Top 10 Power Plant Owners in India by Capacity
NTPC Ltd, MSEB Holding Co Ltd, Adani Power Ltd, The Tata Power Co Ltd, and NHPC Ltd are the top 5 power plant owners in India by capacity as of March 31, 2022. Cumulatively, the top 10 power plant owners in India had an active capacity of 137,807 MW as of March 31, 2022, where highest being registered by NTPC Ltd (60,906 MW), followed by MSEB Holding Co Ltd (13,006 MW) and Adani Power Ltd (12,450 MW), while the lowest active capacity was registered by NLC India Ltd (6,310 MW). In terms of employment, 8 out of 10 of the companies employed a total of 61,542 people in 2021. While in terms of revenue, Tata Power Co Ltd had the highest revenue growth of 11.4% and the revenue of NLC India Ltd declined by 4.6%. India-based NTPC Ltd is the leading power plant owner in India (by capacity). The company is an energy conglomerate and has a presence in the entire value chain of the power generation business. The company produces electricity and sells that to state power utilities on a wholesale basis. It generates electric power using coal, gas, liquid fuel, hydro, and renewable sources, and the company also provides consultancy, project management, and supervision; holds interests in coal mining blocks. The company reported revenues of $15,106.05 million for the fiscal year ended March 2021 (FY2021), an increase of 1.89% over FY2020, due to an increase in energy sales; increased dividends from long-term investment in the subsidiary, joint venture, and other companies; and increase in late payment surcharge from beneficiaries and provisions. It is headquartered in New Delhi, India, and employs 18,509 people in FY2021. MSEB Holding Co Ltd (MSEB). is formerly known as Maharashtra Electric State Board, is another leading power plant owner in India (by capacity). MSEB operates business through its subsidiaries Maharashtra State Power Generation Co. Ltd., Maharashtra State Transmission Co. Ltd, and Maharashtra State Distribution Co. Ltd. It distributes to customers in the state of Maharashtra. The company is an undertaking by the Government of Maharashtra.