Top Renewable Energy Companies In India And Their Plans

Top Renewable Energy Companies In India

India has set a target of net-zero carbon emissions by 2070 at COP26, Glasgow. Its new pledge includes increasing the country’s installed renewable capacity to 500 GW, meeting 50 percent of its energy requirements from non-fossil fuel sources, reducing carbon emissions by 1 billion tonnes, and bringing down the carbon emissions intensity of the economy by 45 percent from 2005 levels.

India, the third-largest emitter of carbon dioxide, aimed to reduce the economy-wide emissions intensity by 33-35 percent from 2005 levels by 2030, has set a target of 40 percent installed capacity from renewable energy resources. 

The dependency on non-renewal energy has increased degradational effects on the environment, which has caused huge concerns to countries worldwide. The alternative to pollution-causing thermal power plants is immediate shifting to renewable energy sources such as solar energy, wind energy, hydroelectricity to name a few. India, being the third-largest emitter of carbon dioxide behind China and the US, power generation companies in India aims to become green energy companies in India by optimizing resources with indigenous technology, a healthy transition commitment to climate change mitigation. Here, we will list the top renewable energy companies in India and their plans.

The top energy companies in India are seeing rapid expansion with consumption demand not foreseen. With that international coal, the price had increased more than three times recently, which resulted in a 38% decrease in imports but electricity consumption has seen an increase up by more than 24%. India recorded a power supply shortage of 1,201 million units in recent times, the highest in 5.5 years, due to a crunch in coal stocks available with thermal power companies in India. 

The solar manufacturing industry in India has seen a mammoth increase over the last decade. The Ministry of New and Renewable Energy (MNRE) latest data shows that India achieved 5th global position worldwide in solar power deployment. Solar power capacity has witnessed a jump by more than 11 times in the past five years from 2.6 GW in 2014 to 30 GW in 2019. Further, solar and wind tariff in India is becoming very competitive and has achieved grid parity. Grid parity occurs if our use of alternative energies like solar or wind costs less than, or equal to, the cost of consuming energy from traditional sources such as coal. 

Read Our Blog On How Solar Panels Work.

While the market for renewable energy companies in India is quickly growing, most of its demand (70 percent) is being met through imports from China and other foreign markets. The Indian Government wants to transition the market so that it relies on local suppliers. India with its voluminous population needs to promote the make in India initiative, providing an enormous boost to various domestic renewable energy companies in India.

Read Our Blog On Best Solar Mounting System Manufacturers In India.

Here we have tried to list down power generation companies in India who are making continuous investment and developments in the renewable energy market.

List Of Top Renewable Energy Companies In India

Here are the complete list of top renewable energy companies in India:

  • Loom Solar
  • Vikarm Solar
  • AMP Energy Indoa Private Limited
  • ReNew Power
  • NTPC
  • Reliance Power
  • Suzlon
  • Tata Power Solar
  • Adani Solar
  • Websol Energy Systems
  • Borosil Renewables
  • Virescent Renewable Energy Trust
  • Jindal-JSW Energy Ltd
  • Torrent Power
  • The Solar Energy Corporation Of India

Complete List Of Top Energy Companies In India:

1. Loom Solar

Loom solar

Loom Solar is a solar tech start-up, a manufacturer of solar panels and Lithium batteries based out of Faridabad, Haryana. It is an ISO 9001 – 2015 certified company and recognized startup by Govt. of India operational for last four years and an imminent leader in mono panel category, has announced its 50,000 solar-powered rooftops milestone across India.

It is present in 500 districts across India having 3500 resellers, 100 employees, 2 offices, and 1 Manufacturing unit. Loom Solar has won the prestigious gold and silver award in the 11th Annual 2019 Golden Bridge Business and Innovation Awards in the United States of America. It has been working closely at reducing carbon emissions and has the goal to reduce 3.32 lakh tonnes of carbon footprint contributing enormously in mitigating climate change equivalent to 5.6 lakh trees. 

