Top Renewable Energy Stocks in India
As per the latest update in the renewable energy sector, nearly 49% of India’s 476 GW power capacity comes from non-fossil sources, including 111 GW of solar and 51 GW of wind. Momentum is visible in the markets: Suzlon Energy shares rose after a fresh 170 MW wind order, while Waaree Renewables secured ₹1,480 cr. in EPC contracts. State governments are also stepping up, with projects like Assam’s 900 MW pumped storage plant.
Best Renewable Energy Stocks
Saturday, 30 August, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ABCG | Onix Solar Energy Ltd | ONIXSOLAR | /stocks/abc-gas-international-ABCG | Renewable Energy | 362.05 | 520.20 | 100.95 | 71.69 | 49.44 | 20.70 | 18.10 | 0.00 | 5.45 | 258.64 | 200.83 | 4,701.72 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Trading Companies & Distributors | 4.99 |
| ACMES | ACME Solar Holdings Ltd | ACMESOLAR | /stocks/acme-solar-holdings-ACMES | Renewable Energy | 284.60 | 309.85 | 167.75 | 17,220.80 | 68.31 | 20.70 | 6.65 | 0.01 | 30.88 | 12.42 | 12.42 | 12.42 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.59 |
| ADNA | Adani Green Energy Ltd | ADANIGREEN | /stocks/adani-green-energy-ADNA | Renewable Energy | 913.50 | 2,091.00 | 758.00 | 150,469.54 | 104.20 | 20.70 | 6.67 | 0.00 | 7.22 | -50.07 | -60.93 | 101.77 | Largecap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.83 |
| AGN | Agni Green Power Ltd | AGNI | /stocks/agni-green-power--AGN | Renewable Energy | 25.35 | 50.75 | 17.90 | 49.52 | 78.60 | 20.70 | 1.61 | 0.00 | 1.24 | -44.22 | -11.98 | -3.43 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Construction & Engineering | 5.41 |
| AHA | Ahasolar Technologies Ltd | AHASOLAR | /stocks/ahasolar-technologies-AHA | Renewable Energy | 106.00 | 391.95 | 85.65 | 32.67 | -34.39 | 20.70 | 2.21 | 0.00 | -6.23 | -71.30 | -50.27 | -50.27 | Smallcap | Consumer Discretionary Distribution & Retail | Independent Power and Renewable Electricity Producers | Home Improvement Retail | -0.14 |
| APS | Australian Premium Solar (India) Ltd | APS | /stocks/australian-premium-solar-india-APS | Renewable Energy | 475.50 | 654.00 | 345.00 | 955.28 | 23.83 | 20.70 | 19.87 | 0.00 | 25.71 | -0.83 | 223.47 | 223.47 | Smallcap | Semiconductors & Semiconductor Equipment | Independent Power and Renewable Electricity Producers | Semiconductors | -1.54 |
| BFUT | BF Utilities Ltd | BFUTILITIE | /stocks/bf-utilities-limitd-BFUT | Renewable Energy | 805.20 | 1,129.10 | 573.00 | 3,033.00 | 189.68 | 20.70 | 4.24 | 0.00 | 26.25 | 3.07 | 108.66 | 214.47 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Construction & Engineering | -2.39 |
| EDCO | Energy Development Company Ltd | ENERGYDEV | /stocks/energy-development-company-EDCO | Renewable Energy | 19.22 | 36.39 | 16.40 | 91.30 | -0.94 | 20.70 | 0.76 | 0.00 | -1.79 | -29.98 | 16.84 | 182.65 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Electric Utilities | -1.49 |
| GGB | Ganesh Green Bharat Ltd | GGBL | /stocks/ganesh-green-bharat-GGB | Renewable Energy | 424.00 | 635.00 | 282.20 | 1,051.56 | 34.77 | 20.70 | 17.87 | 0.00 | 42.27 | -3.70 | 11.86 | 11.86 | Smallcap | Semiconductors & Semiconductor Equipment | Independent Power and Renewable Electricity Producers | Semiconductors | 1.92 |
| GIT | Gita Renewable Energy Ltd | GITARENEW | /stocks/gita-renewable-energy-GIT | Renewable Energy | 110.65 | 197.50 | 101.00 | 45.50 | -113.76 | 20.70 | 3.37 | 0.00 | 1.83 | -31.70 | -18.43 | 1,904.53 | Smallcap | null | Independent Power and Renewable Electricity Producers | null | -1.79 |
