Capcity (MW)

2018 34046
2019 35625
2020 37693
2021 39247 Capcity (MW)
2022 40357 45000
2023 42633
40000
39
35000 37693
35625
34046
30000

25000

20000

15000
Market Share 10000
Tamil Nadu 23.20%
Gujarat 24.90% 5000

Kerala 0.10% 0
2018 2019 2020 20
Telangana 0.30%
Madhya Pradesh 6.50%
Andhra Pradesh 9.40%
Maharashtra 11.60%
Rajasthan 11.90%
Karnataka 12.10%

Karnataka; 12.10%

Rajasthan; 11.90%

Maharashtra; 11.60%

Andhra Pradesh; 9.40%

Madhya Pradesh; 6.50%

Andhra Pradesh; 9.40%

Madhya Pradesh; 6.50%

 Capcity (MW)

42633
40357
39247
37693
25

19 2020 2021 2022 2023

Tamil Nadu; 23.20%

Gujarat; 24.90%

Kerala; 0.10%

Telangana; 0.30%
Telangana; 0.30%
 Capcity (GW)
Gujarat 10.14
Tamil Nadu 10.07
Karnataka 5.29
Maharashtra 5.02
Rajasthan 4.61
Andhra Prades 4.09
Madhya Prades 2.84
Madhya 2.84
Pradesh

Andhra 4
Pradesh

Rajasthan

Maharashtra

Karnataka

Tamil Nadu

Gujarat

0 2

Solar wind Hybrid Market Share

30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
u t l a
ad ra ra
N ja Ke
m
il Gu la
n
Ta Te

Siemens Gamesa 30
Suzlon 19
Vestas 15
Inox Wind 11
GE Renewable Energy 11
Envision 10
Senvion 1
Others* 3
 Capcity (GW)
Madhya 2.84
Pradesh

Andhra 4.09
Pradesh

Rajasthan 4.61

Maharashtra 5.02

Karnataka 5.29

Tamil Nadu 10.07

Gujarat 10.14

0 2 4 6 8 10 12

Market Share Column D

30.00% Chart T
25.00%
20.00% Senvion Ot
1%
15.00%
10.00%
5.00%
0.00% Envision
ad
u at l a
an
a sh sh 10%
j ar ra de de
il
N
Gu Ke ng a a
m la Pr Pr
Ta Te hy
a ra
ad ndh
M A

GE Renewable Energy
11%

Inox Wind
11%
 11%

Inox Wind
11%

Vestas
15%
 Chart Title
Senvion Others*
1% 3%

Envision
10%

Siemens Gamesa
30%

GE Renewable Energy
11%

Inox Wind
11%
 11%

Inox Wind
11%

Suzlon
19%
Vestas
15%
 Net
Market
1Year Income
Compan Market Capital Price PE P/B
S.No Return FY23
y Name (Rs in cr) (May Ratio Ratio
( %) (Rs in
23)
Cr)
1 TATA ₹ 65,137.00 203.8 -19.13 939 21.24 2.9
Power
2 Adani ₹ 149,778.00 942.05 279.50% 5,242 158.44 20.51
Energy
3 Suzlon ₹ 9,983.00 8.1 -11.28% 78.36 3.95 NA
Energy
4 ReNew ₹ 315.00 447.06 -29.53 4,013 -171.65 17.34
Power
5 INOX ₹ 3,654.00 107.95 -14.67 11.87 NA 1.36
India
6 NSL ₹ 209,162.00 185 -42.68 4013 24.62 85.05
Renewab
les
7 Vestas ₹ 191.54 189.4 8.14 14.03 -27.8 8.52
India
 Market Capital (Rs in cr)
Vestas India
0%

TATA Power
15%

NSL Renewables
48%

Adani Energy
34%

INOX India ReNew Power Suzlon Energy

1% 0% 2%
Rs in cr)

TATA Power
15%

Adani Energy
34%

Suzlon Energy
2%