As the world grapples with the effects of climate change, India is shifting its energy portfolio towards renewable energy. The Indian market offers an abundance of opportunities for investors looking to capitalize on this transition to sustainable energy.
In this blog, we will explore the top renewable energy stocks to buy in 2025 in India, which are well-positioned to benefit from this massive shift toward sustainable energy.
Top Renewable Energy Stocks to Buy in 2025 in India
Given the massive opportunity in India’s renewable energy sector, here are the best stocks to buy now that stand out for their potential to thrive in 2025 and beyond:
| Stock Name | Share price | Market Cap |
|---|---|---|
| Suzlon Energy Limited | ₹ 66.0 | ₹ 89,369 Cr. |
| Power Grid Corporation of India Limited (PGCIL) | ₹ 322 | ₹ 2,98,880 Cr. |
| Adani Green Energy Limited (AGEL) | ₹ 1,105 | ₹ 1,75,120 Cr. |
| JSW Energy Limited (JSW Energy) | ₹ 682 | ₹ 1,19,311 Cr. |
| Tata Power Company Limited (TATA Power) | ₹ 415 | ₹ 1,32,701 Cr. |
1. Suzlon Energy Limited
Suzlon Energy has installed more than 20.8GW of renewable energy projects worldwide, making it a well-known brand in the wind energy industry. Despite its past difficulties, the company’s efforts at restructuring and innovation have started to pay off.
At present, Suzlon is India’s No. 1 wind energy service company with the largest service portfolio of more than 14.8 GW in wind energy assets.
Suzlon’s revenue increased by 2,093 crores in its Q2 FY25 Results, indicating a notable recovery with a 5.1 GW order book, which includes India’s largest wind order from NTPC.
With a current market capitalization of around ₹ 89,369 crores, Suzlon represents a compelling growth opportunity for risk-tolerant investors looking to capitalize on the expanding wind energy sector.
2. Power Grid Corporation of India Limited (PGCIL)
Power Grid Corporation of India is the leading transmission company in India and plays a crucial role in the integration of renewable energy into the national grid.
Power Grid’s infrastructure and services efficiently transport power generated from solar, wind, and other renewable sources to consumption centers across the country.
Power Grid Corporation’s key position in the renewable energy system and its stable revenue model make it an attractive stock for investors looking for long-term growth.
The company is also looking to generate 50% of the internal energy it uses from renewable sources by 2025 and become a Net Zero Emissions organization by 2047.
As India expands its renewable energy capacity, the Power Grid will be essential for connecting generation assets to the grid, making it a key player in the clean energy transition.
3. Adani Green Energy Limited (AGEL)
Adani Green Energy is one of the largest companies in India’s renewable energy industry. By 2030 Adani Green Energy Limited (AGEL) intends to invest Rs 2 lakh crore with the goal of having 40 GW of renewable capacity.
Adani Green’s focus on large-scale solar and wind energy projects, along with its aggressive expansion plans, positions it as one of the leading companies in the sector. With its strong market position and aggressive growth strategy, Adani Green Energy is poised to continue its growth trajectory.
As India pushes toward its renewable energy targets, Adani Green’s scale and capacity to execute large projects make it one of the best renewable energy stocks to buy in 2025.
4. JSW Energy Limited (JSW Energy)
JSW Energy Limited, a subsidiary of JSW group, is rapidly increasing its renewable energy generation capacity. The company wants to produce 20 GW of energy from renewable sources and have 40 GWh of energy storage capacity by 2030. JSW Energy is actively pursuing large-scale renewable energy projects and is a significant player in the production of hydropower, wind, and solar energy.
JSW Energy’s ongoing 2.1 GW of renewable energy projects, combined with its strong corporate backing, make it an attractive option for long-term investors. The company’s shift towards clean energy, along with its expanding renewable portfolio, positions it for significant growth in the coming years.
5. Tata Power Company Limited (TATA Power)
Tata Power has invested heavily in the renewable energy sector and has a substantial presence in the solar, wind, and hydroelectric energy sectors. Tata Power also has an emphasis on electric vehicle (EV) infrastructure and green mobility, making it even more compelling to investors who want exposure to renewable energy and the EV revolution.
The company has set a target to achieve 70% of its total installed capacity from renewable energy by 2025.
Tata Power currently generates 5847 MW of energy from Green Energy sources which when combined with its diversified business model, strong focus on renewable energy, and sustainable practices, positions it for significant growth in the coming years.
Conclusion
India’s renewable energy industry is expected to experience a significant increase in the coming years due to government support, innovation, and the growing demand for sustainable energy solutions.
By investing in these renewable energy companies, investors can capitalize on India’s green energy revolution, while also aligning their portfolios with global sustainability trends.