  • Citing the 50,000 residential solar rooftops milestone, Amod Anand, co-founder & director, Loom Solar, said, “We are humbled and thank our 50,000 customers who have chosen to adopt solar power to give it back to nature. This gives us an opportunity to develop more energy-efficient systems thereby increasing the overall capacity of power per square meter for the solar panels. We shall keep introducing innovative and technologically advanced products for our customers.”
  • To further promote the adoption of solar power solutions, Loom Solar has also introduced assistance for its customers to avail EMI & Loan facility and has set up a dedicated team to help streamline the entire process.
  • Loom Solar has acquired many corporate clients through the years suck as World Health Organisation, ACC, Ecopia, Ador, Airtouch, Distronix, MB Control and Systems Pvt. Ltd., Nexleaf Analytics, Photon Play Systems among others.

Source: Construction Week Online

2. Vikram Solar

Vikram Solar

Vikram Solar, India’s largest solar PV module manufacturer with 2.5 GW is a leading solar energy solutions provider, specializing in efficient solar PV module manufacturing and comprehensive EPC solutions. With an international presence in 6 continents, the company is an active contributor in shaping the solar revolution across continents.

Carrying forward the extensive manufacturing experience of the Vikram Group, Vikram Solar, since 2006, is building on a 4-decade-old success story. A Tier 1 PV module manufacturer (Bloomberg ranking), and our products are designed using international standards of quality, reliability, and performance.

  • Kolkata-based module manufacturer and EPC solutions provider Vikram Solar has bagged a 300-MW solar plant project for Rs 1750 crore (US$ 250.39 million) from National Thermal Power Corporation Ltd (NTPC) under CPSU – II scheme in a reverse bidding auction.
  • According to the company’s press release, the solar plant will be spread across 1,500 acres in Rajasthan and is estimated to be complete in the next 18 months.
  • “Vikram Solar has had a long-standing business relation with NTPC. Previously, they have executed 50-MW solar plant project in Mandsaur, Madhya Pradesh and 130 MW solar project in Bhadla, Rajasthan for NTPC,” Mr Venkat Muvvala, Head of EPC and O&M, Vikram Solar, said.
  • So far, the company has handled a number of large utility-scale projects including 200 MW for APGENCO in Andhra Pradesh, 130 MW for NTPC at Bhadla-Rajasthan, 80 MW for GIPCL at Charanka- Gujarat and with on-going projects of 225 MW for NTPC at Bilhaur, UP.
  • The company’s annual PV module production capacity stands at 1.2 GW.

Source: IBEF (Indian Brand Equity Foundation)

3. Amp Energy India Private Limited

AMP

Amp Energy India is one of the fastest-growing renewable energy companies in India. Founded in 2016, has grown up to develop a portfolio of 1GW and presence across 15 states in India. Amp Energy India is one of India’s only triple play renewable developers (utility, distributed generation, and open access) and has acquired customers some of the leading corporates across diverse sectors such as Automobiles, Heavy Engineering, FMCG, Cement & Steel, Pharma & Healthcare, Data Centres and Govt institutions. Headquartered in New Delhi with approximately 200 employees.

  • In August 2021, Copenhagen Infrastructure Partners (CIP) signed an investment agreement with Amp Energy India Private Limited to facilitate joint equity investments of >US$ 200 million across Indian renewable energy projects.

Source: IBEF(Indian Brand Equity Foundation)

4. ReNew Power

ReNew Power

ReNew Power, founded by Mr. Sumant Sinha, in 2011, is the leading renewable energy company in India and the 10th largest in terms of operational capacity, globally. A Nasdaq listed company under ticker RNW; ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects.

With a total capacity of more than 10GW (including projects in the pipeline), ReNew Power’s solar and wind energy projects are spread across 110+ sites, with a presence spanning 8 states in India, contributing to 1.4% of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% of India’s total power sector emissions. In 10 years of its operation, ReNew Power has generated almost 1 lakh jobs, directly and indirectly. 

