Top Power Companies in India

India’s Power generation is set to see a phenomenal boom within next five years. NTPC being the leader among all is now followed by several other power companies in India who are equally competent and determined to bring a revolutionary change in the current scenario of India’s electricity supply. Using coal, gas, hydel, hydro, nuclear and other such things, power generation plants are aiming to reach electricity to cent percent of Indian regions.

H2:Top ten power companies in India: Power companies in India are many. Post Indian Independence, there were several developments in the power generation fields. Some of the best power companies in India are:

NTPC:

NTPC is the biggest name in India’s Power Generation sector. It is a state owned company. The company has a power generation capacity of 33GW. It aims to double its capacity of power generation to 75GW by 6 years. Initially, NTPC depended mainly on coal and gas for power generation but it has extended and entered into other power generating sectors too with time. The company is now venturing into hydel, solar, gas and nuclear power generations. Being the oldest running plants, it has an advantage over other power companies of India. As far as market share is concerned, NTPC is one of the favorite stocks among thousands.

Adani Power:

Adani Power Limited belongs to Adani Group. The company operates with a power capacity of 1980mw. It is presently operating power projects in Maharashtra with a power capacity of 3300MW.The company also owns a similar power plant with a generation capacity of 1320MW in Rajasthan. It also owns a critical power plant in the state of Gujarat. Coal mines are brought from outside the nation for power generation by the Adani Group.

Reliance Power

: Reliance launched its fresh venture into Power generation very recently. As a part of the ADAG Group, the company came into being prior to the sub-prime crisis in 2008. Since then, the company is on expansion. The power company is raising its capital from Chinese Banks. The power generation equipments are ordered from Dongfang Electric. The company is venturing into hydro, coal and gas power plants. The power generating plants are having a capacity of 34000 MW. Reliance Power aims to construct power plants with a capacity of 35GW. Reliance Power has also ventured into solar thermal projects.

Nuclear Power Corporation of India:

Nuclear Power Corporation of India or NPCIL is a state owned power generation company. It mainly focuses on nuclear power generation and projects. He company has Nuclear Power plants in six different emplacements. These power plants have a nuclear capacity of 4.5GW. Nuclear Power Corporation of India is planning to expand adding 2GW nuclear capacity. It is planning to set up plants in other parts of the country.

Tata Power:

Tata Power is one of the biggest names in the private sector power companies in India. The company is a multiple provider in power sector. It ventures in hydro, thermal, wind and solar sectors. The company indulges in power generation, transmission and distribution. The power generation is to a maximum of 3 GW. With a number of power transmission projects and other power projects Tata Power is slowly ascending high up in the race of becoming the best power company in India.

Damodar Valley Corporation:

Damodar Valley Corporation or DVC is a company with multiple interests. It is a state owned organization. The company takes part in different ventures such as power generation, power transmission and distribution. It also participates in irrigation and flood control. Hydro-electric power stations for DVC are located in Panchet, Tilayia and Maithon. These run with a capacity of 144MW. The company’s thermal power projects are on expansion. DVC aims to reach a power generation level of 11000 MW till the year 2012.

NHPC:

NHPC is a government owned hydro power company. It is one of the most renowned power companies in India after NTPC. The organization is currently dealing with hydel generation and aims to increase power generation in India till 5GW. NHPC is ISO certified. Initially, the company stocks were at high but low earnings have resulted to the stocks going down gradually. As a power generation company though, NHPC has gained several accolades for providing power to numerous area.

CLP Power:

Being one of the most renowned companies in Asia Pacific’s power sector, CLP India Private Ltd is a part of the CLP Holdings. In Wind Power, the company is the biggest foreign investor. Its ventures are spread over 5 states in the nation. The company has 450MW of projects in wind power. The company also has a gas power plant. It is situated in Gujarat. The company owns coal based power plant. These power plants are in developing stage and have 1320MW worth of power. The plants are situated in Haryana.

Torrent Power:

Torrent Power has its base in Gujarat. The company deals with power generation and power transmission. The company gives out power to Gandhinagar, Surat, Agra, and Ahmedabad. Torrent Power is expanding its services to states of Uttar Pradesh and other parts of Gujarat.

Lanco Infratech:

Lanco Infratech is a power company based in Andhra Pradesh. It’s a fast developing company that has emerged in the private sector as a power developer company. It has a capacity of developing 2GW and 18 GW of power. The company took over Carpenter Mine Management and Griffin Coal Mining Company.