India is a thriving business hub and within its diverse corporate landscape, energy companies play a pivotal role. Their presence fuels the nation’s growth and significantly influences the real estate dynamics. In this listicle, we explore some of the top energy companies in India and their impact on the cities they call home.
See also: Top 10 electrical companies in India
Business landscape in India
India boasts a diverse economic landscape. While information technology remains a significant sector, the energy industry plays an equally crucial role. Energy companies form the backbone of the nation’s infrastructure, powering industries, homes and businesses across the country.
Top 10 energy companies in India
Adani Transmission
Industry: Energy
Company type: Public Limited
Location: Ahmedabad, Gujarat – 380009
Founding Date: 2015
Adani Transmission stands as a powerhouse in India’s energy sector, specialising in the transmission and distribution of electric power. Leveraging cutting-edge technology and a vast network of high-voltage lines and substations, Adani Transmission ensures the smooth and reliable flow of electricity across regions.
Power Grid Corporation of India
Industry: Energy
Company type: Public Limited
Location: Gurgaon, Haryana – 122002
Founding Date: 1989
With a comprehensive network of transmission lines spanning thousands of kilometre and a constellation of substations, Power Grid Corporation has a crucial role in the power supply chain. The company’s commitment to reliability, efficiency and sustainable energy solutions sets it apart in the league of energy companies in India. Its contributions to maintaining a seamless power flow across the nation have earned it a well-deserved reputation as a pivotal player in the sector.
NTPC
Industry: Energy
Company type: Public Limited
Location: New Delhi, Delhi – 110049
Founding Date: 1975
NTPC or the National Thermal Power Corporation, is recognised as a pioneer in the power generation sector. Operating an extensive network of thermal power plants, NTPC makes significant contribution in India’s electricity generation capacity. The company’s commitment to sustainability and efficient power production solidifies its position among energy companies in India. With a focus on modern technology and sustainable practices, NTPC is steering India towards a future powered by cleaner and more efficient energy sources.
TATA Power
Industry: Energy
Company type: Public Limited
Location: Mumbai, Maharashtra – 400001
Founding Date: 1915
TATA Power, with a legacy spanning over a century, is an key industry player. It is involved in every aspect of the energy industry, covering power generation as well as the transmission and distribution of electricity. With a wide customer base consisting of millions of individuals, TATA Power plays a vital role in fulfilling the country’s energy requirements. The company focuses on technological advancement and commitment to sustainable practices.
Adani Green Energy
Industry: Energy (Renewables)
Company type: Public Limited
Location: Ahmedabad, Gujarat – 380009
Founding Date: 2015
Adani Green Energy is a key contributor in India’s transition towards renewable energy sources. With a primary focus on harnessing solar and wind energy, the company is spearheading the movement towards sustainable power solutions. Its extensive portfolio of green energy projects reflects its commitment to a cleaner and more environmentally friendly energy future for India. Adani Green Energy’s innovative approach and unwavering dedication to renewable energy technologies solidify its position in the industry.
NHPC
Industry: Energy (Hydropower)
Company type: Public Limited
Location: Faridabad, Haryana – 121003
Founding Date: 1975
NHPC or the National Hydroelectric Power Corporation plays a pivotal role in India’s hydropower sector. The company specialises in the development and operation of hydroelectric projects, harnessing the power of water resources to generate clean and sustainable energy. NHPC’s focus on leveraging the natural water resource for power generation reflects its importance among energy companies in India. Its projects not only contribute significantly to India’s renewable energy capacity but also play a crucial role in reducing the nation’s carbon footprint.
Reliance Power
Industry: Energy
Company type: Public Limited
Location: Mumbai, Maharashtra – 400059
Founding Date: 2007
Reliance Power is a diversified energy company with interests spanning power generation, coal mining and more. The company’s strategic approach to energy production, combined with its emphasis on efficiency and sustainability, makes it a significant player in India’s energy landscape. Reliance Power’s contributions to the sector not only ensure a steady power supply for the nation but also drive economic growth through innovation and technological advancement.
ONGC (Oil and Natural Gas Corporation)
Industry: Energy (Oil and Gas)
Company type: Public Limited
Location: New Delhi, Delhi – 110070
Founding Date: 1956
The Oil and Natural Gas Corporation (ONGC), is a significant player in India’s oil and gas sector. The corporation is engaged in the exploration, extraction and processing of oil and gas reserves. Its contributions to India’s energy security and economic growth make it an prominent entity among energy companies in India. ONGC remains a crucial contributor to the nation’s energy future by emphasising technological advancements and eco-friendly approaches, actively shaping its trajectory.
