About Power Generation
26 Aug 2026Power Generation is one of 5 industries in the Power sector. Solomo tracks 35 listed companies classified as Power Generation on India's NSE and BSE, out of 48 in the Power sector. Their combined market capitalisation was ₹10,58,003 crore (₹10.58 lakh crore) on 26 Aug 2026, 48.1% of the Powersector's total and the largest of its 5 industries by market value. All 35 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are NTPC Ltd (₹3,34,050 crore), Adani Green Energy Ltd (₹2,53,056 crore) and JSW Energy Ltd (₹1,01,447 crore).
Median trailing P/E across the 31 companies with a reported ratio is 17.2, and median return on capital employed (ROCE) across 35 companies is 6.6%.
2 of them rank among the 100 largest listed companies in India by market capitalisation on 26 Aug 2026: NTPC Ltd (#23) and Adani Green Energy Ltd (#38).
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| NTPC Ltd | ₹3,34,050 Cr | 12.3 | 8.0% |
| Adani Green Energy Ltd | ₹2,53,056 Cr | 153.2 | 6.6% |
| JSW Energy Ltd | ₹1,01,447 Cr | 45.3 | 7.2% |
| NHPC Ltd | ₹80,210 Cr | 21.3 | 5.2% |
| NTPC Green Energy Ltd | ₹79,283 Cr | 151.7 | 3.0% |
| NLC India Ltd | ₹43,637 Cr | 12.4 | 9.9% |
| SJVN Ltd | ₹27,858 Cr | 43.4 | 5.1% |
| ACME Solar Holdings Ltd | ₹26,639 Cr | 53.4 | 6.6% |
| Nava Ltd | ₹16,974 Cr | 21.6 | 13.8% |
| Vedanta Power Ltd | ₹16,369 Cr | 26.7 | 8.2% |
| Clean Max Enviro Energy Solutions Ltd | ₹15,610 Cr | 246.6 | 5.2% |
| Jaiprakash Power Ventures Ltd | ₹11,665 Cr | 25.8 | 6.9% |
| Reliance Power Ltd | ₹10,381 Cr | — | 5.7% |
| KPI Green Energy Ltd | ₹7,993 Cr | 16.9 | 10.6% |
| GMR Power & Urban Infra Ltd | ₹7,713 Cr | — | 10.6% |
| Inox Green Energy Services Ltd | ₹7,691 Cr | 74.5 | 9.2% |
| RattanIndia Power Ltd | ₹4,822 Cr | 92.0 | 5.7% |
| Insolation Energy Ltd | ₹2,752 Cr | 13.7 | 15.3% |
| Ujaas Energy Ltd | ₹2,752 Cr | 13.7 | 15.3% |
| Gujarat Industries Power Co Ltd | ₹2,538 Cr | 6.3 | 4.3% |
Other industries in Power: Integrated Power Utilities (6), Power - Transmission (4), Power Distribution (2) and Power Trading (1).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 26 Aug 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.