Future of World Energy Stocks to make money in Indian Stock Market
India is a big market for energy here we see the Future of world energy stocks to make money (Part III) this is for Indian stock market for green and renewable energy. India’s energy depends on diesel, petrol, coal and nuclear energy as its main sources. But in the last few years we are also producing green and renewable energy with WWF (Water, Wind, Solar Fire). INIDA’s net zero target for carbon emissions by 2070.
Future of Indian Energy Stocks to Make Money
When we compare the Future of World Energy Stocks to Make Money (Part-III) it is with the Indian Stock Market and other US Stock Markets (Part I) and European Stock Markets (Part II). Indian stock market valuations are currently higher than other comparable markets.
1- Borosil Renewables
Borosol Renewable is India’s largest solar glass manufacturing company. The company is present in the international market in the United States and the Netherlands. Everyone knows about solar panels and the Indian government also promotes solar energy. Now the demand for solar panels is increasing day by day, so we can focus on this stock. The company has given positive returns of 27.37% in the last one year.
This is not a satisfactory return in the Indian market. During this period, the returns of shares in this sector have been in double digits. The reason behind this problem is China and Malaysia dumping their products in the Indian market at cheap prices.
Now the company is planning to increase its exports to the United States and European markets as these markets are increasing their tariffs for Chinese products.
2-Tata Power
Tata Power is the largest integrated power company in India and they also operate in international market. They have a lot of projects and have signed MoUs with government and private entities. Everyone knows that Tata Power is also in the field of setting up charging stations for electric vehicle charging.
Tata Power has a large order book of around Rs 15,700 crore from EPC business in November 2024. Tata Group is like an umbrella, they have everything in their hands. The company has given positive returns of 51.59% in the last one year.
3. Adani Green Energy Ltd.
Adani Green Energy is a part of Adani Group it’s a giant company in the Indian and International market. The Company has received a prestigious project from the Government of India under the National Bio Energy Programme. The Government of India has sanctioned a budget of Rs 858 crore for Phase-I.
The company has given negative returns of 21.98% in the last one year.
4. KPI Green Energy
KPI Green Energy was established in 2008 in Gujarat. It is a very good company in the field of solar and wind energy. The brand name of the company is Solarism.
The company is signing agreements and MoUs with government and private entities as lik e Tata Motors Passenger Vehicles, KPark Sunbea, Mahatma Phule Renewable Energy and Infrastructure Technology Limited, Advait Infratech Limited, Government of Uttarakhand, Tristar Transport LLC, Mafatlal Industries Limited, Meghmani Organics Gujarat Urja Vikas Nigam Limited.
The company has given positive returns of 114.17% in the last one year.
5. Orient Green Power Company Limited
Orient Green Power Company Limited was incorporated in Chennai in 2006. It is the largest independent power producer of renewable energy in India.
As of June 2022, they have a portfolio of 391.8 MW of wind assets spread across the states of Tamil Nadu, Andhra Pradesh, Gujarat, Karnataka and also a 10.5 MW wind farm in Croatia, Europe.
Orient Green is a very small company. But they are working towards increasing their power generation capacity from 400 MW to 1000 MW. The company has given negative returns of 20.13% in the last one year.
6. WAA Solar Limited
Waa Solar Limited was established in 2009 and is a subsidiary of Madhav Power Limited. The company has signed a power purchase agreement for 25 years with Gujarat Urja Vikas Nigam Ltd. They have received a letter of intent from Paschim Gujarat Vij Company Ltd. The estimated project cost is Rs 160-180 crore.
The company has given positive returns of 62.94% in the last one year.
7. Waaree Renewables Technologies Ltd
Waaree Renewables Technologies Limited is a subsidiary of Waaree Group and is a No. 1 Indian module manufacturer and Tier 1 solar module manufacturer. It has a solar panel manufacturing capacity of 12GW across plants located in Chikhli, Surat and Umargaon in Gujarat, the largest in India. The company provides end-to-end EPC solutions, financing, construction, ownership and operation for solar projects.
The company has a healthy order book of 2,191 MW in FY25. They received a contract to set up a 1 MWp green hydrogen plant integrated with the ecosystem on BOB basis. The company has given positive returns of 384.16% in the last one year.
8. Suzlon Energy Limited
Suzlon Energy Limited is one of the leading renewable energy solution providers in the Indian and international markets. They manufacture wind turbines and accessories. The company has a very prestigious customer base such as ACC, Adani Renewables, Aditya Birla Group, Bajaj, GAIL, Hero, ITC, ONGC, Reliance, SBI, Tata, TVS, Vedanta.
The story of this company is very inspiring. The company acquired international companies in 2008. The company was heavily in debt and as a result the market capitalization of the company decreased by more than 95% and was on the verge of bankruptcy. In 2014 it slowly started recovering and achieved 20% market share in the Indian wind turbine market.
The company has given positive returns of 73.73% in the last one year.
9. Inox Wind Limited
Inox Wind Limited is a part of the Inox Group. The company is engaged in the business of manufacturing wind turbine generators and accessories. Its products include Inox DF 93, Inox DF 100 and Inox DF 113
Total unutilized order book as of Q4 FY24 is 2,656 MW. It’s a small company. The company has given positive returns of 128.20% in the last one year
10. NTPC Green Energy
NTPC Green Energy Limited is incorporated in 2022 and is a subsidiary of NPTC Limited. It is the largest renewable energy public sector enterprise in India (excluding hydropower) Total renewable energy capacity: 26,071 MW.
They focus on green hydrogen, green chemicals and battery energy storage systems (BESS). This is a small but good company for investment for future. The company has given positive returns of 18.04% in the last one month.
Disclamer
Future of World Energy Stocks to Make Money (Part-III) stocks are not for purchase recomendation. These are for study and learning purpose. Not only the stocks mentioned so far are present in the Indian market, but there are also many other stocks related to green energy.
