As the world shifts toward cleaner and more sustainable energy sources, India is stepping up big time. With the government setting ambitious clean energy targets and climate awareness on the rise, now could be a smart time to explore green energy stocks in India. Not only can these stocks offer potential for long-term gains, but they also let you play a part in building a greener future.
In this article, we’ll walk you through what green energy is, why it matters, and the top 10 green energy stocks in India for 2025 to keep an eye on.
🌱 What Are Green Energy Stocks?
Green energy stocks are shares of companies that focus on renewable energy like solar, wind, hydro, biomass, or geothermal power. These companies are helping move us away from polluting fossil fuels and toward cleaner, more earth-friendly solutions.
When you invest in green energy stocks, you’re not just looking for profits — you’re also supporting the fight against climate change.
✅ Quick Comparison: Top Green Energy Stocks in India
| Stock Name | Market Cap (₹) | P/E Ratio | EPS (₹) | 52-Week High (₹) | 52-Week Low (₹) |
|---|---|---|---|---|---|
| NTPC | 3.27 Trillion | 14 | 24 | 448 | 293 |
| Adani Green Energy Ltd | 1.68 Trillion | 124 | 8 | 2,091 | 758 |
| Tata Power Company Ltd | 1.31 Trillion | 33 | 12 | 495 | 326 |
| Suzlon Energy Ltd | 910 Billion | 44 | 2 | 86 | 46 |
| NHPC Ltd | 900 Billion | 30 | 3 | 118 | 71 |
| Sterling & Wilson Renewable | 80 Billion | 98 | 3 | 811 | 218 |
| KPI Green Energy Ltd | 103 Billion | 32 | 16 | 745 | 313 |
| Borosil Renewables Ltd | 75 Billion | 40 | 6 | 644 | 403 |
| Websol Energy System Ltd | 57 Billion | 38 | 36 | 1,865 | 524 |
| Inox Wind | 237 Billion | 67 | 3 | 262 | 130 |
🌍 Green Energy vs Renewable Energy – What’s the Difference?
People often use “green energy” and “renewable energy” interchangeably, but there’s a slight difference:
- Green energy is renewable and has little or no environmental impact (like solar and wind).
- Renewable energy includes all sources that naturally replenish — like solar, wind, hydro, and biomass. But not all of them are 100% green (e.g., large dams can hurt local ecosystems).
So, all green energy is renewable, but not all renewable energy is completely green.
💡 Why Invest in Green Energy Stocks in India?
Here’s why it’s worth considering:
- Huge Growth Potential: India is aiming to reach 500 GW of non-fossil energy capacity by 2030. That’s big.
- Government Support: Lots of incentives, subsidies, and public-private partnerships are fueling this space.
- Sustainable Goals: You’re contributing to the planet while building your wealth.
- Portfolio Diversification: These stocks often move differently from traditional sectors like banking or IT, offering a great way to balance risk.
Also Read: What Are Blue-Chip Stocks and Should You Own Them?
🔟 Top Green Energy Stocks in India – A Closer Look
Let’s quickly look at why these stocks are on the list:
1. Tata Power Company Ltd
Tata Power is one of India’s oldest and most trusted power companies. Today, it’s making major moves in solar, wind, and EV charging. Its solar arm, Tata Power Solar, is expanding fast with projects in rooftops, water pumps, and large-scale solar parks.
In 2025, they signed a huge deal with Tamil Nadu to set up 10,000 MW of renewable projects and also teamed up with the Asian Development Bank for $4.25 billion in funding for clean energy.
2. Adani Green Energy Ltd
Adani Green is already the largest renewable energy company in India and the second-largest solar developer in the world. They’re building massive wind and solar projects in places like Rajasthan and Gujarat.
The company is also investing heavily in tech to boost energy output and stay ahead in the game.
Also Read: What IPOs Are Scheduled for This Quarter?
3. KPI Green Energy Ltd
Based in Gujarat, KPI Green focuses on solar and hybrid power plants under the brand Solarism. They provide complete solutions from land acquisition to plant maintenance.
Their goal is to help more people and businesses switch from fossil fuels to clean energy.
4. NTPC Renewable Energy
NTPC, India’s biggest power producer, is aggressively expanding into clean energy through its renewable arm. They recently announced a 10 GW solar park in Andhra Pradesh as part of their target to reach 60 GW of renewables by 2032.
5. Inox Wind
This company builds wind turbines and offers turnkey wind energy solutions. In late 2023, Inox secured a 279 MW wind project from a large industrial group. The project is expected to go live by mid-2025 in Rajasthan and Gujarat.
6. Websol Energy System Ltd
Websol is known for its high-efficiency solar cells and modules. In 2025, they announced plans to build a new factory to ramp up production and meet the rising demand for solar energy in India.
7. Sterling and Wilson Renewable Energy
Part of the Reliance Group, Sterling and Wilson is an expert in large-scale solar EPC projects. In 2025, they started working with global tech partners and launched solar + storage systems to provide more reliable green energy solutions.
8. Borosil Renewables
Borosil is the only Indian maker of solar glass — a vital part of every solar panel. Their anti-glare and anti-soiling coatings improve solar panel performance. They’re expanding globally and rolling out new products to meet growing demand.
9. Gita Renewable Energy
Gita works on a mix of wind, solar, and biomass projects. In 2025, they ramped up their solar capacity and partnered with other firms to grow their wind and biomass operations. They’re small but ambitious.
10. NHPC Ltd
NHPC is India’s hydroelectric giant. While their main strength is hydropower, they’ve recently partnered with Tata Power Renewable to develop joint solar and wind projects across the country. They’re also progressing with big hydro projects in the Northeast.
Also Read: How Do You Diversify a Stock Portfolio for Long-Term Growth?
🚀 Final Thoughts
India’s renewable energy sector is booming, and investing in green energy stocks could be a smart way to ride that wave. Whether you’re passionate about sustainability or just looking to grow your money with future-ready companies, green energy is a space worth watching.
If you’re ready to make a move, do your research, diversify your portfolio, and think long-term. The clean energy revolution is just getting started — and there’s room for investors like you to be part of it.