Best Green Energy Stocks in India (2025)
Green energy stocks are surging with growing global climate commitments, government incentives, and increasing demand for clean power in India.
Top Green Energy Stocks in 2025
Green Energy Stock Screener
Green Energy Stock Screener: Analyse & Filter Indian Stocks on Tickertape
last updated at 9:45 PM IST
Showing 1 - 20 of 20 results
last updated at 9:45 PM IST
| NameStocks (20)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE RatioPE Ratio↓ | ↓1D Return1D Return↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ↓Dividend YieldDiv Yield↓ | ↓Debt to EquityDebt to Equity↓ | ↓Volatility vs NiftyVolatility vs Nifty↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Adani Green Energy LtdADANIGREEN | Renewable EnergyRenewable Energy | 1,61,025.731,61,025.73 | 991.10991.10 | 111.51111.51 | -0.57-0.57 | -2.53-2.53 | -1.43-1.43 | -43.57-43.57 | 7.137.13 | 7.227.22 | 8.218.21 | -- | 3.553.55 | 3.923.92 | |
| 2. | Tata Power Company LtdTATAPOWER | Power Transmission & DistributionPower Transmission & Distribution | 1,28,197.021,28,197.02 | 401.20401.20 | 32.2832.28 | 0.050.05 | 0.020.02 | 5.935.93 | -7.44-7.44 | 3.013.01 | 9.819.81 | 9.959.95 | 0.620.62 | 1.481.48 | 2.162.16 | |
| 3. | JSW Energy LtdJSWENERGY | Power GenerationPower Generation | 88,946.6188,946.61 | 509.65509.65 | 45.5945.59 | -0.46-0.46 | -2.98-2.98 | -14.44-14.44 | -31.33-31.33 | 3.063.06 | 7.797.79 | 5.775.77 | 0.390.39 | 1.731.73 | 2.852.85 | |
| 4. | NHPC LtdNHPC | Renewable EnergyRenewable Energy | 84,820.2784,820.27 | 84.4484.44 | 28.2128.21 | -0.71-0.71 | -6.64-6.64 | 6.636.63 | -18.51-18.51 | 1.931.93 | 8.468.46 | 7.127.12 | 2.262.26 | 0.740.74 | 2.312.31 | |
| 5. | Indian Renewable Energy Development Agency LtdIREDA | Specialized FinanceSpecialized Finance | 46,950.6846,950.68 | 167.13167.13 | 27.6527.65 | 0.280.28 | -5.16-5.16 | -23.59-23.59 | -32.17-32.17 | 5.495.49 | 17.2817.28 | 3.623.62 | -- | 5.805.80 | 3.433.43 | |
| 6. | SJVN LtdSJVN | Renewable EnergyRenewable Energy | 38,747.7838,747.78 | 98.6098.60 | 47.2747.27 | 0.150.15 | -5.79-5.79 | -5.41-5.41 | -31.06-31.06 | 2.752.75 | 6.536.53 | 5.255.25 | 1.481.48 | 1.441.44 | 2.822.82 | |
| 7. | Inox Wind LtdINOXWIND | Heavy Electrical EquipmentsHeavy Electrical Equipments | 28,633.3628,633.36 | 176.30176.30 | 63.8863.88 | -2.04-2.04 | -2.61-2.61 | 1.881.88 | 11.4811.48 | 13.0613.06 | -1.83-1.83 | 26.9526.95 | -- | 1.481.48 | 3.943.94 | |
| 8. | KPI Green Energy LtdKPIGREEN | Renewable EnergyRenewable Energy | 10,122.6110,122.61 | 512.95512.95 | 31.6731.67 | -0.85-0.85 | -1.46-1.46 | 1.601.60 | -16.20-16.20 | 12.1112.11 | 127.66127.66 | 33.7733.77 | 0.140.14 | 1.241.24 | 3.673.67 | |
| 9. | Sterling and Wilson Renewable Energy LtdSWSOLAR | Renewable Energy Equipment & ServicesRenewable Energy Equipment & Services | 7,202.137,202.13 | 308.45308.45 | 88.4288.42 | -0.44-0.44 | 2.572.57 | -31.55-31.55 | -54.92-54.92 | 7.547.54 | -59.30-59.30 | 21.6721.67 | -- | 0.540.54 | 3.643.64 | |
