Top 5 Renewable Energy Stocks India; Supercharge Your Portfolio 2025

Best renewable energy stocks India: I have brought another sector that can be very profitable for investors. The Government of India has given a strong boost to the renewable energy sector in the budget for the financial year 2025-26, which has accelerated India’s green energy revolution. This year, the government has allocated a budget of 26,549 crores to the Renewable Energy sector through the MNRE (Ministry of New and Renewable Energy), which is 53% more than last year, meaning the government has prioritized this sector significantly.

This is the reason why renewable energy stocks are being discussed in 2025, and the net-zero pledges of COP30 (Brazil, May 2025) have propelled this sector upward like a rocket. Here, I am talking about the best renewable energy stocks in India: Tata Power, Adani Green Energy, Suzlon Energy, NTPC Green Energy, and Knox Wind. Tata Power’s Q1 FY26 revenue is up 12%, and Adani Green’s PAT is up 20%. The India-Pakistan ceasefire (12 May) and Sensex (~81,148, 1% up) have instilled confidence in the market.

The best renewable energy stocks in India for 2025 show a new craze among retail investors, as India’s 500 GW renewable target is set for 2030. Hook: “These 5 green stocks will supercharge your portfolio!” In this post, we will share the top 5 picks, their financials, and growth potential. Start trading on Zerodha or Groww. Ready? Let’s invest in the future of green energy!

Why Renewable Energy Stocks India Are Booming in 2025

Best Renewable energy stocks India are booming because the government has focused a lot on this sector in this year’s budget for 2025 and has launched many schemes, some of which we will see here.

  • A record budget allocation of ₹26,549 crore has been made (a 53% jump from 2024).
  • PM Suryagar Yojana: Free rooftop solar lamps will be provided in 1 crore houses.
  • Green Hydrogen Mission: ₹600 crore will double the growth
  • PM-KUSUM Yojana: Solar pumps for farmers will boost rural energy
  • Green Energy Corridor: ₹6,000 crore for better power grid integration.
  • There will be rapid cost reductions and innovation in solar and electric vehicle technology.

Retail and foreign institutional investors both have high interest in clean energy stocks. The Net-Zero 2070 target means long-term policy support will be there.

Big movers Green energy stocks 2025 : Adani Green, Suzlon, Inox Wind. Tata Power, NTPC Green Energy.

Keeping all these points in mind, I have chosen this sector that can yield good profits for investors. I have selected my best Renewable energy stocks India. Have you heard of it? Let me know in the comments.

Top 5 Renewable Energy Stocks India Watch in 2025

renewable energy stocks India

So let’s now see the best renewable energy stocks in India, which are the leading green energy stocks of 2025 in this sector, where we can make tremendous profits by investing in budget 2025 green stocks that have the ability to double the investment. Do you want to double your investment?

1. Tata Power

First of all, let us look at Tata Power’s stock performance (until 2025). Tata Power has shown good performance in the last few quarters, especially in the renewable energy segment, and the stock has maintained a steady upward trend, giving decent returns to investors in the long term. The company is reducing its debt, which is a positive signal for the long term. The fundamentals of the company are stable; revenue and profit growth have remained consistent, and the management has also provided clear guidance.

Now let us look at the Budget 2025 allocation. In Budget 2025, green stocks have received a major push for renewable energy, such as a high allocation for solar and wind energy.

  • Focus has also been given to green hydrogen.
  • EV infrastructure, and grid modernization.
  • Companies like Tata Power can benefit directly from this because their work is in these sectors.

Focus has also been given to green hydrogen,
EV infrastructure, and grid modernization.
Companies like Tata Power can benefit directly from this because their work is in these sectors.

Tata Power is the best renewable energy stock that is actively expanding its renewable energy portfolio, with a goal of having 43% of its energy generation from green sources, including solar, wind, and hydropower. The company has pledged to invest heavily in renewable energy, aiming for a 23 GW capacity by FY30 and dedicating a significant portion of its capital expenditure to this goal. It is also involved in developing and implementing hybrid renewable energy projects, combining solar, wind, and battery storage.

2. Adani Green Energy

Best renewable energy stocks in India: We will see the performance of Adani Green Energy, the impact of Budget 2025, and important points. Adani Green Energy has shown strong financial performance in FY25, with a profit of ₹2,001 crore, a 59% year-on-year increase. Their operational capacity also grew by 30% to 14.2 GW. The company plans to add 5 GW of new clean energy capacity in FY26 with a capex of $3.64 billion.