With 3.94 GW of commissioned and committed wind energy assets, ReNew Power has one of the largest portfolios among wind energy companies in India. ReNew Power is a leading solar power developer with a proven track record and a portfolio of 4.10 GW commissioned and committed utility-scale solar projects across India. With a capacity of 99 MW, ReNew has entered into the hydropower sector which is expected to play an important role in providing innovative renewable energy solutions for ReNew’s customers.

  • In June 2021, ReNew Power announced an agreement with the Precourt Institute for Energy’s ‘StorageX Initiative’ for the development of new energy storage system technology.
  • In May 2021, ReNew Power announced plan to build a solar cell and module manufacturing capacity in Gujarat.
  • In April 2021, the company announced that it has commissioned a 105 megawatt (MW) solar generation project in Gujarat.
  • In April 2021, the company announced its goal to achieve net-zero greenhouse gas emissions by 2050.
  • In April 2021, the company announced that it has commissioned a 110 megawatt (MW) solar- generation project in Rajasthan.
  • ReNew Power announced that it has commissioned a 300-megawatt (MW) wind power generation facility in Gujarat.
  • ReNew Power was named in the World Economic Forum’s (WEF) Global Lighthouse Network, which honours firms using emerging technologies to achieve environmentally sustainable, community-friendly and productive development.
  • In August 2020, ReNew Power and the UN Environment Programme (UNEP) inked an agreement to promote access to renewable energy and improve energy efficiency.
  • ReNew Power will invest Rs. 2,000 crore (US$ 271.99 million) in manufacturing solar cells in India
  • Acquired artificial intelligence and machine learning start-up Climate Connect
  • In 2019, Entered in agreement with South Korea based GS E&C to execute its 300 MW solar power plants in Rajasthan
  • At Vidya School, 5.12kW solar-rooftop system was inaugurated which was installed by ReNew Power
  • Received World Quality Congress Awards 2019 for Best Solar Utility of the Year and Best Solar Innovation
  • In 2019, ReNew Power announced commissioning of its 300 MW solar plant at Pavagada Solar Park in Karnataka.

Source: IBEF (Indian Brand Equity Foundation)

5. NTPC

NTPC

NTPC Limited is India’s largest power generation utility with roots planted way back in 1975 to accelerate power development in India. Since then it has established itself as the dominant power major with a presence in the entire value chain of the power generation business.

From fossil fuels, it has shifted into generating electricity through hydro, nuclear and renewable energy sources. NTPC wants to aim to play a major role in lowering its carbon footprint by reducing greenhouse gas emissions.

To strengthen its core business, the corporation has diversified into the fields of consultancy, power trading, training of power professionals, rural electrification, ash utilization, and coal mining as well. NTPC is a public company headquartered in New Delhi employing more than 10,000 individuals.  NTPC Ltd. country’s largest power generation company with an installed capacity of  67,907.5 MW. 

  • In July 2021, National Thermal Power Corporation Renewable Energy Ltd. (NTPC REL), NTPC’s fully owned subsidiary, sent out a tender to domestic manufacturers to build India’s first green hydrogen fueling station in Leh, Ladakh.
  • In April 2021, GE Power India’s approved the acquisition of 50% stake in NTPC GE Power Services Pvt. Ltd. for Rs 7.2 crore (US$ 0.96 million).
  • The NTPC is expected to commission India’s largest floating solar power plant in Ramagundam, Telangana by May-June 2022. The expected total installed capacity is 447MW.

Source: IBEF(Indian Foundation Equity Foundation)

6. Reliance Power

Reliance

Reliance Energy is the brand for the Mumbai distribution business of Reliance Infrastructure Limited. Reliance Infrastructure Limited is a constituent of the Reliance Group, one of the leading business houses in India. The company was incorporated in 1929, listed as a public company providing employment to 5,000 individuals.