| GUJCM | ZR2 Bioenergy Ltd | ZR2 | /stocks/gujchem-distillers-india-GUJCM | Renewable Energy | 386.10 | 540.60 | 255.45 | 121.66 | 1,216.64 | 20.70 | 7.22 | 0.00 | 3.58 | 0.38 | 625.07 | 2,328.30 | Smallcap | null | Independent Power and Renewable Electricity Producers | null | -3.09 |
| INI | Insolation Energy Ltd | INA | /stocks/insolation-energy-INI | Renewable Energy | 221.00 | 475.00 | 205.50 | 4,869.58 | 38.59 | 20.70 | 44.95 | 0.00 | 68.82 | -39.02 | 2,665.96 | 2,665.96 | Smallcap | Semiconductors & Semiconductor Equipment | Independent Power and Renewable Electricity Producers | Semiconductors | -0.99 |
| INWI | Indowind Energy Ltd | INDOWIND | /stocks/indowind-energy-INWI | Renewable Energy | 16.63 | 28.07 | 14.16 | 214.20 | 170.00 | 20.70 | 0.90 | 0.00 | 3.11 | -32.01 | 32.37 | 476.33 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -1.77 |
| JAPR | Jaiprakash Power Ventures Ltd | JPPOWER | /stocks/jaiprakash-power-ventures-JAPR | Renewable Energy | 18.39 | 27.70 | 12.36 | 12,603.51 | 15.49 | 20.70 | 1.02 | 0.00 | 6.84 | 2.51 | 145.20 | 593.96 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Independent Power Producers & Energy Traders | -2.96 |
| KKVA | KKV Agro Powers Limited | KKVAPOW | /stocks/kkv-agro-powers-KKVA | Renewable Energy | 656.85 | 1,072.70 | 484.50 | 37.24 | 22.16 | 20.70 | 1.64 | 0.76 | 7.64 | -11.57 | -33.89 | 145.09 | Smallcap | null | Independent Power and Renewable Electricity Producers | null | 0.00 |
| KPE | K.P. Energy Ltd | KPEL | /stocks/kp-energy-KPE | Renewable Energy | 423.15 | 675.00 | 336.60 | 2,862.46 | 24.82 | 20.70 | 15.52 | 0.12 | 37.41 | 7.69 | 644.76 | 3,036.38 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.46 |
| KPI | KPI Green Energy Ltd | KPIGREEN | /stocks/k-p-i-global-infrastructure-KPI | Renewable Energy | 481.20 | 612.73 | 313.40 | 9,496.05 | 29.71 | 20.70 | 11.36 | 0.15 | 29.57 | -16.51 | 370.71 | 3,318.15 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.44 |
| KRME | Karma Energy Ltd | KARMAENG | /stocks/karma-energy-KRME | Renewable Energy | 50.98 | 89.00 | 44.91 | 58.98 | 37.57 | 20.70 | 1.53 | 0.00 | 0.31 | -42.04 | 112.42 | 355.18 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | 1.39 |
| MENA | Mena Mani Industries Ltd | MENAMANI | /stocks/mena-mani-industries-MENA | Renewable Energy | 8.63 | 8.90 | 4.71 | 86.60 | 865.99 | 21.29 | -108.25 | 0.00 | 0.00 | 11.35 | 737.86 | 1,101.95 | Smallcap | Technology Hardware & Equipment | Independent Power and Renewable Electricity Producers | Technology Distributors | 0.00 |
| NHPC | NHPC Ltd | NHPC | /stocks/nhpc-NHPC | Renewable Energy | 77.23 | 100.50 | 71.00 | 77,577.80 | 25.80 | 20.70 | 1.72 | 2.47 | 6.75 | -18.72 | 113.93 | 256.72 | Midcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -1.42 |
| NTP | Ntpc Green Energy Ltd | NTPCGREEN | /stocks/ntpc-green-energy-NTP | Renewable Energy | 102.95 | 155.35 | 84.55 | 86,749.06 | 182.45 | 20.70 | 4.68 | 0.00 | 3.84 | -15.37 | -15.37 | -15.37 | Midcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.25 |
| ORIN | Orient Green Power Company Ltd | GREENPOWER | /stocks/orient-green-power-company-ORIN | Renewable Energy | 13.62 | 22.70 | 10.96 | 1,597.67 | 41.17 | 20.70 | 1.49 | 0.00 | 4.19 | -34.36 | 78.57 | 679.61 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.95 |
| PREMI | Premier Energies Ltd | PREMIERENE | /stocks/premier-energies-PREMI | Renewable Energy | 994.10 | 1,388.00 | 774.05 | 44,718.14 | 47.72 | 20.70 | 15.85 | 0.05 | 53.83 | 18.36 | 18.36 | 18.36 | Midcap | Semiconductors & Semiconductor Equipment | Independent Power and Renewable Electricity Producers | Semiconductors | -0.85 |
| SAR | Waaree Renewable Technologies Ltd | WAAREERTL | /stocks/sangam-renewables-SAR | Renewable Energy | 1,023.60 | 2,074.95 | 732.05 | 10,670.68 | 46.56 | 20.70 | 45.99 | 0.10 | 93.45 | -32.29 | 1,031.67 | 32,834.36 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Construction & Engineering | -1.34 |
