Green Energy: Which Among the 6 Stocks Is Leading India’s Wind Energy Race?

Synopsis: Suzlon, Inox Wind, JSW Energy, Adani Green, Tata Power, and NTPC are competing to scale wind capacity, shaping India’s renewable growth and defining leaders in the country’s wind race.

India’s wind energy sector is growing fast as the country pushes toward cleaner and more sustainable power. Several major companies are leading this transition by expanding their wind capacity and investing in large-scale renewable projects. This article looks at the top six wind energy companies in India and compares their operational capacities, highlighting who is currently leading the race in wind power. Here are the operational capacities of a few wind energy companies

Suzlon Energy Limited

With a market capitalization of Rs. 60,261.76 crore, the shares of Suzlon Energy Limited were currently trading at Rs. 43.94 per equity share, down nearly 0.68 percent from its previous day’s close price of Rs. 44.24. Suzlon Energy Limited is one of the world’s leading wind energy companies, with about 21.5 GW of wind power capacity installed across 17 countries. 

In India, the company has a strong presence in all major windy states, with an installed base of over 15.5 GW as of December 31, 2025. Suzlon operates more than 10,000 wind turbines across 99 sites nationwide. This wide network helps generate clean, renewable energy at scale, supporting India’s transition toward sustainable power.

Suzlon Energy Limited was founded in 1995 and is one of India’s largest renewable energy companies focused on wind power solutions. The company designs, manufactures, installs, and maintains wind turbines. Suzlon helps utilities and industries generate clean electricity and supports India’s transition toward sustainable and affordable renewable energy.

Inox Wind Limited

With a market capitalization of Rs. 16,686.14 crore, the shares of Inox Wind Limited were currently trading at Rs. 96.60 per equity share, rising nearly 0.36 percent from its previous day’s close price of Rs. 96.25.

Inox Wind Limited is a major player in India’s renewable energy sector. Its subsidiary, Inox Green Energy Services, is one of the country’s leading operations and maintenance providers, managing a portfolio of about 13.3 GWp of renewable assets. 

The portfolio includes roughly 10 GW of wind power and 3.3 GWp of solar capacity. The company currently has a strong order book of around 3.2 GW, giving clear revenue visibility for the next 18-24 months.

Inox Wind Limited was established in 2009 and is a leading wind energy solutions provider in India. The company manufactures wind turbine generators and offers project development, installation, and maintenance services. Through its renewable projects, Inox Wind supports clean energy production and helps expand India’s green power infrastructure.

JSW Energy Limited

With a market capitalization of Rs. 84,740.55 crore, the shares of JSW Energy Limited were currently trading at Rs. 484.85 per equity share, down nearly 0.29 percent from its previous day’s close price of Rs. 486.25.

JSW Energy Limited has built a strong renewable portfolio with wind energy playing an important role in its clean power strategy. The company currently operates about 3.648 GW of wind capacity, making it one of the key contributors to its total installed capacity of 13,336 GW.

JSW Energy Limited was founded in 1994 and is part of the JSW Group and operates power generation assets across India. The company produces electricity from thermal, hydro, solar, and wind sources. It focuses on expanding renewable energy capacity and building a balanced, sustainable power portfolio for long-term growth.

Adani Green Energy Limited

With a market capitalization of Rs. 1,59,570.19 crore, the shares of Adani Green Energy Limited were currently trading at Rs. 968.75 per equity share, down nearly 0.20 percent from its previous day’s close price of Rs. 970.65.

Adani Green Energy Limited reported strong operational growth in the first 9 months of FY26, reaching a total operational capacity of 17,238 MW. This includes about 11,943 MW of solar, 2,176 MW of wind, and 3,121 MW from hybrid projects. The steady capacity expansion reflects AGEL’s rapid scale-up in renewable energy and strengthens its position as one of India’s largest clean power producers.

Adani Green Energy Limited was established in 2015 and develops and operates large-scale renewable power projects. The company focuses on solar, wind, and hybrid energy solutions. It is one of India’s fastest-growing clean energy companies, helping supply green electricity and supporting the country’s goal of reducing carbon emissions.

Tata Power Company Limited

With a market capitalization of Rs. 1,20,624.07 crore, the shares of Tata Power Company Limited were currently trading at Rs. 377.50 per equity share, down nearly 0.38 percent from its previous day’s close price of Rs. 378.95.

Tata Power Company Limited has a total power capacity of 26,346 MW, including 16,310 MW operational and 10,036 MW under construction, all focused on clean and green energy growth. Within its operational portfolio, the company runs 1,221 MW of wind capacity, alongside 4,906 MW solar, 880 MW hydro, 443 MW waste heat recovery, and 8,860 MW thermal power.

Tata Power Company Limited was founded in 1915 and is one of India’s oldest and largest integrated power companies. It generates electricity from thermal, hydro, solar, and wind sources. The company is expanding its renewable energy business and works to deliver reliable, affordable, and cleaner power across India.

NTPC Limited

With a market capitalization of Rs. 3,64,594.65 crore, the shares of NTPC Limited were currently trading at Rs. 376 per equity share, rising nearly 0.15 percent from its previous day’s close price of Rs. 375.45.

NTPC Limited Group has a total operational capacity of 85,637 MW, with wind energy contributing 830 MW. While wind currently forms about 1 percent of the portfolio, it represents NTPC’s steady push toward renewable diversification alongside its core generation base. The group also operates 8,595 MW solar, 4,507 MW hydro, 6,511 MW gas, and 65,194 MW coal capacity.

NTPC Limited was established in 1975 and is India’s largest power generation company. It mainly produces electricity from coal but is rapidly growing its renewable energy portfolio. NTPC invests in solar, wind, and hydro projects to support clean energy goals and ensure long-term energy security for the country.

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