Shreya Vishnoi
Here is a list o the Top 8 Alternative Energy/Clean Technology Companies in India. It is a subjective list and should be regarded as such. They mainly works to secure the future of clean energy in the country by aiding and design as well as implementation of policies that support energy efficiency and renewable energy.
Source: http://shaktifoundation.in/
Suzlon Energy is the biggest Wind Energy Company by far with 4-5 Gigawatts of WTG Capacity per year.Its subsidiaries Hansen Transmission and RePower are also big players in the Wind Energy in Europe.The Company has seen its revenues and profits take a huge hit in recent times but has been recovering.
This is one of the biggest Green Utilties in India with around 200 MW of Electricity Capacity predominantly in small hydro and biomass plants.It is listed London’s AIM Exchange and has a top notch managment team.Its recent performance has been quite good and it is expanding rapidly.
This Chennai based company is the largest Green Utility in India with more than 200 MW of Renewable Energy Capacity mostly in Wind and Biomass.The company came out with one of the biggest IPOs in India in 2010.
The company is part of the Baba Kalyani Group which is a major forgings manufacturer in India.It was bought over in 2007,when the Kalyani Group and PE firm First Reserve bought over the German company RSB Consult.The Company mainly makes 2 and 2.5 MW turbines and has production facilities both in India and Germany.
Shakti Sustainable Energy Foundation is a non-profit organization that mainly works to secure the future of clean energy in the country by aiding and design as well as implementation of policies that support energy efficiency and renewable energy. Shakti works closely at the national, regional and local levels to originate new policies and build up a new energy industry in India. It brings together experts from all the sectors - industry, academia, law, finance, civil society, think tanks, and many more.
This is primarily a Solar Panel Production Company which has recently made a big bet to get into the Power Production Space as well.Moser Baer Projects Private in which the Blackstone Group made a $300 million bet has plans of a 20:80 mix of Green and Dirty Power.
The biggest private utility in India has big plans for Clean Energy as well.Its subsidiary Tata BP Solar is one of the biggest producers of solar panels and cells in the country.The company has huge plans in wind,solar and geothermal energy.It has also invested in a geothermal energy project in Indonesia..
The biggest utility in India will obviously be a big renewable energy generator in the future as well.While currently it does not have much of renewable energy capacity,it has lined up massive investments in hydro and solar power.Its trading arm NVVN is the nodal agency for dispersing funds for solar plants under JNNSM.