Reliance Power distributes more than 36 billion units of electricity to over 30 million consumers across an area that spans over 1,24,300 Sq Kms and includes India’s two premier cities, Mumbai and Delhi. The company generates over 941 MW of electricity through its power stations located in Maharashtra, Andhra Pradesh, Kerala, Karnataka, and Goa.

Reliance power has been in the field of power distribution for over 83 years and has achieved the distinction of consistently operating its distribution network at 99.98 percent reliability and the aggregate system loss of just around 9.5 percent the best in the country by a fair margin and amongst best in the world.

  • In June 2021, Reliance Industries announced to invest Rs. 750,00 crore (US$ 10.07 billion) in the green energy segment.
  • Under the Green Energy plan, Reliance will set up a Dhirubhai Ambani Green Energy Giga Complex, spanning 5,000 acres, in Jamnagar, Gujarat, at ₹600 bn while another ₹150 bn will be invested in value chains, partnerships, and future technologies, including upstream and downstream industries.
  • The company will create a capacity of producing solar power of 100 GW in 10 years. The ambition is stunning as India’s installed capacity of solar power is now 40 GW (including ground mounted and rooftop).
  • Reliance Industries will set up four giga factories for integrated solar photovoltaic modules, advanced energy storage, an electrolyser factory for green hydrogen, and a fuel cell factory for converting hydrogen into motive and stationary power.

Source: IBEF (Indian Brand Equity Foundation)

7. Suzlon

Suzlon

A leader in wind energy space since 1995, Suzlon offers a 360-degree solutions package to its customers that covers the entire spectrum of wind energy projects. With over 12,170 wind turbines installed across six continents and 14 world-class, wind turbine manufacturing facilities in India, Suzlon wind energy solutions have become the byword for innovation and competitive advantage.

Providing an all-encompassing solution to wind-energy projects in the form of Wind Turbine Generators (WTGs) that are infused with state-of-the-art technology from their blades, nacelle, towers, and foundations. Suzlon’s two decades of expertise in providing renewable energy solutions and deep knowledge of wind energy has helped it to become one of the world’s largest and leading producers of wind turbines in the world. Suzlon Energy was founded in 1995 by Tulsi Tanti and is headquartered in Pune, Maharashtra, with an employee count of more than 10,000 individuals. 

  • In June 2021, Suzlon secured a contract for a 252 MW wind power project from CLP India. The project is expected to be commissioned in 2022.

Source: IBEF(Indian Brand Equity Foundation)

7. Tata Power Solar

Tata Power Solar

Tata Power, one of India’s largest Integrated Power companies, together with its subsidiaries and jointly controlled entities, has an installed/managed capacity of 13,061 MW. The Company has a presence across the entire power value chain – generation of renewable as well as conventional power including hydro and thermal energy.

With 4.2 GW of clean generation capacity from solar, wind, hydro, and waste heat recovery accounting for 32% of the overall portfolio the company is committed to clean energy generation. It has successful public-private partnerships in generation, transmission & distribution in India for a 1,050 MW Mega Power Project.

Tata Power is currently serving around 12 million consumers, with an aim on sustainable and clean energy development, Tata Power is steering the transformation into renewable energy sources. Reliance Power is a public company and currently, it has nearly 5,000 employees.

  • Tata Power Solar, subsidiary of Tata Power is consistently expanding its horizons in solar power play.
  • Earlier this month, Tata Power Solar, one of India’s largest integrated solar companies, received a Letter of Award (LoA) to build 100 megawatt (MW) of distributed ground mounted solar projects for Energy Efficiency Services.
  • In June 2021, Tata Power Solar secured a contract worth Rs. 686 crore (US$ 93.58 million) from the NTPC to build 210 MW projects in Gujarat.
  • In March 2021, JICA (Japan International Cooperation Agency) entered a loan agreement with Tata Cleantech Capital Limited (TCCL) for JPY 10 billion (US$ 90.31 million) to enable the firm provide loans to companies in India for renewable energy production, e-mobility solutions and energy conservation in order to help offset the effects of climate change by reducing greenhouse gas (GHG) emissions (in line with the Green Loan Principles).
  • Also, the firm has a portfolio of more than 7 GW of ground-mount utility-scale, and over 615 MW of rooftop and distributed generation projects across the country till date.