| SHUB | Shubhshree Biofuels Energy Ltd | SHUBHSHREE | /stocks/shubhshree-biofuels-energy-SHUB | Renewable Energy | 450.00 | 494.95 | 179.55 | 235.89 | 29.12 | 20.70 | 33.18 | 0.00 | 68.39 | 126.76 | 126.76 | 126.76 | Smallcap | null | Independent Power and Renewable Electricity Producers | null | 2.28 |
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data on this list of renewable energy stocks is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.
Readymade Stock Portfolios in the Renewable Energy Sector
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The Electric Mobility Theme smallcase, managed by Windmill Capital, comprises companies that are investing in the electric vehicle ecosystem.
Disclosures for the Energy Tracker and Electric Mobility Theme smallcases.
What are Renewable Energy Stocks?
Renewable energy stocks are shares of companies that generate or support power from clean, sustainable sources such as solar, wind, hydro, and bioenergy. These Indian renewable energy companies may be involved in power generation, the manufacturing of equipment such as solar panels and wind turbines, or providing engineering and infrastructure services for green energy projects.
Latest Updates in the Renewable Energy Sector
- Non-fossil capacity reaches 49%: India’s total installed capacity is 476 GW as of June 2025, with 235.7 GW (49%) from non-fossil sources, including 110.9 GW solar, 51.3 GW wind and 8.8 GW nuclear.
- Assam clears 900 MW pumped storage: The Assam government has given land to Hinduja Renewables for a 900 MW off-stream pumped storage project.
- Green hydrogen hub: India and Germany have launched a $1.3 bn green hydrogen facility at Andhra Pradesh’s Mulapeta Port, which will produce 180,000 tonnes of green hydrogen annually from 2029.
- Policy boost for VPPAs & storage: CERC has proposed allowing Virtual Power Purchase Agreements (VPPAs), so large consumers can fund renewable projects without physical offtake; consultation ends July 14. Meanwhile, the government has extended transmission-charge waivers for energy storage projects till June 2028 and a ₹54 bn scheme for 30 GWh of battery storage.
About the Top Renewable Energy Stocks in India (2025)
- Adani Green Energy Ltd: Adani Green Energy is India’s largest renewable energy company and is focused on expanding its solar and wind portfolio. It will contribute significantly to India’s clean energy targets by developing large-scale sustainable energy projects across the country.
- NTPC Green Energy Ltd: NTPC Green Energy is the renewable energy arm of NTPC Ltd and is focused on increasing India’s green energy capacity through solar, wind and green hydrogen projects. It is a key part of NTPC’s strategy to move towards sustainable energy.
- NHPC Ltd: NNHPC is a government company primarily focused on hydro power generation. With multiple operational and upcoming hydro projects, NHPC supports India’s renewable energy mix by harnessing river power for clean electricity.
- Premier Energies Ltd: Premier Energies manufactures solar photovoltaic (PV) modules and cells and develops solar power generation projects. The company is expanding its presence in the solar energy supply chain and project development space.
- SJVN Ltd: SJVN is a joint venture between the Government of India and the Government of Himachal Pradesh and operates in hydro, solar and wind power. The company is focused on sustainable development and increasing renewable capacity to meet regional power demand.
How to Invest in Renewable Energy Stocks?