| 10. | Borosil Renewables LtdBORORENEW | HousewaresHousewares | 6,858.766,858.76 | 515.50515.50 | -98.59-98.59 | 3.703.70 | -12.87-12.87 | -5.77-5.77 | -1.70-1.70 | 7.687.68 | -5.11-5.11 | -3.15-3.15 | -- | 0.650.65 | 3.283.28 | |
| 11. | Inox Green Energy Services LtdINOXGREEN | Heavy Electrical EquipmentsHeavy Electrical Equipments | 5,648.765,648.76 | 153.91153.91 | 285.29285.29 | 0.000.00 | -12.94-12.94 | -7.20-7.20 | -8.15-8.15 | 4.184.18 | 2.292.29 | 3.533.53 | -- | 0.130.13 | 4.354.35 | |
| 12. | K.P. Energy LtdKPEL | Renewable EnergyRenewable Energy | 3,368.103,368.10 | 496.50496.50 | 29.2129.21 | -1.37-1.37 | -8.30-8.30 | -3.98-3.98 | 11.8211.82 | 18.2618.26 | 37.4137.41 | 57.7757.77 | 0.100.10 | 0.630.63 | 3.963.96 | |
| 13. | BF Utilities LtdBFUTILITIE | Renewable EnergyRenewable Energy | 2,949.562,949.56 | 783.05783.05 | 184.46184.46 | -1.39-1.39 | 2.832.83 | -19.36-19.36 | -8.38-8.38 | 4.134.13 | 26.2526.25 | 1.051.05 | -- | 1.691.69 | 3.883.88 | |
| 14. | Orient Green Power Company LtdGREENPOWER | Renewable EnergyRenewable Energy | 1,758.371,758.37 | 14.9914.99 | 45.3145.31 | 4.614.61 | 7.507.50 | -7.98-7.98 | -27.73-27.73 | 1.641.64 | 4.194.19 | 7.467.46 | -- | 0.520.52 | 3.363.36 | |
| 15. | Zodiac Energy LtdZODIAC | Renewable Energy Equipment & ServicesRenewable Energy Equipment & Services | 717.69717.69 | 474.55474.55 | 35.9435.94 | -1.59-1.59 | -1.39-1.39 | -5.04-5.04 | -37.00-37.00 | 15.0915.09 | 26.2626.26 | 63.5063.50 | 0.150.15 | 0.850.85 | 4.054.05 | |
| 16. | Indowind Energy LtdINDOWIND | Renewable EnergyRenewable Energy | 256.06256.06 | 19.8819.88 | 203.22203.22 | -1.14-1.14 | -2.14-2.14 | -22.07-22.07 | -31.87-31.87 | 1.081.08 | 3.113.11 | 1.871.87 | -- | 0.230.23 | 4.004.00 | |
| 17. | WAA Solar LtdWAA | Renewable EnergyRenewable Energy | 107.78107.78 | 81.2481.24 | 15.4415.44 | 4.684.68 | -5.41-5.41 | -29.45-29.45 | -54.15-54.15 | 0.600.60 | 3.493.49 | 3.973.97 | -- | 0.280.28 | 3.893.89 | |
| 18. | Energy Development Company LtdENERGYDEV | Renewable EnergyRenewable Energy | 104.55104.55 | 22.0122.01 | -1.07-1.07 | -0.86-0.86 | 15.9315.93 | -14.69-14.69 | -10.67-10.67 | 0.870.87 | -1.79-1.79 | -37.18-37.18 | -- | 1.071.07 | 4.034.03 | |
| 19. | Karma Energy LtdKARMAENG | Renewable EnergyRenewable Energy | 80.2380.23 | 69.3469.34 | 51.1051.10 | -1.49-1.49 | 22.3122.31 | -10.71-10.71 | -6.73-6.73 | 2.092.09 | 0.310.31 | 3.893.89 | -- | 0.030.03 | 4.544.54 | |
| 20. | KKV Agro Powers LimitedKKVAPOW | Renewable EnergyRenewable Energy | 41.6141.61 | 734.00734.00 | 24.6224.62 | 0.000.00 | 40.3440.34 | -6.23-6.23 | -30.97-30.97 | 1.961.96 | 1.211.21 | 13.3213.32 | -- | 0.580.58 | 4.894.89 |
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 energy sector in India, based on publicly available information.
Selection criteria: Companies that are associated with the green energy sector in India, based on publicly available information.
About Green Energy Sector
India, in particular, is at the forefront of this shift. The country has set ambitious goals to generate 50% of its electricity from non-fossil fuels by 2030 and achieve ‘net zero’ emissions by 2070. To reach this target, India prioritises clean energy initiatives with aggressive plans.