Source: IBEF (Indian Brand Equity Foundation)

8. Adani Solar

Adani Solar

Adani Solar (Mundra Solar PV Ltd) is the Solar PV manufacturing & EPC arm of the Adani Group, a $13 billion global conglomerate with businesses spanning across Resources, Logistics, Energy, Agri, and ancillary industries. Adani Solar is the first Indian company to vertically integrate businesses that offer services across the spectrum of photovoltaics manufacturing and integration.

Their state-of-the-art manufacturing facility with multi-level infrastructure is optimized for scaling to 3.5 GW of modules and cells under a single roof. Adani Solar is located in one of the world’s largest Special Economic Zones, which hosts the entire solar manufacturing ecosystem from polysilicon to modules. Adani Power (APL), a part of the diversified Adani Group, founded in 2006 is the largest private thermal power producer in India. The company has an installed thermal power capacity of 12,410 MW spread across six power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh, apart from a 40 MW solar power plant in Gujarat. Headquartered in Ahmedabad, Gujarat employing more than 5000 employees.

  • In May 2021, Adani Green Energy Ltd. (AGEL), signed share purchase agreements for the acquisition of 100% interest in SB Energy India from SoftBank Group (SBG) and Bharti Group. The total renewable portfolio is 4,954 MW spread across four states in India.
  • In March 2021, Adani Green Energy announced plan to acquire a 250 MW solar power project in the northern state of Rajasthan (commissioned by Hero Future Energies). The expected deal value stands at ~Rs.10 billion (US$ 136.20 million).
  • In March 2021, Adani Green Energy Ltd. (AGEL) signed a contract to acquire a 100% stake in SkyPower Global’s 50 MW solar power project in Telangana. This would increase its operational renewable capacity to 3,395 MW, with a total renewable portfolio of 14,865 MW.
  • Adani Solar has 3.5 GW of annual solar photovoltaic production capacity while Adani Green Energy has a portfolio of 25 GW of commissioned and under construction projects.
  • Recently, Gautam Adani, chairperson of Adani Group, sealed the largest deal in India’s renewable sector with acquisition of SB Energy for US$3.5 bn.

9. Websol Energy Systems

Webel Solar

Websol Energy System Ltd. (formerly Webel SL Energy Systems Ltd.) is a leading manufacturer of photovoltaic monocrystalline solar cells and modules in India. Mr. S L Agarwal in the year of 1990 founded this company with a joint venture with the State Government of West Bengal.

Websol found a small Production facility at Saltlake Sec-V. and now a state-of-the-art integrated production facility at Falta SEZ, Sector-II, Falta, West Bengal, employing more than 200 individuals, Websol has steadfastly delivered advanced and excellent products since 1994 – a commitment to quality that our customers worldwide have come to trust. Over the years the company has established a reputation for making highly reliable photovoltaic modules for various domestic, commercial, and industrial applications.

  • Websol Energy System Ltd. is a leading producer of Solar Photovoltaic Cells and Modules in India. It is one of the fastest-growing companies within the solar photovoltaic industry in India with a 30 percent annual growth rate and a 10 MW manufacturing facility for cells and modules.
  • Solar cells are being produced at the company’s state–of–the–art integrated production facility in Kolkata with automated processes and a unique captive technology. In this integrated production system, Webel Solar produces high efficiency photovotaic cells and modules using mono–crystalline silicon wafers. A high standard of quality is maintained throughout the entire process of making cells to modules.
  • Websol Solar has established the reputation for making highly reliable photovoltaic modules for various domestic and commercial applications. All Webel Solar’s modules are suitable for grid-connected and stand-alone power plants of high performance and reliability.

