Which power stock is best?

Here are the top power stocks India based on their 5Y CAGR: Adani Power Ltd Reliance Power Ltd Skipper Ltd Reliance Infrastructure Ltd JSW Energy Ltd Disclaimer: Please note that the above power sector share list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

What factors are contributing to the growth of the power sector in India?

Factors include increased industrial activity, growing population, higher electrification rates, supportive government policies, and a shift towards renewable energy sources.

Which power companies are expanding into renewable energy?

Companies like Tata Power and Adani Green Energy are investing heavily in renewable energy projects, including solar and wind power, to diversify their energy portfolios—a key factor in power sector investment.

What are the risks associated with investing in power stocks?

Risks include regulatory uncertainty, input cost variability (such as coal and gas prices), delays in project implementation, and rising competition within power shares, especially from emerging green technologies.

How can investors assess the performance of power sector stocks?

Investors can evaluate financial metrics such as market capitalisation, PE ratio, dividend yield, and track recent stock performance trends. Disclaimer: Please note that the above information is for educational purposes only, and is not recommendatory.

How to invest in power stocks in India?

Here’s how you can invest in Power Stocks - Go to the Tickertape Stock Screener Click on 'Power Stocks'. Analyse and sort the power sector share list using over 200+ filters, including valuation ratios, financials, technical indicators, and more, based on your investment thesis. Review the filtered power stocks list with power share prices, and identify stocks that best align with your risk appetite, return expectations, and investment goals. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Power Stocks. Disclaimer: Please do your own research or consult your financial advisor before investing.

List of the Best Power Stocks in India (2025)

The government’s initiative to increase the electricity generation capacity has seen many power companies in India receiving a considerable investment boost to fulfil the country’s growing power needs. As a result, a sharp upside in the stocks of these power companies in India has been recorded, demonstrating substantial buying of the stocks in the last few weeks.

Best Power Sector Stocks in India (2025)

Power Stocks

List of Power Stocks listed in NSE.

