Following is the list of Top Power Generation/Distribution companies in India in 2025 sorted by market cap. There are a total of 44 number of listed companies with a total of market capitalization of 1826792 crores. The market capitalization data is updated as on 07 Nov 2025
| # | Company | CMP | M Cap | 52W High | 52W Low | PE | PB | ROCE Last Yr | ROE Last Yr | PAT TTM | Div Yield |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | NTPC Ltd. | 326.1 | 316208 | 403.9 | 292.7 | 13.2 | 1.7 | 11 | 13.9 | 16617 | 2.3 |
| 2 | Adani Power Ltd. | 151.5 | 292125 | 182.8 | 86.2 | 22.9 | 5.2 | 22.9 | 25.6 | 11751 | 0 |
| 3 | Power Grid Corporation Of India Ltd. | 272 | 252976 | 345.2 | 247.5 | 16.3 | 2.7 | 12.9 | 17.3 | 14516 | 3.1 |
| 4 | Adani Green Energy Ltd. | 1059.8 | 174568 | 1642.7 | 758 | 87.2 | 20 | 9.7 | 26.2 | 1928 | 0 |
| 5 | Tata Power Company Ltd. | 393.2 | 125641 | 448 | 326.2 | 26.3 | 3.5 | 12.5 | 14 | 4215 | 0.6 |
| 6 | Adani Energy Solutions Ltd. | 960.6 | 115395 | 1010.4 | 588.2 | 125.2 | 5.2 | 7.7 | 5.3 | 2411 | 0 |
| 7 | JSW Energy Ltd. | 519.2 | 90735 | 776.4 | 419.1 | 45.8 | 3.3 | 6.9 | 8.3 | 2217 | 0.4 |
| 8 | NTPC Green Energy Ltd. | 99 | 83387 | 155.3 | 84.6 | 175.9 | 4.5 | 5.1 | 3.8 | 572 | 0 |
| 9 | NHPC Ltd. | 81.5 | 81847 | 92.3 | 71 | 24 | 2.1 | 7.9 | 8.7 | 3144 | 2.3 |
| 10 | Torrent Power Ltd. | 1281.2 | 64560 | 1763.4 | 1188 | 21.1 | 3.7 | 17.2 | 20.6 | 2804 | 1.3 |
| 11 | NLC India Ltd. | 258.2 | 35810 | 292.4 | 185.8 | 13.2 | 1.9 | 11.6 | 15.4 | 2728 | 1.2 |
| 12 | SJVN Ltd. | 84.8 | 33344 | 124.4 | 80.5 | 40.8 | 2.4 | 4.9 | 5.8 | 711 | 1.6 |
| 13 | CESC Ltd. | 174.8 | 23164 | 203.8 | 119 | 16.2 | 1.9 | 11.7 | 12.2 | 1516 | 2.9 |
| 14 | Nava Ltd. | 573.1 | 16219 | 735.3 | 356.6 | 11.3 | 2.1 | 20.7 | 19.8 | 1237 | 1.5 |
| 15 | Reliance Power Ltd. | 39.2 | 16208 | 76.5 | 31.3 | 5.5 | 1.1 | 16.8 | 22.5 | 3090 | 0 |
| 16 | Acme Solar Holdings Ltd. | 265.1 | 16064 | 324.2 | 167.6 | 64 | 3.6 | 8.5 | 7.1 | 480 | 0.1 |
| 17 | Inox Wind Energy Ltd. | 10301.4 | 12411 | 12340 | 7625.2 | -139.3 | 6.7 | 5.4 | -6.2 | 438 | 0 |
| 18 | Indian Energy Exchange Ltd. | 139 | 12391 | 215.4 | 130.4 | 28.9 | 11.1 | 53.8 | 41.4 | 449 | 1.7 |
| 19 | Waaree Renewable Technologies Ltd. | 1180.6 | 12307 | 1728 | 732 | 53.8 | 27.1 | 81.9 | 65.5 | 350 | 0.1 |
| 20 | Jaiprakash Power Ventures Ltd. | 17.6 | 12069 | 27.6 | 12.4 | 14.8 | 1.4 | 10.3 | 10.1 | 743 | 0 |