10. Borosil Renewables

Borosil Renewables

Borosil Renewables Ltd. is the first and only solar glass manufacturer in India. A part of the Borosil group which is well-known for the brand “BOROSIL” manufactures a range of labware, scientific ware, and consumer ware products. Recently expanded the existing production capacity to 2.5 GW per annum.

Won a National Award 2021 for Successful Commercialisation of Indigenous Technology Known for the pioneering achievements like the development of the “World’s First” fully tempered 2 mm thick solar glass, Solar glass with the lowest iron content giving the highest glass efficiency, “World’s First” Antimony-free solar glass.

Recently launched new products like Selene: an Anti-glare solar glass suitable for PV installations near airports, Shakti: a very high-efficiency solar glass in the matt-matt finish, The solar glass with Anti-soiling coating. Borosil Renewables has been working since 2010 and provides employment to more than 500 individuals, headquartered in Mumbai, Maharashtra.

  • Borosil Renewables, the sole domestic manufacturer of solar panel glass, is doubling its capacity to 900 tonnes per day with an investment of Rs 500 crore, a top company official has said.
  • The company is working on the next expansion to add another 2.5 GW equivalent and be a 5.0 GW equivalent solar glass manufacturer by Q1 FY22.
  • The city-based company, a part of the Borosil Group that is the market leader in laboratory glasses and other consumer glasses, currently has a 450-tonne per day solar panel glass capacity at its Baruch plant, which is enough to power 2.5 GW of solar power plants.
  • Pradeep Kheruka, Chairman, Borosil Renewables in an interview with CNBC TV18 said, “We have a very robust production base in India now, of about 11 GW of solar modules versus our 2.5 GW of capacity, and 5 GW going forward. So, there is more than enough module manufacturing going on in the country.”

11. Virescent Renewable Energy Trust

Virescent

Virescent Infrastructure is a renewable energy platform backed by a leading global investment firm (KKR) in India. Headquartered in Mumbai, Virescent is established to acquire operating assets and leverage investment opportunities in the fast-growing renewable energy sector. The launch of Virescent comes as renewable energy is expected to become an increasingly important energy source for India. It is estimated to comprise approximately 60% of India’s installed power capacity by 2030, from around 24% at present, and has emerged as the top power company in India.

  • In May 2021, Virescent Infrastructure, acquired 76% of India’s solar asset portfolio of Singapore-based Sindicatum Renewable Energy Company Pvt. Ltd.

12. Jindal-JSW Energy Ltd

JSW Energy

JSW Energy Limited is amongst India’s leading private sector power-producing companies that believe in the efficient utilization of all available resources. Founded in 1994 by Sajjan Jindal, Headquartered in Mumbai, Maharashtra, employing nearly 5,000 individuals. gJSW Energy generates 4,559 MW, out of which 3158 MW is thermal power,1391 MW is hydropower, and 10 MW solar power.

  • In April 2021, Central Electricity Authority approved the uprating of JSW Energy Karcham Wangtoo hydro power plant to 1,091 megawatt (MW) from 1,000 MW.
  • BC Jindal Group’s Jindal India Solar Energy has been selected as the beneficiaries of the production-linked incentive (PLI) scheme for solar panel manufacturing.
  • Will set up around 12,000 megawatt (MW) of manufacturing capacities along with EPC contractor Shirdi Sai Electricals and  Reliance New Energy Solar under the scheme, and receive a combined incentive of Rs 4,500 crore.

13. Torrent Power

Torrent Power

Torrent Power is one of the leading brands in the Indian power sector. With an all-around experience in generation, transmission, and distribution of power, and a proven track record of implementing large power projects, Torrent Power is the most experienced private sector player located in Gujarat.

Torrent Power has a generation capacity of 3879 MW and distributes over 15 billion units of power annually to Ahmedabad, Gandhinagar, Surat, Dahej, Bhiwandi, and Agra. And for over 3.65 million consumers in these cities, Torrent Power has evolved into a lifeline that continues to empower their lives – uninterrupted.