Union Budget 2025-26 Allocations for the Green Energy Sector
In the Union Budget 2025–26, Finance Minister Nirmala Sitharaman substantially reinforced India’s commitment to clean energy by raising the allocation for new and renewable energy by Rs. 9,251 cr. to Rs. 26,549 cr., reflecting a decisive push to reduce dependence on fossil fuels and strengthen the transition to low-carbon growth. The following section provides a concise overview of the budget’s key allocations and initiatives aimed at accelerating India’s green energy shift.
- The Ministry of New and Renewable Energy (MNRE) budget estimate for 2025-26 stands at Rs. 25,649 cr., reflecting a 39% increase compared to last year’s initial estimate of Rs. 19,100 cr.
- Rooftop solar adoption under PM Surya Ghar received a major boost in the Union Budget 2025-26 with Rs. 20,000 cr. allocated—an 80% jump from the revised estimate of Rs. 11,100 cr. in 2024-25. The scheme aims to provide up to 300 units of free electricity monthly to lower- and middle-income households while subsidizing rooftop solar installations.
- For evacuating renewable power to the national grid, Rs. 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 Rs. 2,600 cr. for 2025-26, up from Rs. 2,525 cr. in 2024-25 (RE). This initiative is among the world’s largest programs to solarise agriculture pumps, directly benefiting over 35 lakh farmers by reducing diesel dependence and lowering operational costs.
- The National Green Hydrogen Mission sees its budget doubled to Rs. 600 cr. in Union Budget 2025-26, against Rs. 300 cr. (RE) in 2024-25. Targeting an annual production of 5 million metric tons by 2030, this mission seeks to transform India into a major global producer and exporter of green hydrogen.
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.
Advantages of Investing in Green Energy Stocks
Booming Sector
The government has introduced new initiatives to propel the green energy sector upward. As a result, many best green energy stocks in India have fared relatively well, with several stocks recording double-digit growth.
Eco-Friendly
Green energy is produced from sources such as solar, wind, and hydro, which are inherently eco-friendly. By investing in a renewable energy company in India, you promote sustainability and support cleaner energy production.
Reducing Carbon Footprints
As India aims to reduce projected carbon emissions by one billion tonnes by 2030, adopting green energy is a pivotal step. Investing in wind energy stocks in India and renewable energy companies in India can directly contribute to these ambitious goals, minimising carbon emissions.
Incentivised by Government
With global governments, including India’s, rolling out incentives and subsidies, the top 5 energy stocks in India stand out as attractive investment avenues in the energy sector stocks category.
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Risks Associated With Investing in Green 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, impacting even the best energy stocks in the green energy sector.
Fluctuating Energy Demand
Meeting peak energy demands, especially during evening hours, is difficult due to fluctuating demand patterns in India. These inconsistencies can influence the performance of top solar energy stocks and green energy mutual funds India.
Energy Storage Costs
Despite potential storage solutions like batteries, current cost inefficiencies hamper widespread adoption. Technological advancements are needed to reduce costs and make energy storage more sustainable.
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Frequently Asked Questions on Green Energy Stocks
What are Green Energy Stocks?
Green Energy Stocks represent shares of companies involved in renewable 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 these stocks supports the global shift towards sustainable and environmentally friendly energy solutions.How to invest in Green Energy Stocks?
Here’s how you can invest in Green Energy Stocks -
- Go to the Tickertape Stock Screener
- Click on 'Green Energy Stocks'.
- Analyse and sort the Green Energy Stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
- Review the filtered list, 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 Green Energy Stocks.
Disclaimer: Please do your own research or consult your financial advisor before investing.
What are some of the top Green energy stocks companies listed on NSE?
Top NSE-listed Green Energy Stocks in India include:
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.
What are the factors affecting Green energy stocks prices?
Green Energy stock prices in India are influenced by several factors:- Government Policies: Incentives, subsidies, and regulatory frameworks can boost or hinder growth.
- Technological Advancements: Innovations in renewable energy technologies can enhance efficiency and reduce costs.
- Global Energy Prices: Fluctuations in fossil fuel prices can impact the competitiveness of renewable energy.
- Environmental Concerns: Increasing awareness and demand for clean energy influence investment trends.
- Company Performance: Financial health, project execution, and capacity additions affect investor confidence..
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.
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.
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.
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.