GAIL (India)
Industry: Energy (Natural Gas)
Company type: Public Limited
Location: New Delhi, Delhi – 110066
Founding Date: 1984
GAIL (India) is a leading player in India’s energy sector, primarily focusing on natural gas and petrochemicals. The company plays a crucial role in the transmission and distribution of natural gas across the nation, supporting industries, power generation and households. GAIL’s contributions to diversifying India’s energy mix and expanding the reach of natural gas make it a significant contributor to the nation’s energy sector.
Indraprastha Gas
Industry: Energy (Natural Gas)
Company type: Public Limited
Location: New Delhi, Delhi – 110001
Founding Date: 1998
Indraprastha Gas is a leading player in the compressed natural gas (CNG) and piped natural gas (PNG) segments. By promoting cleaner and more sustainable fuel alternatives, the company plays a crucial role in shaping India’s energy landscape.
Indian Oil Corporation
Industry: Petroleum Refineries
Sub-industry: Oil and Gas (Energy)
Company type: Central Public Sector Undertaking
Location: J.B. Tito Marg, New Delhi – 110049
Founding Date: 1959
IndianOil is a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources. The company is recognised for its state-of-the-art technologies and cutting-edge R&D, quality-consciousness and transparency. It is recognised among India’s highest ranked Energy PSU in Fortune-500 list of 2023.
JSW Energy
Industry: Power Producing Company
Sub-industry: Power generation, transmission and trading
Company type: Private Sector Limited
Location: Bandra East, Mumbai – 400051
Founding Date: 1994
JSW Energy is amongst India’s leading private sector power producing companies that believes in the efficient utilisation of all available resources. From managing operations, enhancing social and economic benefits, minimising environmental impacts and employing cutting-edge innovation, JSW Energy has grown steadily through the years. The company’s presence extends across several Indian states and includes stakes in natural resource companies in South Africa.
Bharat Heavy Electricals (BHEL)
Industry: Engineering and Manufacturer
Sub-industry: Power generation equipments
Company type: Public Sector Undertaking
Location: Siri Fort, New Delhi- 110049
Founding Date: 1964
BHEL is India’s largest engineering and manufacturing enterprise in the energy and infrastructure sectors. Established in 1964, they are a leading power equipment manufacturer globally and one of the earliest and leading contributors towards building an Aatmanirbhar Bharat. They serve their customers with a comprehensive portfolio of products, systems and services in the areas of power-thermal, hydro, gas, nuclear & solar PV; transmission; transportation; defence & aerospace; oil & gas and new areas such as BESS and EV chargers.
Commercial real estate demand in India
Office space
The presence of these energy companies in India has led to a surge in demand for office spaces, especially in cities such as Mumbai, New Delhi and Ahmedabad. The need for modern, well-equipped offices to support their operations has driven the commercial real estate market.
Rental property
The influx of professionals working in these energy companies has bolstered the rental property market in cities such as Gurgaon, Faridabad and Noida. Property owners have witnessed steady demand for residential spaces, leading to increase in rental rates.
Impact of energy companies on cities
The presence of energy companies in cities such as New Delhi, Mumbai and Ahmedabad has had a significant impact on local real estate. It has spurred economic growth, led to infrastructure development and created employment opportunities, further solidifying these cities’ positions as thriving business hubs.
FAQs
Which is the largest energy company in India?
The largest energy company in India is NTPC Limited.
How many energy companies are there in India?
There are numerous energy companies in India, including both public and private entities, spanning various sectors such as electricity generation, oil and gas and renewable energy.
Which is the best energy stock in India?
Companies such as Reliance Power, NTPC and Adani Transmission have stocks which perform well in the medium to long term.
Which is India's No. 1 renewable energy company?
Adani Green Energy is considered one of the leading renewable energy companies in India.
Which energy is mostly used in India?
The primary sources of energy used in India are coal, followed by oil, natural gas, and renewable energy sources such as hydroelectric power, wind and solar energy.
What is a green energy company?
A green energy company is an organisation that primarily focuses on producing or promoting energy from environmentally sustainable and renewable sources such as solar, wind, hydroelectric and geothermal power. These companies aim to reduce the environmental impact of energy production and contribute to a more sustainable and cleaner energy future.
What are the five sources of energy?
The five main sources of energy are fossil fuels, nuclear energy, renewable energy (including solar, wind, hydro, geothermal and biomass), hydrogen and tidal/wave energy.
Which is the energy city of India?
The city of Jamnagar in Gujarat is often referred to as the energy city of India due to its significant presence of oil refineries and petrochemical industries, including the world's largest oil refinery complex operated by Reliance Industries Limited.
Which state produces the highest energy in India?
The state that produces the highest amount of energy in India is Maharashtra. It is a significant contributor to the country's total electricity generation due to its diverse energy infrastructure, including thermal power plants, hydroelectric projects and renewable energy installations.
Which sector provides the largest share in energy in India?
The electricity sector holds the largest share in energy consumption in India.
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