Created by

@tickertape tickertape

Showing 1 - 20 of 33 results

last updated at 6:30 PM IST

	NameStocks (33)↓	↓Sub-SectorSub-Sector↓	↓Market CapMarket Cap↓	↓Close PriceClose Price↓	↓PE RatioPE Ratio↓	↓1M Return1M Return↓	↓6M Return6M Return↓	↓1Y Return1Y Return↓	↓PB RatioPB Ratio↓	↓Return on EquityReturn on Equity↓	↓ROCEROCE↓
1.	NTPC Ltd NTPC	Power GenerationPower Generation	3,13,153.833,13,153.83	322.95322.95	13.3713.37	-3.54-3.54	-1.91-1.91	-13.36-13.36	1.641.64	13.1513.15	10.7710.77
2.	Adani Power Ltd ADANIPOWER	Power GenerationPower Generation	2,75,250.452,75,250.45	142.73142.73	21.2721.27	-6.65-6.65	30.9130.91	32.7632.76	4.764.76	25.5925.59	20.4220.42
3.	Power Grid Corporation of India Ltd POWERGRID	Power Transmission & DistributionPower Transmission & Distribution	2,50,279.252,50,279.25	269.10269.10	16.1216.12	-4.65-4.65	-6.74-6.74	-17.21-17.21	2.702.70	17.2617.26	12.4012.40
4.	Tata Power Company Ltd TATAPOWER	Power Transmission & DistributionPower Transmission & Distribution	1,22,844.831,22,844.83	384.45384.45	30.9430.94	-5.49-5.49	-2.34-2.34	-9.68-9.68	2.882.88	9.819.81	9.959.95
5.	Adani Energy Solutions Ltd ADANIENSOL	Power InfrastructurePower Infrastructure	1,16,728.631,16,728.63	971.70971.70	110.12110.12	-2.68-2.68	12.2112.21	19.4519.45	5.075.07	5.775.77	6.776.77
6.	Siemens Energy India Ltd ENRIN	Power GenerationPower Generation	1,10,422.281,10,422.28	3,100.703,100.70	270.11270.11	-3.41-3.41	13.3713.37	13.3713.37	--	11.6811.68	13.0213.02
7.	JSW Energy Ltd JSWENERGY	Power GenerationPower Generation	80,312.9380,312.93	459.85459.85	41.1741.17	-12.08-12.08	-9.67-9.67	-29.08-29.08	2.762.76	7.797.79	5.775.77
8.	Torrent Power Ltd TORNTPOWER	Power Transmission & DistributionPower Transmission & Distribution	65,492.3465,492.34	1,299.701,299.70	21.9121.91	-2.65-2.65	-8.41-8.41	-22.07-22.07	3.603.60	19.4019.40	14.8914.89
9.	CESC Ltd CESC	Power GenerationPower Generation	23,312.8123,312.81	175.87175.87	17.0317.03	-3.01-3.01	4.154.15	-5.76-5.76	1.851.85	11.1411.14	10.0410.04
10.	Kalpataru Projects International Ltd KPIL	Power InfrastructurePower Infrastructure	19,966.7319,966.73	1,169.201,169.20	34.0934.09	-7.53-7.53	-0.06-0.06	0.250.25	3.093.09	10.1110.11	18.5018.50
11.	Reliance Power Ltd RPOWER	Power GenerationPower Generation	15,790.3715,790.37	38.1838.18	5.365.36	-10.88-10.88	-37.34-37.34	-7.08-7.08	0.970.97	21.0921.09	16.1316.13
12.	IndiGrid Infrastructure Trust INDIGRID	Power Transmission & DistributionPower Transmission & Distribution	14,068.9814,068.98	168.58168.58	35.3135.31	-2.75-2.75	12.3012.30	16.5416.54	2.662.66	7.467.46	8.418.41
13.	Indian Energy Exchange Ltd IEX	Power Trading & ConsultancyPower Trading & Consultancy	13,155.4213,155.42	147.93147.93	30.6530.65	4.854.85	-26.77-26.77	-16.97-16.97	11.5811.58	40.7140.71	47.6747.67
14.	Powergrid Infrastructure Investment Trust PGINVIT	Power Transmission & DistributionPower Transmission & Distribution	8,572.198,572.19	94.2094.20	7.297.29	-3.77-3.77	14.6314.63	7.607.60	1.111.11	14.7914.79	13.8613.86
15.	Transrail Lighting Ltd TRANSRAILL	Power InfrastructurePower Infrastructure	8,080.208,080.20	601.85601.85	24.7424.74	-14.06-14.06	-10.04-10.04	8.738.73	4.304.30	21.6321.63	38.3938.39
16.	GMR Power and Urban Infra Ltd GMRP&UI	Power GenerationPower Generation	7,960.427,960.42	111.36111.36	5.625.62	-4.58-4.58	0.370.37	-2.19-2.19	10.9410.94	--	29.5829.58
17.	Reliance Infrastructure Ltd RELINFRA	Power InfrastructurePower Infrastructure	6,485.186,485.18	158.88158.88	1.311.31	-17.61-17.61	-58.26-58.26	-46.22-46.22	0.270.27	26.2126.21	28.8228.82
18.	Rattanindia Enterprises Ltd RTNINDIA	Power Trading & ConsultancyPower Trading & Consultancy	5,792.825,792.82	41.9541.95	68.6168.61	-17.62-17.62	-12.18-12.18	-41.85-41.85	6.276.27	9.549.54	8.478.47
19.	Quality Power Electrical Equipments Ltd QPOWER	Power Trading & ConsultancyPower Trading & Consultancy	5,623.995,623.99	726.20726.20	84.9884.98	-26.44-26.44	55.0155.01	87.2187.21	9.479.47	16.8816.88	18.4318.43
20.	RattanIndia Power Ltd RTNPOWER	Power GenerationPower Generation	5,257.335,257.33	9.799.79	23.6923.69	-10.73-10.73	-11.88-11.88	-31.06-31.06	1.061.06	4.574.57	8.068.06

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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: Sub-sector: Power Transmission, Trading, Generation & Infrastructure, Market Cap: >500 | Market Cap: Sorted from Highest to Lowest

Budget Updates Affecting the Power Sector in India

The Union Budget 2024-25 allocated substantial focus to India's power sector, with state-owned power companies seeing a planned investment increase of around 14% to ₹67,286 cr. The budget outlined plans for pumped storage projects to help integrate renewable energy into the grid more smoothly.
The Pradhan Mantri Suryodaya Yojana targets installing rooftop solar panels for one crore households, offering up to 300 units of free electricity monthly, with estimated annual savings of ₹15,000-18,000 per household. Budget allocations for grid-based solar power more than doubled to ₹10,000 cr compared to the previous year's revised estimates.
Viability gap funding was proposed for offshore wind energy projects, while plans emerged for nuclear energy partnerships with the private sector for Bharat Small Reactors and related research. An 800 MW commercial plant using Advanced Ultra Super Critical thermal power technology will be established through a joint venture between NTPC and BHEL, with government fiscal support.