Let’s look at the impact of Budget 2025 on green energy stocks. The government has given heavy focus to renewable energy.

  • Solar Projects: A budget of ₹24,000+ crore has been allocated.
  • PM Surya Ghar Yojana: ₹20,000 crore – in which 10 million households will receive free solar electricity
  • Infrastructure boost: ₹1.5 lakh crore for grid modernization and clean energy infrastructure.

All of these can become a direct benefit for companies like Adani Green. Why can we invest in it? Future Vision: Adani Green has a target of 45 GW renewable capacity by 2030. The revenue growth and profit growth of the last 5 years have been strong (127% CAGR), and the company’s debt is high, while the interest coverage ratio is low.

This means handling the debt can be a bit tough. Adani Green is a high-risk, high-reward type of stock. If you are a long-term investor and believe in the renewable energy growth story, then you can keep it on your watchlist. But choose the entry point carefully and maintain diversification.

3. Suzlon Energy

The 2025 Union Budget saw a significant increase in allocation to renewable energy, which could positively impact Suzlon Energy. The Ministry of New and Renewable Energy (MNRE) received a substantial allocation of Rs 26,549.38 crore, a 53.48% increase compared to the previous year. The best renewable energy stocks in India now let us look at Suzlon Energy, which is a leading renewable energy company in India that provides wind energy solutions. This company deals with wind turbine manufacturing, installation, operation, and maintenance, mainly in India but also has a global presence.

Budget 2025 green stocks Government’s Focus Budget 2025 Suzlon Energy. The Indian government has made many important announcements to boost renewable energy that directly benefit companies like Suzlon.
Renewable energy stocks in India, more than ₹20,000 crore has been allocated for the sector, which also includes wind energy projects.

  • PM-Surya Ghar Muft Bijli Yojana; Solar focus was more, but grid infrastructure improvement will benefit the wind sector as well, which will help Suzlon’s hybrid projects.
  • Wind Energy Corridors Expansion; There is a plan to expand wind corridors in coastal areas, which can directly benefit Suzlon, as it has expertise in regions like Gujarat and Tamil Nadu.
  • Custom Duty Waivers on Renewable Components; Import duty waivers on some wind turbine components have also been mentioned in the Budget; this can reduce Suzlon’s manufacturing cost.

It is seen that this budget can give a growth push to Suzlon Energy through new orders, cheap manufacturing, and policy support. If you are an investor, it may be worth keeping an eye on fundamentally strong renewable energy stocks like Suzlon.

4. NTPC Green Energy

Best renewable energy stocks in India: NTPC Green Energy Limited (NGEL) is a subsidiary of NTPC, which focuses only on green energy, i.e., renewable energy (solar and wind power). The main business of this company is to develop and run solar and wind power plants, sell electricity generated from them, and let me tell you that the goal of NGEL is to achieve 60 GW of renewable energy capacity by 2032, for which it currently has a portfolio of 14,696 MW (3,071 MW operational solar, the rest wind and developing projects).

The company is also exploring new projects like floating solar, hybrid energy, and green hydrogen/ammonia. NTPC Green Energy supplies its electricity directly to DISCOMs through long-term Power Purchase Agreements (PPAs) and to industrial customers or joint ventures (such as with IndianOil). This means that NTPC Green Energy’s core business is to provide clean, sustainable, and reliable green energy solutions while supporting India’s energy transition.

Budget 2025 Allocation & Impact

  • A capex allocation of ₹35,460 crore has been announced for the renewable energy sector in Budget 2025, which will indirectly benefit companies like NTPC Green Energy.
  • After the Budget announcement, the stock of NTPC Green Energy went up by 5% in a day.
  • Sector-wide sentiment is also positive, as both the budget and strong quarterly results have supported the stocks.

So, while looking at all the information in the news, I have chosen the best renewable energy stocks in India: NTPC Green Energy stock, which is outperforming in the short term; Q4 results are also strong, and the renewable energy allocation of Budget 2025 can give a boost to future growth for the company.

5. Inox Wind

Now I will tell you about Inox Wind, the best renewable energy stock in India, and also about its business. Inox Wind India is a big company that works in the field of wind energy and makes wind turbines, which generate electricity from the wind. This company not only makes turbines, but also does their installation, maintenance, and operation.
The special thing is that Inox Wind has projects in many states of India, like Gujarat, Rajasthan, Maharashtra, and Karnataka. The company has also had its technology certified at the international level, which increases quality and trust.

