085.38

Energy Development Company Limited

Energy Development Company Limited

The company began with an objective to use renewable sources of energy to produce electricity. It is, therefore, keenly focused on deploying eco-friendly methods to achieve sustainable development. EDCL currently generates 19 MW of power using all renewable sources of energy. It also has many hydroelectric power projects which are under development presently. Once they start operating, they can collectively generate 291 MW of power.

  • Market Cap (Rs Cr.): 24.18
  • Book Value (Rs): 33.81
  • Face Value (RS): 10.00

Profit & Loss

  • Mar 20: -4.47
  • Mar 19: -7.06
  • Mar 18: -13.11
  • Mar 17: 3.98

List of Top 15 power companies in India

Sl. No Company Establishment Head office Website
1 Power Grid Corporation of India Ltd. 1989 Gurgaon http://www.powergridindia.com/
2 NTPC Ltd. 1975 New Delhi https://www.ntpc.co.in/
3 Adani Transmission Ltd. 2013 Ahmedabad https://www.adanitransmission.com/
4 NHPC Ltd. 1975 Faridabad http://nhpcindia.com/
5 Tata Power Company Ltd. 1911 Mumbai https://www.tatapower.com/
6 Adani Power Ltd. 1996 Ahmedabad http://www.adanipower.com/
7 JSW Energy Ltd. 1994 Mumbai https://www.jsw.in/
8 CESC Ltd. 1899 Kolkata http://www.cesc.co.in/
9 IndiGrid InvIT Fund Ltd. 2016 New Delhi https://www.indigrid.co.in/
10 Sterling & Wilson Solar Ltd. 2011 Mumbai https://sterlingandwilson.com/
11 Jaiprakash Power Ventures Ltd. 1994 Singrauli http://jppowerventures.com/
12 Gujarat Industries Power Co. Ltd. 1985 Vadodara http://www.gipcl.com/
13 BF Utilities Ltd. 2000 Pune http://www.bfutilities.com/
14 Reliance Infrastructure Ltd. 1929 Navi Mumbai http://www.rinfra.com/
15 Energy Development Company Ltd. 1995 Kolkata http://www.edclgroup.com/

Bottomline

This is a glimpse of the top 15 India-based power companies which are listed in the stock market. There is a lot more to know about these companies and their services, which is beyond the scope of this article. The information that has been shared here will help you peek into the success stories of these companies as they are ruling the Power sector and hold the highest power-production capacity.

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