| 21 | GMR Power and Urban Infra Ltd. | 119.1 | 8511 | 141 | 89.4 | 4.9 | 14.5 | 30.8 | 0 | 429 | 0 |
| 22 | Reliance Infrastructure Ltd. | 174.8 | 7145 | 425 | 174.8 | 0.8 | -0.4 | 0 | 0 | 8853 | 0 |
| 23 | RattanIndia Power Ltd. | 10.4 | 5574 | 16.9 | 8.4 | 25.1 | 1.2 | 8.7 | 5 | 86 | 0 |
| 24 | PTC India Ltd. | 165.5 | 4900 | 206.9 | 127.8 | 5.7 | 0.8 | 16.2 | 15.6 | 943 | 7.2 |
| 25 | Ravindra Energy Ltd. | 161.3 | 2880 | 191.6 | 93.1 | 123.6 | 8.5 | 9.1 | 9.6 | 71 | 0 |
| 26 | Gujarat Industries Power Company Ltd. | 175.2 | 2719 | 268.2 | 148.2 | 12.9 | 0.8 | 6.7 | 6.2 | 201 | 2.3 |
| 27 | BF Utilities Ltd. | 684.4 | 2578 | 1070 | 571.8 | 8.5 | 46.6 | 39 | 0 | 265 | 0 |
| 28 | Orient Green Power Company Ltd. | 13.9 | 1626 | 19.4 | 10.8 | 46.5 | 1.5 | 6.9 | 3.8 | 72 | 0 |
| 29 | India Power Corporation Ltd. | 11.4 | 1112 | 19 | 10.5 | 263.2 | 1.4 | 2.9 | 0.5 | 8 | 0.4 |
| 30 | Urja Global Ltd. | 12.5 | 698 | 19.7 | 10.7 | 504.9 | 3.8 | 1.5 | 0.8 | 3 | 0 |
| 31 | GVK Power & Infrastructure Ltd. | 3.2 | 513 | 5.4 | 3.1 | 0.9 | -0.8 | 34.9 | 0 | -785 | 0 |
| 32 | Surana Telecom And Power Ltd. | 21.3 | 289 | 29.3 | 15.5 | 12.3 | 1.9 | 19.8 | 16.3 | 24 | 0 |
| 33 | Indowind Energy Ltd. | 15.2 | 196 | 28 | 14.3 | 154.5 | 0.7 | 2 | 0.5 | 2 | 0 |
| 34 | Globus Power Generation Ltd. | 15.7 | 155 | 23 | 12.3 | 43.9 | 19.1 | 52.7 | 52.7 | 4 | 0 |
| 35 | Energy Development Company Ltd. | 19.1 | 91 | 37.8 | 16.5 | -41.9 | 0.9 | 3 | -2.1 | -95 | 0 |
| 36 | WAA Solar Ltd. | 62 | 82 | 138.7 | 60 | 21.1 | 0.4 | 3.2 | 2.1 | 0 | 0 |
| 37 | Karma Energy Ltd. | 53.6 | 62 | 88 | 44.9 | 39.8 | 1.6 | 4.3 | 4 | 1 | 0 |
| 38 | Sungarner Energies Ltd. | 242.8 | 56 | 644.6 | 211 | 34 | 5 | 18 | 15.9 | 0 | 0 |
| 39 | Sri KPR Industries Ltd. | 23.2 | 47 | 41.9 | 20.3 | 10.2 | 0.5 | 6.3 | 5.1 | 3 | 0 |
| 40 | Gita Renewable Energy Ltd. | 99.9 | 41 | 170 | 96.6 | -104.6 | 3.1 | -2.9 | -2.9 | -0 | 0 |
| 41 | KKV Agro Powers Ltd. | 537.8 | 34 | 975.2 | 440.5 | 19.9 | 1.5 | 10.8 | 8 | 0 | 1 |
| 42 | Veer Energy & Infrastructure Ltd. | 15.9 | 24 | 26 | 14.9 | 129.3 | 0.4 | 0.4 | 0.3 | 0 | 0 |
| 43 | Amalgamated Electricity Company Ltd. | 75.5 | 21 | 110.5 | 46.6 | -260.3 | -86.4 | 0 | 0 | -0 | 0 |
| 44 | Suryachakra Power Corporation Ltd. | 0.6 | 9 | 0 | 0 | -0.3 | 0.1 | -15.7 | -23.8 | -57 | 0 |