Now let’s see what benefit Inox Wind has received in the Budget 2025 green energy stocks.

  • In Budget 2025-26, the government has allocated ₹35,460 crore for the renewable energy sector, which is 11.8% more than last year.
  • This will provide more funding and support to wind energy companies like Inox Wind.
  • As the government’s focus increases on green energy, Inox Wind’s projects and expansion opportunities will also increase.

Due to this budget allocation, the confidence of investors is also increasing, which is a positive sign for the company. If we look closely, Inox Wind is a strong player in wind energy that supplies environment-friendly power by building turbines and running their projects. Receiving more money for renewable energy in Budget 2025 will give Inox Wind new opportunities for growth and help in achieving India’s green energy goals. So, what do you think about renewable energy stocks in India? Do tell us in the comments.

ALSO READ; Top IPOs to Watch in 2025

How to Invest in Renewable Energy Stocks India

Renewable energy stocks are booming due to Budget 2025’s ₹26,549 crore allocation (53% YoY increase) for the Ministry of New and Renewable Energy (MNRE), targeting 500 GW capacity by 2030. Key initiatives include ₹24,000 crore for solar, ₹20,000 crore for PM Surya Ghar Yojana (10 million solar households), and ₹1.5 lakh crore for grid modernization. COP30’s net-zero pledges (Brazil, May 2025) and India’s green hydrogen push add momentum. Q1 FY26 earnings show strength: Tata Power’s revenue rose 12% to ₹17,623 crore, and Adani Green’s PAT grew 20% to ₹2,001 crore. The India-Pakistan ceasefire (12 Aug 2024) has stabilized markets, with Sensex (~81,168) and Nifty (~24,833) up 1% (30 May 2025, 5paisa). Google Trends reports a 50% spike in “renewable energy stocks India” searches, reflecting retail investor interest. This sector offers high growth but comes with risks like high debt and regulatory shifts.

Conclusion

The best renewable energy stocks in India for 2025, including Tata Power, Adani Green, Suzlon, NTPC Green, and Inox Wind, are set to supercharge your portfolio. Budget 2025’s ₹26,549 crore green energy allocation and COP30’s net-zero pledges have fueled this sector’s rise. Q1 FY26 shows Tata Power’s revenue is up 12% and Adani Green’s PAT is up 20%. With a stable Sensex (~81,168, 1% up) and the India-Pakistan ceasefire boosting confidence, now’s the time to invest. Start on Zerodha or Groww: [Groww link]. Check my “IT Stocks” post: [link]. Disclaimer: “Not financial advice, per SEBI regulations.” Which green stock is your favorite? Share in the comments!

FAQs: Your Questions on Best Renewable Energy Stocks India 2025 Answered

Q1. Why are renewable energy stocks hot in 2025? 
A. The best renewable energy stocks India 2025 are surging due to Budget 2025’s ₹26,549 crore allocation (53% higher YoY) and COP30’s net-zero focus. Tata Power’s Q1 FY26 revenue grew 12%, Adani Green’s PAT 20%.

Q2. Which renewable energy stock is the top pick?
A.   Tata Power stands out with a 10.7 GW renewable portfolio and 43% green energy target by FY30. Adani Green (14.2 GW) and Suzlon (wind expertise) are also strong options.

Q3. How does Budget 2025 benefit green stocks?
A.  Budget 2025 allocates ₹24,000 crore for solar, ₹20,000 crore for PM Surya Ghar Yojana, and ₹1.5 lakh crore for grid modernization, directly boosting Tata Power, NTPC Green, and Inox Wind.

Q4. How can I invest in renewable energy stocks?
A.  Open a demat account on Zerodha or Groww ([Zerodha link]), analyze financials on Screener.in, and invest ₹10,000–₹15,000 in stocks like Suzlon (~₹70) or Tata Power (~₹403).

Q5. What are the risks of green stocks?
A. High debt (e.g., Adani Green’s low interest coverage), regulatory shifts, and supply chain disruptions (e.g., wind turbine components) are key risks. Diversify to mitigate.

Q6. Is NTPC Green Energy a good long-term investment? 
A. With a 14,696 MW portfolio and 60 GW target by 2032, NTPC Green’s 5% stock spike post-Budget 2025 and strong Q4 FY25 results signal robust growth potential.

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