Here is how one can invest in renewable energy sector stocks in NSE in India:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the Indian renewable energy investment opportunities that are of interest to you. Investors can use tools like the Tickertape Stock Screener to do this. The screener offers 200+ built-in filters to choose from, and investors can choose the parameters to research the best renewable energy sector stocks based on different criteria.
- Place a ‘Buy’ Order on the top renewable energy stocks that align with your investment thesis.
Benefits of Investing in Renewable Energy Stocks
- Policy Support: Renewable energy firms often operate within a favourable regulatory environment, benefiting from government incentives, tax breaks, and transmission charge waivers.
- Long-Term Demand Visibility: India’s net-zero goals and global decarbonisation efforts provide structural growth drivers for the adoption of clean energy across various sectors.
- Technological Advancements: Falling costs of solar panels, wind turbines, and battery storage have improved project viability and margins for renewable power companies listed in India in the sector.
- Alignment with ESG Goals: Renewable stocks are often included in ESG-focused portfolios due to their lower environmental footprint and compliance with sustainability standards.
Risks of Investing in Renewable Energy Stocks
- Policy Dependence: The sector is highly influenced by government policies, subsidies, and regulatory decisions. Any rollback or delay in policy support can impact project economics and the company’s valuation.
- Capital-Intensive Operations: Renewable energy projects often require significant upfront investment. The Indian renewable energy companies may face financial stress if project timelines are delayed or funding costs rise.
- Grid and Infrastructure Challenges: Limited transmission capacity, grid integration issues, and delays in land acquisition can affect the timely execution of renewable projects.
- Weather Dependency: Renewable energy generation is sensitive to climatic conditions. Lower-than-expected sunlight or wind can reduce energy output and affect revenues.
- Limited Track Record: Some sustainable energy stocks India in the sector may have short operating histories, making it more challenging to assess their long-term financial stability.
Factors to Consider When Investing in Renewable Energy Stocks
- Business Segments: Indian renewable energy companies may operate across various segments, including power generation, equipment manufacturing, and infrastructure services. Their financial performance often varies depending on their area of focus.
- Project Pipeline and Execution: The scale and status of ongoing or upcoming projects can offer insights into a company’s operational visibility and future growth potential.
- Policy and Regulatory Exposure: As the sector is closely tied to government initiatives and incentive schemes, changes in policy frameworks can impact revenue models and investor sentiment of even the best green energy stocks in India.
- Geographic and Climatic Factors: Location and weather patterns can impact the reliability and output of solar and wind energy assets.
- Sustainability Alignment: As ESG themes gain relevance, a company’s environmental and governance practices may also shape its market perception and institutional interest.
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To Wrap It Up…
Nearly half of India’s power capacity now comes from non-fossil sources, with over 175 GW of renewable projects currently underway. Recent orders, policy updates, and storage initiatives point to growing activity in the sector. Sustainable energy stocks in India reflect this momentum, but they also face risks associated with regulation, financing, and execution. Investors often track the best green energy stocks in India to identify companies leading this transition.
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Frequently Asked Questions About Renewable Energy Stocks
1. How do government policies impact renewable energy companies?
Policy support plays a significant role in the sector. Incentives such as subsidies, tax benefits, and transmission waivers can influence project viability and earnings. Regulation changes may also affect investor sentiment, making renewable energy equity investments more attractive.
2. What is a Power Purchase Agreement (PPA), and why is it relevant?
A Power Purchase Agreement is a long-term contract where a buyer agrees to purchase electricity from a producer at a fixed price. For renewable energy firms, PPAs can provide revenue stability and reduce cash flow uncertainty, especially for wind energy companies in India.
3. Are there any railway penny stocks in India?
While the terms renewable energy sector stocks and green energy stocks in India are often used interchangeably, “renewable energy” typically refers to sources like solar, wind, and hydro. Clean energy companies in India may also include newer technologies, such as green hydrogen or low-emission innovations.
4. What role does battery storage play in the renewable energy space in India?
Battery storage helps manage the intermittent nature of solar and wind power by storing excess energy for use during periods when these sources are not generating power. The government has recently extended transmission charge waivers for storage projects until June 2028 and announced a ₹54,000 cr. scheme to develop 30 GW of battery storage capacity. This can benefit high-growth renewable stocks.
5. What types of companies are included in the renewable energy sector?
The sector includes utility-scale power producers, solar and wind equipment manufacturers, EPC (engineering, procurement, and construction) firms, and battery storage providers. Investors often track clean energy stocks in India to monitor sector developments.
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