How to Invest in Power Stocks?

Investing in power stocks 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 power stocks:

Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
Search for Power Stocks: Go to Tickertape Stock Screener and search for power stocks with power share prices.
Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top power stocks in India.
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.
Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
Invest Through Your Broker: Once you’ve identified power stocks that align with your investment thesis, 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!

Overview of the Best Power Stocks

NTPC Ltd

NTPC Ltd is India’s largest power generation company, specialising in producing electricity through thermal, hydro, and renewable energy projects. With a significant contribution to India’s energy requirements, NTPC is a major player among power generation stocks, driving the nation’s transition towards a greener energy mix.

Power Grid Corporation of India Ltd

Power Grid Corporation of India Ltd is India’s central transmission utility, responsible for operating and maintaining the country’s extensive power transmission network. As one of the top power stocks in the transmission segment, the company specialises in facilitating bulk electricity transfers and ensuring grid stability.

Adani Power Ltd

Adani Power Ltd, a subsidiary of the Adani Group, is a leading private-sector power generation company in India. Among the thermal power shares, it focuses on thermal power production with plants across the country and is expanding into renewable energy, aligning with India’s growing green energy ambitions.

Tata Power Company Ltd

Tata Power Company Ltd, a part of the Tata Group, is one of India’s oldest and largest integrated power companies. Among the best utility stocks operating across the electricity value chain, it specialises in generation, transmission, distribution, and renewable energy, with a strong focus on sustainability and innovation.

JSW Energy Ltd

JSW Energy Ltd is a prominent player in India’s power sector, engaged in thermal and renewable energy generation. The company focuses on building a sustainable energy portfolio, leveraging advanced technologies to meet the nation’s growing electricity demands efficiently and responsibly.

What are Power Stocks?

Power stocks in India are shares of companies that generate, transmit, and distribute electricity. These companies work in all segments, thermal, hydro, nuclear, and renewables like solar and wind. Both public and private organisations participate in this sector.

Market Size of Power Sector in India

As of August 2025, India’s power sector has an installed generation capacity of about 476 GW, and nearly 49% of this comes from clean, non-fossil fuel sources, including solar, wind, hydro, and nuclear energy. The sector expects strong growth, installed capacity is projected to reach 536 GW by the end of 2025 and 817 GW by 2030, resulting in a compound annual growth rate (CAGR) of 8.8%.

Investors are set to pump ₹25–26 tn into the sector between FY 2025 and FY 2030. The Indian power market’s value is estimated around $844 bn in 2025, with the power generation segment growing from $53.3 bn in 2025 to $77.1 bn by 2033. India expects rapid expansion in this sector, fueled by demand growth, a big shift toward clean energy, and heavy investment in infrastructure, making the power industry high-growth and ready for the future.

Advantages of Investing in Power Stocks in India

Stable Demand

Electricity is an essential utility which ensures a consistent demand across economic cycles. This structural demand offers stability for power shares.

Growth Potential

India's increasing energy consumption and government initiatives in renewable energy present significant growth opportunities for power companies. These dynamics support long-term opportunities across power sector stocks, including high-dividend power stocks India.

Government Support

The Indian government actively promotes the power sector through favourable policies and investments, enhancing the sector's stability and growth prospects.

Renewable Energy Focus

The shift towards renewable energy sources positions power companies to capitalise on sustainable energy trends, offering long-term investment potential.

Risks of Investing in Power Stocks in India

Regulatory and Policy Risks

The government controls most aspects of India's power sector—from tariffs to fuel pricing to how companies operate. When regulations change suddenly, when policies take years to implement, or when authorities slash tariff rates, power companies see their profits drop fast.

