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List of Green Hydrogen Stocks in India (2025)

India's green energy sector is booming, with non-fossil fuel capacity projected to exceed 235 GW by mid-2025. Driven by solar and wind power, India aims to reach 500 GW by 2030, ranking 4th globally in renewable energy capacity, with states such as Rajasthan and Gujarat leading the way.

Top Green Hydrogen Stocks in 2025

Green Hydrogen Stock Screener

Green Hydrogen Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 12 of 12 results

last updated at 6:30 PM IST 
NameStocks (12)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Reliance Industries LtdRELIANCEOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing20,89,955.0720,89,955.071,544.401,544.4030.0130.010.140.141.551.557.917.9124.0224.022.072.077.207.208.718.710.360.360.370.371.541.54
2.Larsen and Toubro LtdLTConstruction & EngineeringConstruction & Engineering5,58,815.975,58,815.974,062.404,062.4037.1637.16-0.03-0.031.451.4512.1512.156.706.704.844.8413.8013.8018.9118.910.840.841.151.151.731.73
3.NTPC LtdNTPCPower GenerationPower Generation3,11,505.403,11,505.40321.25321.2513.3013.300.080.08-2.34-2.34-4.16-4.16-7.96-7.961.631.6313.1513.1510.7710.772.602.601.311.311.661.66
4.Adani Power LtdADANIPOWERPower GenerationPower Generation2,75,771.132,75,771.13143.00143.0021.3121.31-1.60-1.60-7.29-7.2928.0928.0936.2936.294.774.7725.5925.5920.4220.42--0.680.683.613.61
5.Power Grid Corporation of India LtdPOWERGRIDPower Transmission & DistributionPower Transmission & Distribution2,42,838.772,42,838.77261.10261.1015.6515.650.290.29-4.04-4.04-9.51-9.51-20.83-20.832.622.6217.2617.2612.4012.403.453.451.411.411.751.75
6.Indian Oil Corporation LtdIOCOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing2,37,462.742,37,462.74168.16168.1617.4617.460.250.25-2.13-2.1318.6918.6919.8419.841.241.247.177.179.559.551.781.780.800.801.941.94
7.Adani Green Energy LtdADANIGREENRenewable EnergyRenewable Energy1,68,127.271,68,127.271,020.701,020.70116.43116.43-0.73-0.73-4.51-4.514.424.42-10.72-10.727.457.457.227.228.218.21--3.553.553.243.24
8.Bharat Petroleum Corporation LtdBPCLOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing1,59,808.851,59,808.85368.35368.3511.9811.980.050.05-1.73-1.7317.7617.7625.7225.721.961.9616.9916.9917.0517.052.672.670.750.752.032.03
9.Gail (India) LtdGAILGas DistributionGas Distribution1,11,164.871,11,164.87169.07169.078.938.930.450.45-7.92-7.92-11.24-11.24-15.28-15.281.301.3015.3315.3315.1415.144.444.440.250.252.162.16
10.Oil India LtdOILOil & Gas - Exploration & ProductionOil & Gas - Exploration & Production64,763.3964,763.39398.15398.159.899.89-0.88-0.88-8.44-8.44-16.74-16.74-10.49-10.491.181.1812.2112.2111.7711.772.892.890.560.562.552.55
11.Adani Total Gas LtdATGLGas DistributionGas Distribution64,300.4064,300.40584.65584.6598.2698.26-0.38-0.38-6.75-6.75-9.62-9.62-18.19-18.1915.2815.2816.8116.8115.9215.920.040.040.440.443.213.21
12.CESC LtdCESCPower GenerationPower Generation21,980.6121,980.61165.82165.8216.0616.06-2.36-2.36-5.94-5.941.731.73-11.54-11.541.741.7411.1411.1410.0410.042.712.711.431.432.502.50

Overview of Best Green Energy Stocks in India

Adani Green Energy Ltd

Adani Green Energy Ltd is India’s largest pure-play renewable energy company, operating utility-scale solar and wind projects. With an ambitious target of 45 GW by 2030, it’s central to India’s clean energy transition and has one of the world’s largest renewable pipelines under development.

Tata Power Company Ltd

Tata Power is a diversified energy giant with a strong push into renewables. It operates solar and wind farms, rooftop solar projects, and EV charging infrastructure. Its focus on clean energy and smart grid solutions positions it as a leader in India’s sustainable power revolution.

