The whole human life depends on energy and its consumption as it is considered to be the source of life and has its importance at its peak in day-to-day life. The sources of energy that cover renewable and non-renewable methods are used to run the lives of billions and affect the environment.
In recent decades the method of generation of energy from non-renewable resources like fossil fuels has been shifted towards renewable resources known as green energy. Burning fossil fuels and other materials for energy consumption is affecting the climate system and putting human life in danger which seems an incorrect method to generate it.
Image Credit- Planet Custodian
Global efforts are made to emphasise the need for renewable energy to mitigate climate change and decrease dependence on fossil fuels. Today many business frontiers have worked into the renewable energy sector, shifting to greener, more suitable energy sources.
This article will list some of the renewable energy companies in India and their meaningful contribution to the industry.
| Top 10 renewable energy companies in India | |
| 1 | Adani Green Energy |
| 2 | Tata Power Renewable Energy |
| 3 | Sterling and Wilson Renewable Energy |
| 4 | Suzlon Energy Limited |
| 5 | JSW |
| 6 | ReNew Energy |
| 7 | KPI Green Energy |
| 8 | Hero Future Energy |
| 9 | Orient Green Power Limited |
| 10 | GreenKo Energy Holdings |
Top 10 renewable energy companies in India
Here we are giving the list of the firms in India working in the renewable energy sector and helping the environment to save the climate and human lives.
1. Adani Green Energy
| Founder’s Name | Gautam Adani |
| Founding Year | 2015 |
| Number of Employees | 1597 |
| Net Income Y/Y | 150CR |
| Headquarter | Ahmedabad, India |
| CEO | Vneet S. Jaain |
Image Credit- Adani Group
Adani Renewables is one the biggest companies in India dealing with generating green energy and protecting climate change. Adani Green Energy Limited (AGEL) Company is one the largest green hydrogen companies in the world and has a project portfolio of 20,434 MW.
This is a network company of the Adani Group committed to providing a more secure and friendly future for India. The company executes utility-scale grid-connected solar and wind farm projects as it follows its philosophy of growth with goodness.
The electricity produced is delivered to the national and state government bodies including with the government attached enterprises. The major projects of the company include-
The hybrid energy plant in the Khavda desert in Gujrat’s Kutch district with capacity to generate 20 GW of energy and a Green energy park of about 726 sq km in Rann of the Kutch desert area in Gujrat.
2. Tata Power Renewable Energy
| Founder’s Name | Dorabji Tata |
| Establishment year | 1915 |
| CEO | Deepesh Nanda |
| Revenue | 61542 CR in FY 24 |
| Head Office | Mumbai |
| No of Employees | 23,652 in 24 |
Image Credit- Sour Energy
Tata Power Renewable Energy is one the India’s top green energy companies that has a massive contribution to making the nation green and pollution-free. This is a part of the Tata Group of companies which is a renowned multifunctional industry.
Tata Solar segment has a very good portfolio of solar generation capacity reaching to 4975 MW and the company is dealing with three different segments of business i.e. the production of modules and solar cells, engineering, procurement, and construction services for solar products, and the development of other solar power projects.
Tata has major power plants two are listed as one which is located in Dholera, Gujrat solar facility. It is one of the biggest solar tracker systems having a capacity of 300 MW.
The other major Tata Solar plant is in Kayamkulam in Kerala which is only a floating solar power project with a capacity of 101.6 MWp.
3. Sterling and Wilson Renewable Energy
| Founders | Shapoorji Mistry Sr. & Mahervan Daruwala |
| Founded Year | 2017 |
| CEO | Amit Jain |
| Owned by | Reliance |
| Revenue | 3035 CR in FY 24 |
| Headquarter | India |
| No of Employees | 835 (2023) |
Image Credit- Sterling and Wilson Solar Limited
This solar plant is known as Sterling and Wilson Solar Limited and is the leading global EPC manufacturing company that offers solutions for comprehensive solar engineering, procurement, and construction (EPC). The company offers services for large-scale solar power generation and floating solar installation including hybrid systems and energy storage solutions.
The primary function of the company is to design the project and engineering, encompassing all steps of project execution from generating a concept to making it a reality. Currently, the ownership of the company is under the Reliance Industries.
The major projects of the company include the Anantapur Energy Plant in Andhra Pradesh having a capacity of 375 MWp. The company also has two plants active in Vietnam having the capacity of 104 MWp and 168 MWp power. Sterling and Wilson also have two plants in Chile with a capacity of 190 MWp and 170 MWp each.
4. Suzlon Energy Limited
| Founder | Tulsi Tanti |
| Founding Year | 1995 |
| Headquarter | Pune, India |
| Revenue | 4187 CR |
| CEO | J. P. Chalasani |
| No of employees | 6200 Plus |
| Market Capital | 74371 CR |
Image Credit- Fortune India
This energy-generating company is one the biggest green energy companies in India founded in 1995 by Tulsi Tanti and it is headquartered in Pune, Maharashtra.
Suzlon Energy Limited is known as one of the highest wind energy capacity holders in the country and can generate over 20,680 MW of renewable energy. The company offers an extensive range of wind turbine solutions including design, development, manufacturing, and servicing.
The big power company is committed to taking the country to new heights of technological advancement and this makes wind energy manufacturing a more reliable and cost-effective source of energy in India.
