Top Green Energy Stocks in NSE (2025)

Green energy stocks represent companies developing alternative technologies powered by renewable resources such as sunlight, wind, heat, low-impact hydroelectric sources, and certain forms of biomass.

1. Adani Green Energy Ltd: Adani Green Energy Ltd develops, builds, and operates utility-scale solar and wind projects across India, contributing significantly to the nation’s renewable energy capacity and sustainable power generation.
2. NTPC Green Energy Ltd: NTPC Green Energy Ltd, a subsidiary of NTPC, focuses on solar, wind, and hydrogen-based projects, driving India’s transition to cleaner energy and expanding its renewable power portfolio.
3. NHPC Ltd: NHPC Ltd is India’s leading hydropower company engaged in developing, operating, and maintaining hydroelectric projects, contributing to clean energy generation and supporting sustainable infrastructure growth.
4. Premier Energies Ltd: Premier Energies Ltd manufactures solar cells, modules, and photovoltaic systems, playing a vital role in India’s solar energy ecosystem and supporting the country’s renewable energy expansion.
5. SJVN Ltd: SJVN Ltd develops and operates hydro, solar, and wind power projects across India, aiming to enhance renewable energy generation and contribute to the country’s sustainable energy goals.

In the Union Budget 2025–26, Finance Minister Nirmala Sitharaman substantially reinforced India’s commitment to clean energy by raising the allocation for the future of green energy in India from ₹9,251 cr. to ₹26,549 cr.

• The Ministry of New and Renewable Energy (MNRE) budget estimate for 2025-26 stands at ₹25,649 cr., reflecting a 39% increase from last year’s initial estimate of ₹19,100 cr. It aims to support the growth of India’s renewable energy market.
• Rooftop solar adoption under PM Surya Ghar received a major boost with an investment of ₹20,000 cr. allocated an 80% jump from the revised estimate of ₹11,100 cr. in 2024-25.
• ₹600 cr. has been set aside for Green Energy Corridors (GECs) in 2025-26, matching the 2025-25 revised estimate (RE).
• The PM-KUSUM scheme has been allocated ₹2,600 cr. for 2025-26, up from ₹2,525 cr. in 2024-25 (RE).
• The National Green Hydrogen Mission sees its budget doubled to ₹600 cr. in the Union Budget 2025-26, against ₹300 cr. (RE) in 2024-25.

Here is how you can invest in the best green energy stocks:

1. Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
2. Conduct thorough research into the top green energy stocks in India using Tickertape Stocks Screener. The screener offers over 200 built-in filters, allowing investors to select parameters and generate a list of green energy stocks.
3. Place a ‘Buy’ Order on the top green energy stocks that align with your investment thesis.

• Environmental Focus: Green stocks in India focus on renewable energy sources such as solar, wind, and hydropower.
• Economic Resilience: The listed clean energy companies in India show resilience during economic shifts, driven by global demand for green energy.
• Government Support: Favourable policies and incentives boost the growth of good green energy stocks. Government backing, especially for solar-related shares, improves their investment appeal.
• Technological Innovation: Firms continue to invest in R&D, developing advanced technologies such as improved solar panel manufacturing.
• Regulatory Awareness: Investors must closely monitor policy changes, as shifts in regulation can significantly impact the performance of Indian green energy stocks.

• Sustainable: Green energy sources will continue to generate power in the upcoming years, increasing the demand for clean energy companies in India. Sustainable energy stocks in India are expected to grow as global demand rises.
• Reduced Carbon Footprint: Clean energy helps reduce carbon emissions, benefiting the planet. As a result, governments around the world are supporting the faster adoption of green energy, which would benefit this sector.
• Positive Impact: Clean energy companies are working towards solutions that would benefit the environment and society. Investing in solar or wind energy stocks in India provides exposure to the growing renewable energy sector while advancing a sustainable energy future.

• Heavy Reliance on Thermal Energy: India’s reliance on thermal energy stems from the widespread availability and cost-effectiveness of fossil fuels. The transition to alternative energy sources is a gradual process, making an immediate shift unlikely.
• Renewable Energy Production and Distribution Challenges: One of the major challenges for the green energy sector in India is to maintain, distribute, and store green energy resources.
• Demand-Supply Gap and Peak Energy Requirements: Addressing the demand-supply gap is challenging, especially given India’s higher energy demand in the evening.
• Intermittency of Renewable Sources and Seasonal Variations: Solar and wind energy availability is subject to natural conditions, with sunlight limited to daytime and wind patterns influenced by geography and climate.

• Government Policies: It’s crucial to understand the impact of changes in government policies, incentives, and subsidies, as these can affect the performance of green energy stocks.
• Innovation: Technological advancement and new innovations remain essential factors in the green energy sector in India to gain a competitive advantage. So, when evaluating green energy companies, it’s necessary to assess whether they are actively investing in and adopting new technologies to improve efficiency and operations.
• ESG Performance: While looking at the best renewable energy stocks in India, consider the company’s environmental, social, and governance (ESG) performance. This is a strong indicator of long-term sustainability.