JSW Energy Ltd

JSW Energy is expanding rapidly into green energy, including solar, wind, and hydro. With a growing renewable portfolio and focus on energy storage, green hydrogen, and decarbonisation technologies, it aims to become a 20 GW green energy company by 2030.

NHPC Ltd

NHPC is India’s largest hydropower company, operating several large-scale hydroelectric plants. It’s also diversifying into solar and wind power. As a public sector enterprise, NHPC plays a key role in India’s clean energy mix, ensuring grid stability through flexible hydropower generation.

Indian Renewable Energy Development Agency Ltd

IREDA is a government-owned financial institution that funds renewable energy and energy efficiency projects. It acts as a green energy catalyst, offering loans and financial services to clean energy developers across solar, wind, hydro, and biomass sectors, supporting India’s net-zero vision.

What are Green Energy Stocks?

Green energy stocks are companies developing technologies that use renewable resources to generate energy with little to no pollution. The most common sources of green energy include sunlight, wind, and heat. These can also include low-impact hydroelectric power and certain types of biomass. Companies that produce energy with no carbon emissions and aim to reduce reliance on fossil fuels are classified as green energy companies in India.

How to Invest in Green Energy Stocks?

Investing in best green energy stocks in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in green energy stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Green Energy Stocks: Go to Tickertape Stock Screener and search for the ‘Renewable Energy’ sector.
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Types of Green Energy Stocks in India

Solar Energy Stocks

Solar energy stocks in India include companies that specialise in solar power generation. These companies manufacture solar panels and offer installation services for residential, commercial, and utility-scale solar projects.

Wind Energy Stocks

Wind energy stocks in India are tied to companies involved in producing or installing wind turbines. These stocks have gained attention as renewable energy sources become increasingly important in the Nifty Energy Stocks Index.

Hydro Energy Stocks

Hydroelectric energy stocks belong to companies that manage hydroelectric power stations, using natural water flow to generate electricity. These stocks contribute to India's renewable energy share.

Geothermal Energy Stocks

Geothermal energy stocks include companies that develop geothermal power plants. These companies use Earth’s natural heat to generate electricity, diversifying India’s green energy sector.

Bioenergy Stocks

Bioenergy stocks in India include companies that produce and supply biofuels such as ethanol and biodiesel, and operate biomass power plants using organic materials. These companies are part of India’s growing renewable energy sector.

Advantages of Investing in Green Hydrogen Stocks

Sustainable Growth

Green energy sources will continue to generate power, driving demand for clean energy companies in India. As global demand rises, sustainable energy stocks in India are expected to grow.

Lower Carbon Emissions

Clean energy reduces carbon emissions, benefiting the planet. Governments worldwide are supporting the faster adoption of green energy, which will help the green energy sector.

Environmental and Societal Benefits

Clean energy companies focus on solutions that benefit both the environment and society. Investing in solar or wind energy stocks in India gives exposure to the growing green energy sector and supports a sustainable energy future.

Reducing Carbon Footprints

As India aims to reduce projected carbon emissions by one bn tonnes by 2030, adopting green energy is a pivotal step. Investing in wind energy stocks and renewable energy companies in India can directly contribute to these ambitious goals and help minimise carbon emissions.

Incentivised by the Government

With governments worldwide, including India’s, rolling out incentives and subsidies, energy stocks may become an attractive investment opportunity.

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Risks of Investing in Green Hydrogen Energy Stocks

Reliance on Thermal Energy

India heavily relies on thermal energy, particularly coal-based power, which accounted for 75% of energy generation in FY 2022-23. This makes the shift to green energy more challenging due to the affordability of fossil fuels.

Intermittent Energy Supply

Renewable energy production, particularly from solar and wind, is dependent on natural elements, leading to intermittent power generation. This irregularity complicates reliable power distribution and affects even the best energy stocks in the green energy sector.

Fluctuating Energy Demand

Meeting peak energy demand, especially during evening hours, is challenging given fluctuating demand patterns in India. These inconsistencies can influence the performance of top solar energy stocks in India.