  • Torrent Power’s acquisition of 100 per cent share capital of Surya Vidyut, a wholly-owned subsidiary of RP-Sanjiv Goenka Group’s CESC with an estimated enterprise value of ₹790 crore. Surya Vidyut operates 156 MW wind power plants, spread across Gujarat, Rajasthan and Madhya Pradesh.
  • Torrent Power has entered into a share purchase agreement (SPA) with CESC, Haldia Energy and other nominal shareholders for the stake buy.
  • Torrent Power, currently, has an aggregate installed generation capacity of about 3,879 MW comprising about 2,730 MW gas‐based capacity, approximately 787 MW renewable capacity and about 362 MW coal‐based capacity. Further, renewable power projects of close to 815 MW are under development, of which LOAs have been received and PPA has been executed for projects of 515 MW.
  • With the acquisition of 156 MW wind power plants, Torrent Power’s total generation capacity, including under development portfolio, will reach to around 4.9 GigaWatt (GW) with a renewable portfolio of more than around 1.8 GW.

14. The Solar Energy Corporation of India

Solar Energy Corporation Of India Limited

Solar Energy Corporation of India Ltd. (SECI) is a CPSU under the administrative control of the Ministry of New and Renewable Energy (MNRE), set up on 20th Sept 2011 to facilitate the implementation of JNNSM and achievement of targets set therein. It is the only CPSU dedicated to the solar energy sector. It was originally incorporated as a section-25 (not-for-profit) company under the Companies Act, 1956.

However, through a Government of India decision, the company has recently been converted into a Section-3 company under the Companies Act, 2013. The mandate of the company has also been broadened to cover the entire renewable energy domain.

The company is responsible for the implementation of a number of schemes of MNRE, major ones being the VGF schemes for large-scale grid-connected projects under JNNSM, solar park scheme, and grid-connected solar rooftop scheme, along with a host of other specialized schemes such as defense scheme, canal-top scheme, Indo-Pak border scheme, etc. In addition, SECI has ventured into solar project development on a turnkey basis for several PSUs. The company also has a power-trading license and is active in this domain.

  • The Solar Energy Corporation of India (SECI) implemented large-scale central auctions for solar parks and has awarded contracts for 47 parks with over 25 GW of combined capacity.

Conclusion 

Renewable energy is an integral part of India’s current and future energy policy. If India follows the ambitious plan it has volunteered for, it can achieve the aimed dual goal of economic development and green-energy production, which is surely within the arena of possibility. It has been over 100 years that we are depended on fossil fuel gulping thermal power plants, churning out pollution causing toxic smoke and industrial waste, cluttering all of our rivers and oceans.

We have made huge contributions in increasing the global temperature by many folds, resulting in global warming and heat-trapping ozone layer depletion. Now, it’s high time that we drive our efforts towards saving the Arctic glaciers or degrade our planet to the possibility of submerging everything under the polluted water.

India has pledged for net-zero carbon emissions by increasing the country’s installed renewable capacity to 500 GW, meeting 50 percent of its energy requirements from non-fossil fuel sources, reducing carbon emissions by 1 billion tonnes, and bringing down the carbon emissions intensity of the economy by 45 percent from 2005 levels.

To achieve this target, power producers in India are moving towards renewable energy manufacturing. We have tried to list top power companies in India trying to bring change. We have gone through the various investments and developments made and announced by the power-producing corporations towards renewables and have covered all the possible types of renewables such a solar, wind, and hydroelectricity.

This list has been prepared to provide you with updated information on top renewable energy companies in India and their plans help you to decide where to invest your money and why you should choose solar energy and wind energy over conventional energy options.l

Lastly, we end this post with a simple request. If you have any queries regarding renewable power and associated manufacturers, please don’t forget to leave your query in the comment section below.

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