India’s energy sector is going through a phase of change with a keen emphasis on clean, efficient, and sustainable power. From conventional coal and hydroelectric arrangements to solar and wind power giants of the modern era, India is home to a magnificent list of firms energising its future. Here in this blog, we are analysing 45 power generation and distribution companies that are transforming the country’s energy ecosystem, with particular emphasis on the new role played by the segment of solar power companies.
List of 45 Power Generation/Distribution Companies in India
1. Avaada Group
Avaada Group is a global leader in the clean energy transition, with expertise in Solar module manufacturing, renewable power generation, and green hydrogen, green ammonia, and sustainable fuel production. With a strong focus on sustainability, strategic foreign investments, and innovative projects, Avaada has positioned itself as a leading player to watch in 2025 and beyond.
2. Globus Power Generation
Targeting thermal and renewable energy generation, Globus Power is advancing in the efficient delivery and scalability of projects.
3. WAA Solar
As an emerging solar power firm, WAA Solar targets solar power generation and infrastructure development in Gujarat and surrounding areas.
4. Amalgamated Electricity Co.
An old guard power distributor, it remains to cater to niche urban pockets with a changing energy mix.
5. Urja Global
Urja Global is a diversified renewable energy firm with specialisation in solar panels, solar inverters, and battery storage systems for clean energy.
6. Reliance Power
It is a part of the Reliance ADA Group and has a diversified portfolio of thermal, hydro, and solar projects in India.
7. Inox Wind Energy
Inox is a renewable giant with expertise in wind energy solutions and has recently started diversifying its portfolio with solar integration.
8. Gujarat Industries Power Company Ltd (GIPCL)
Headquartered in Vadodara, GIPCL produces coal and lignite-based thermal power with a growing focus on renewables.
9. Sungarner Energies
A specialized solar power firm, Sungarner offers EPC services and solar energy products to residential and commercial customers.
10. Power Grid Corporation of India Ltd (PGCIL)
India’s central transmission utility, PGCIL, acts as the spine of the national electricity grid, managing inter-state electricity transmission.
11. RattanIndia Power
This thermal energy player is moving towards clean energy by making greenfield investments in solar and smart grid technology.
12. Adani Power
One of India’s largest private thermal power generators, Adani Power, is venturing into solar and hybrid energy projects.
13. Energy Development Company Ltd
It has a high emphasis on small hydro and renewable energy projects in northeastern India and is gradually adding solar capacities.
14. Reliance Infrastructure
While conventionally famous for its engineering and infrastructure abilities, it also operates power distribution businesses in major metros.
15. Indowind Energy
A renewable energy company, Indowind owns wind farms and solar farms that are contributing to India’s decentralized clean energy ambitions.
16. NHPC (National Hydroelectric Power Corporation)
An Indian public sector undertaking, NHPC, is one of the leaders in hydroelectric power and is now foraying into floating solar projects.
17. JSW Energy
Both thermal and renewable capacity, JSW is foraying into green hydrogen, solar, and hybrid ventures.
18. Adani Energy Solutions (formerly known as Adani Transmission)
A major private power transmission company, also actively using solar power for grid connections.
19. Nava Ltd
Nava has power plants in India and Africa, increasingly focused on renewable and captive generation assets.
20. Neyveli Lignite Corporation (NLC) India Ltd
One of the largest lignite-based power generators, NLC is aggressively adding solar power as part of its green growth plan.
21. Gita Renewable Energy
A small-cap solar power firm, Gita Renewable, is involved in biomass and solar generation with a local footprint.
22. CESC Ltd
One of the largest power utilities in Kolkata, CESC serves millions of electricity consumers while investing in clean energy sources.
23. Tata Power
Tata Power is India’s most diversified and impactful solar power firm with a 4 GW+ renewable energy portfolio.
24. JP Power Ventures
A subsidiary of Jaypee Group, the firm operates hydro and thermal power assets and is looking to grow through solar energy in the future.
25. Acme Solar Holdings
India’s largest pure-play solar developer, Acme, has made headlines with ultra-low bid solar tariffs and pioneering clean energy projects.
26. Karma Energy
Specialising in wind and solar generation, Karma Energy is spearheading renewable adoption in southern India.
27. Veer Energy & Infrastructure
A solar EPC and generation company with rooftop installation, rural electrification, and solar farms experience.
28. Ravindra Energy
Engaged in decentralised solar systems for agricultural and industrial applications, Ravindra Energy advocates green empowerment.
29. SJVN (Satluj Jal Vidyut Nigam)
Historically hydro power-centric, SJVN is now aiming at 10,000 MW solar capacity by 2030, emerging as a prominent clean energy player.
30. GVK Power & Infrastructure
Though renowned for its traditional power plants, GVK is reorienting to incorporate solar and energy storage ventures.
31. India Power Corporation Ltd (IPCL)
West Bengal-based IPCL is upgrading its distribution network and adding more solar generation units.
32. Orient Green Power
A green energy firm with large investments in wind and solar generation, particularly in Tamil Nadu.
33. Indian Energy Exchange (IEX)
IEX is India’s leading electricity trading platform that also encompasses green energy trading in the Green Term-Ahead Market.
34. Adani Green Energy
One of the fastest-growing renewable behemoths in India, Adani Green is a flagship solar power firm with over 8 GW capacity and aggressive expansion plans.
35. BF Utilities
BF Utilities is part of the Kalyani Group, operating power generation and distribution with a growing interest in solar integration.
36. GMR Power and Urban Infra
Managing power projects pan-India, GMR is incorporating renewable capacities to counter urban energy requirements.
37. NTPC Ltd
As India’s biggest power generator, NTPC has invested strongly in solar, wind, and hybrid renewable power projects.
38. Torrent Power
An integrated power utility that generates and distributes power, Torrent is growing its renewable energy presence.
39. KKV Agro Powers
This small-cap entity develops renewable energy projects such as wind and solar in Tamil Nadu.
40. PTC India
PTC is a trading company that does long-term and short-term power transactions and is becoming more and more engaged in renewable energy transactions.
41. NTPC Green Energy
A fully owned subsidiary of NTPC, it specialises only in renewable energy development with a robust solar pipeline.
42. Waaree Renewables
A part of the Waaree Group, this company is a prominent solar power company in module manufacturing and project development.
43. Sri KPR Industries
Sri KPR deals in energy infrastructure and is working on solar projects to diversify its power base.
44. Suryachakra Power
Working within thermal space, Suryachakra is investing in solar hybrid systems to achieve sustainable energy targets.
45. Sampann Utpadan
Sampann Utpadan engages in energy development and distribution with a view toward sustainability and modern infrastructure within the power industry.
Conclusion
India’s energy basket is changing dramatically, with solar power emerging as the champion, thanks to power generation and distribution companies like Avaada, Adani Green, Tata Power, Acme Solar, and Waaree Renewables. These 45 power generation and distribution companies represent the diversity of India’s power industry, from established old utilities to upstarts in the solar power company space. With India working towards net-zero emissions in 2070, these players will be instrumental in determining India’s energy destiny.
For a closer look at how independent power producers are driving this shift, check out our blog “How Independent Power Producers are Revolutionizing Renewable Energy Production.“