5. JSW
| Founder | Sajjan Jindal |
| Founded Year | 1994 |
| CEO | Prashant Jain |
| Headquarter | Mumbai, India |
| Revenue | 10,867 CR |
| No of Employees | 1000+ |
Image Credit- Wikipedia
The company is a part of the JSW Group which is responsible and specialises in the development and operation of hydroelectric projects. The main work of the company is to optimize the use of renewable energy by providing cutting-edge solutions in the technology.
The company can generate the power of 3158 MW of thermal electricity in 1391 MW of hydropower, and 10 MW MW of solar energy. JSW company has enhanced their reach and become the biggest privately owned enterprise in India that generates hydropower.
The company is running two important projects dealing with the energy sector which is one in Nashik having a power of 1500 MW based on hydro nature and the other is in Kolhapur, Solapur, Satara, and Osmanabad having a power capacity of 5000 MW of wind energy.
6. ReNew Energy
| Founder | Sumant Sinha |
| Founded Year | 2011 |
| Headquarter | Gurgaon, India |
| Revenue | 5329 CR |
| No of Employees | 1382 (2022) |
| CEO | Sumant Sinha |
Image Credit- Britannica
This company is known for being the autonomous power generator in the country and has expertise in generating renewable energy based on solar and wind power. ReNew company generally sell its electricity to the state electricity boards and broad industrial businesses in India.
ReNew company was established in 2011 and started operating in 2012 with initial working in Jasdan, Gujrat which is capable of generating electricity of 25.20 MW but today the capacity of the company exceeds some MW with a commissioned capacity of 7.7 GW. The company aimed to enhance its power and reach to produce 10,000 MW power within five years.
The company’s major projects involved Dogger Bank Wind Farm, Baltic Power Offshore Wind Farm, Yellow Pine Solar Project and more.
7. KPI Green Energy
| Founder | Faruk G Patel |
| Founded Year | 2008 |
| Headquarter | Surat, India |
| Total Revenue | 729 CR |
| No of Employees | 283 (2023) |
| Market capital | 12,290 CR |
Image Credit- Sour Energy
The KPI industry is a major participant in the country in producing renewable energy using Wind power which it has been established as one of the biggest green energy providers in India. The company has announced the initiation of a wind energy project with a capacity of 29.4 MW in Gujrat.
The company has received many notable awards including the Business Excellence Award 2021 for its participation in making green India motivation. The company has many projects in the future list like a 200 MW hybrid project in the state of Gujrat. Till now the company has been a prestigious working firm in the feild of wind engineering in the country.
The main projects of the company are running in Wind power Projects in the Bhungar and Fulsar sites and a wind farm at the Matalpar site having a power capacity of 33.6 MW.
8. Hero Future Energy
| Founder | Srivatsan Iyer and Geetika Agrawal (Hero Group) |
| Established Year | 2012 |
| Headquarter | Delhi, India |
| Revenue | 1580 CR (2022) |
| No of Employees | 201 – 500 |
| CEO | Srivatsan Iyer |
Image Credit- Clean future
This company is part of Hero Group Industries which is a prominent business industry in India. Hero Future Energy (HFE) was founded in 2012 and operates under the motive of profit for purpose and is dedicated to protecting nature for the upcoming generations. At present the company can generate 4.5 GW of renewable energy in India, Ukraine, and Vietnam. Including functional and under-construction projects.
Apart from generating green energy the company has also been a notable biggest emerging firm to contributing Indian Green Energy Projects. The company also has the support of the International Financial Corporation (IFC) and Kohlberg Kravis Roberts & Co. (KKR).
9. Orient Green Power Limited
| Founder | Thyagarajan Shivaraman |
| Founded Year | 2006 |
| Headquarter | India |
| Revenue | 36.02 CR |
| No of Employees | 129 (2024) |
| CEO | Krishna Kumar |
Image Credit- Trade Brains
Orient Power Green Limited is an emerging renewable energy company in India that was founded in 2006 by T. Shivaraman. The company now can generate over 402.3 MW of renewable energy assets in the country as per the report of 2022.
The company has a keen focus on developing, constructing, and operating utility-scale solar power plants across the country. Though the company is operating in developing the solar energy centres in India also has been a key player in migrating India’s consumption of energy from fossil fuels to renewable.
10. GreenKo Energy Holdings
| Founder | Mahesh Kolli |
| Founded Year | 2004 |
| Revenue | 72 Cr (2023) |
| Headquarter | Hyderabad, India |
| No of Employees | 1001 – 50000 |
| CEO | Mr. Anil Kumar Chalamalasetyy |
Image Credit- Startup Hyderabad
GreenKo Energy Holdings is an important contributor to India’s green energy-producing potential. The company has a portfolio that includes wind, solar, and hydropower projects.
The company has installed a capacity of generation of energy of about 7.5 GW and has a storage capacity of 100 GWh per day.
The company is dedicated to developing sustainable and affordable energy solutions through integrated decarbonised energy and grid systems. They have played a very important role in shaping the Indian instance in the world for the contribution of green energy.
Conclusion
India is a developing nation and adopting green sources of energy will empower the capability and ability to maintain the climate change situation which has emerged as the main reason to adopt this alternative source of energy.
The industries have turned their focus to making India a green energy producer which will also improve its resources of fossil fuels and empower the green technology.