Energy Storage Costs

Despite potential storage solutions such as batteries, current cost inefficiencies hinder widespread adoption. Technological advancements are needed to reduce costs and make energy storage more sustainable.

Factors to Consider Before Investing in Green Hydrogen Stocks

Government Policies

With government policies subject to change (either increasing or decreasing investment in sectors), analyse the current government policies on green energy companies.

Innovation

Identify companies seeking to scale production by integrating next-generation tools and technologies to generate green energy.

Competition

Identify companies with a competitive edge in the green energy sector and carefully analyse them before investing. Evaluate their market position to determine how they stack up against other energy companies in India.

To Wrap It Up

As the world shifts toward sustainable solutions, green energy is capturing everyone’s attention. As always, shifts in consumer demand create new opportunities, existing companies adapt, and new companies emerge; the same can be expected in the energy sector. Investors must conduct their own research and consult a financial expert before making any investment. You can also research the Tickertape Stocks Screener. With over 200 filters, custom filters, pre-built screens, custom universes, a linking watchlist, export data, and more features, Tickertape Stock Screener can be your go-to destination for stock analysis and research!

Frequently Asked Questions on Green Hydrogen Stocks

  1. What are Green Energy Stocks?

    Green Energy Stocks represent shares of companies involved in green energy sectors such as solar, wind, hydro, and bioenergy. These companies focus on producing clean energy, manufacturing renewable energy equipment, or providing related services. Investing in green energy stocks supports the global shift toward sustainable, environmentally friendly energy solutions.

  2. How to invest in Green Energy Stocks?

    Here’s how you can invest in Green Energy Stocks -

    Here’s how you can invest in Green Energy Stocks -

    1. Go to the Tickertape Stock Screener
    2. Click on 'Green Energy Stocks'.
    3. Analyse and sort the Green Energy Stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered green energy stocks list with price, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Green Energy Stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. Which green energy stocks are best?

    Top NSE-listed green energy stocks in India based on market cap include:
    1. Adani Green Energy Ltd
    2. Tata Power Company Ltd
    3. JSW Energy Ltd
    4. NHPC Ltd
    5. Indian Renewable Energy Development Agency Ltd

    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.

  4. What are the factors affecting green energy stocks price?

    Green Energy stocks prices in India are influenced by several factors:
    1. Government Policies: Incentives, subsidies, and regulatory frameworks can boost or hinder growth.
    2. Technological Advancements: Innovations in renewable energy technologies can enhance efficiency and reduce costs.
    3. Global Energy Prices: Fluctuations in fossil fuel prices can impact the competitiveness of renewable energy.
    4. Environmental Concerns: Increasing awareness and demand for clean energy influence investment trends.
    5. Company Performance: Financial health, project execution, and capacity additions affect investor confidence.

  5. What is the future projection of Green energy stocks?

    India's renewable energy sector is poised for significant growth. In FY2024-25, renewable energy accounted for 86% of new power capacity additions, with a record 30 GW added. The government aims to achieve 500 GW of non-fossil fuel capacity by 2030. Companies like Suzlon and JSW Energy are expected to perform strongly in FY2026, driven by capacity expansions and favorable policies.

    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  6. How to choose Green energy stocks for investing?

    Green energy stocks typically include companies active in solar, wind, and hybrid projects. Analysts may assess project pipelines, execution track records, and long-term Power Purchase Agreements (PPAs). Government targets under India’s net-zero roadmap also influence the broader sentiment and opportunities in this space.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. Do Green energy stocks offer regular dividends?

    Dividend policies vary among Green Energy companies. For instance, JSW Energy declared a final dividend of ₹2 per share in June 2025. KPI Green Energy Ltd. has declared dividends totaling ₹1 in the current fiscal year. Investors should review individual company announcements and historical dividend records for specifics.

    Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

  8. Is Green energy stocks a good investment for the long term?

    India’s decarbonization goals and international climate commitments support green energy. Long-term prospects depend on policy stability, cost-competitiveness, and project execution. Volatility from input costs and funding remains a factor.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  9. Which green energy penny stocks are available in India?

    The following is the list of green energy penny stocks ranging from ₹10-₹20:
    1. Orient Green Power Company Ltd
    2. Indowind Energy Ltd
    3. Energy Development Company Ltd


      1. Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Companies that are associated with the green hydrogen sector in India, based on publicly available information.