Payment Delays

India's power distribution companies (DISCOMs) struggle with money. They've built up massive unpaid bills to power generators, sometimes taking months or years to clear dues. Power producers feel this squeeze immediately—they can't pay their loans on time or fund new projects when cash doesn't come in.

Fuel Supply

Coal runs most of India's power plants, and getting it creates constant headaches. Mines shut down, imported coal prices jump without warning, and gas pricing formulas keep changing. Any of these problems can slash a company's profit margins overnight.

High Debt

Building power plants costs billions. Most power companies borrowed heavily to construct their facilities, and now those loans weigh them down. When interest rates rise or banks tighten lending, these companies struggle. High debt means one bad quarter can trigger serious financial trouble.

Demand Fluctuations

Power consumption in India swings wildly. Monsoons change how much electricity people need. Economic slowdowns cut industrial demand. Some regions built too many plants and now can't run them at full capacity. When plants sit idle, companies lose money on assets they've already paid for.

Environmental Risks

India wants net-zero emissions and more renewable energy. This shift threatens coal power plants. New environmental rules keep getting stricter, carbon taxes loom ahead, and emission penalties add up. Coal plant operators now face higher compliance costs and the real possibility that their plants become worthless before their expected lifespan ends.

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Factors to Consider Before Investing in Power Stocks

Energy Mix and Transition

Assess the company's current energy portfolio and its strategic shift towards renewable sources, as this can influence long-term sustainability and profitability. The shift from thermal to renewable resources is particularly relevant for investors tracking power stock trends.

Regulatory Environment

Understand government policies, incentives, and regulations affecting the power sector, especially those promoting renewable energy, as they significantly influence power stock performance and sector dynamics.

Financial Health

While evaluating top power shares, examine financial metrics such as revenue trends, profit margins, and debt-to-equity ratios to gauge the company's financial stability and capacity to manage capital-intensive projects.

Technological Advancements

Innovation in grid infrastructure, smart metering, and renewable integration is helping power shares stay competitive and meet evolving consumer demands. Look for companies investing in innovative technologies to enhance efficiency and reduce environmental impact.

Market Position and Growth Prospects

Evaluate the company's market share, competitive advantages, and expansion plans to determine its potential for sustained growth in the power sector.

Environmental Impact and Sustainability

Consider the company's environmental footprint and commitment to sustainable practices while assessing the best power stocks India. These factors are increasingly important to stakeholders and can affect long-term viability.

Conclusion

Complemented by the rally and the recent injection of investment have attracted the attention of investors toward power sector stocks, with many stocks having generated double-digit returns in the last month. However, as we always say, to find the best power stock in India, conduct your research using Tickertape Stock Screener. With over 200 filters, you can screen a stock in depth to find the best stock to maximise your ROI.

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Frequently Asked Questions on Power Stocks

Which power stock is best?
Here are the top power stocks India based on their 5Y CAGR:
Disclaimer: Please note that the above power sector share list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
What factors are contributing to the growth of the power sector in India?
Factors include increased industrial activity, growing population, higher electrification rates, supportive government policies, and a shift towards renewable energy sources.
Which power companies are expanding into renewable energy?
Companies like Tata Power and Adani Green Energy are investing heavily in renewable energy projects, including solar and wind power, to diversify their energy portfolios—a key factor in power sector investment.
What are the risks associated with investing in power stocks?
Risks include regulatory uncertainty, input cost variability (such as coal and gas prices), delays in project implementation, and rising competition within power shares, especially from emerging green technologies.
How can investors assess the performance of power sector stocks?
Investors can evaluate financial metrics such as market capitalisation, PE ratio, dividend yield, and track recent stock performance trends.
Disclaimer: Please note that the above information is for educational purposes only, and is not recommendatory.
How to invest in power stocks in India?
Here’s how you can invest in Power Stocks - 
1. Go to the Tickertape Stock Screener
2. Click on 'Power Stocks'.
3. Analyse and sort the power sector share list using over 200+ filters, including valuation ratios, financials, technical indicators, and more, based on your investment thesis.
4. Review the filtered power stocks list with power share prices, 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 Power Stocks.
Disclaimer: Please do your own research or consult your financial advisor before investing.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.