Green Energy Penny Stocks | Everything You Should Know

Green energy penny stocks represent the shares of companies harnessing renewable energy sources to fill the need for electricity with eco-friendly measures. Penny stocks in the green energy sector in India could make individuals’ portfolios diversified and exemplary. These stocks have robust industry exposure and may become multibaggers in the coming decades. Fill your portfolio with these gems, but remember that they are from the penny stocks family and may prove to be speculative investment options. Check the green energy penny stocks list with price and market capitalisation in the table below. 

Green Energy Penny Stocks List By Market Capitalisation

Here is the top green energy penny stocks list to consider in 2025 for exemplary returns. Explore the latest green energy stocks now!

Disclaimer: Please be aware that investing in penny green energy penny stocks or penny stocks in the energy sector in India comes with inherent risks due to volatile market conditions and low liquidity. It is recommended to conduct your own research on the green energy penny stocks list to make an informed investment decision on the green energy company penny stocks list. 

Overview of Green Energy Penny Stocks 

1. NTPC Green Energy Ltd.

Founded: 2022

Headquarters: New Delhi, India

Market Capitalisation: Rs 81,095.00 crore

NTPC Green Energy Ltd. is a wholly owned subsidiary of NTPC Ltd., a power generation company in India. The organisation was established to boost a diversified renewable energy portfolio through solar and wind power assets. NTPC Green Energy Ltd. is recognised as one of the top green energy penny stocks in India, with a portfolio of 16,896 MW, which includes 3,320 MW of operational projects and 13,576 MW of projects under development. As per Moneycontrol, NTPC Green Energy Ltd. is to build a $21 billion green hydrogen hub.  

2. NHPC Ltd. 

Founded: 1975

Headquarters: Faridabad, Haryana

Market Capitalisation: Rs 77,899.00 crore

NHPC Ltd. is a government-owned power-generating company harnessing renewable resources such as water, wind, solar, and geothermal. It has shown robust growth since its establishment in 1975 and encouraged most investors by delivering significant returns as well as healthy dividend payouts. Last year, in 2024, NHPC announced the receipt of 1.2 GW solar projects connected to inter-state transmission systems (ISTS). Investors considered it one of the top green energy penny stocks for 2025, with a target price of Rs 98.88.

Note: NHPC has collaborated with Tata Power Company for the installation of rooftop solar projects across the country.  

3. SJVN Ltd. 

Founded: 1988

Headquarters: Shimla, Himachal Pradesh

Market Capitalisation: Rs 33,576.00 crore

SJVN, or Satluj Jal Vidyut Nigam Ltd., is an Indian PSU engaged in hydroelectric power generation and distribution with its three hydropower plants located in Nathpa Jhakri, Rampur, and Naitwar Mori. The company is currently operating in Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab, Gurajar, Odisha, Mizoram, Madhya Pradesh, Himachal Pradesh, and Rajasthan. According to Wikipedia, the government of India holds 59.92% stake in SJVN Ltd., one of the top green energy penny stocks. 

4. Reliance Power Ltd. 

Founded: 1995

Headquarters: Mumbai, Maharashtra

Market Capitalisation: Rs 13,417.00 crore

Reliance Power Ltd. is part of Reliance Group, founded by Dhirubhai Ambani. The company has a planned installed capacity of 33,480 MW to develop 13 medium—and large-sized power projects. It is considered one of the best options on the government penny stocks list because of its robust industry exposure and strong fundamentals. Some of the power generation projects of Reliance Power Ltd. in the green energy sector include Sasan Ultra Mega Power Project, Butibori Thermal Power Project, and Rosa Thermal Power Project.  

5. Jaiprakash Power Ventures Ltd. 

Founded: 1994

Headquarters: Singrauli, Madhya Pradesh 

Market Capitalisation: Rs 9,225.00 crore

Jaiprakash Power Ventures Ltd. is engaged in planning, developing, implementing, and operating diverse power projects with the help of hydropower plants and thermal power plants. Jaiprakash Power Ventures Ltd. is one of the top green energy penny stocks in India recorded 89.86% returns in the past 3 years. For most investors, JPVL is the portfolio diversifier to generate balanced returns. Looks like that Jaiprakash Power Ventures Ltd. is currently trading at a discount with robust financial performance in terms of net profit, revenue, and ROCE.  

6.RattanIndia Power Ltd. 

Founded: 2007

Headquarters: New Delhi, India 

Market Capitalisation: Rs 4,973.00 crore 

RattanIndia Power Ltd. primarily focuses on thermal power generation to meet energy requirements. It operates two vital coal-based power plants in Maharashtra: Amravati Thermal Power Plant and Nashik Thermal Power Plant. Both of these power plants collectively contribute 2,700 MW and represent a substantial investment of Rs 18,615 crore. As of 17th March 2025, this is one of the top green energy penny stocks recorded the market capitalisation of Rs 4,973.00 crores. Moreover, this low-priced green energy stock has delivered 54.96% returns in the past 3 years. 

7. Orient Green Power Company Ltd. 

Founded: 2006

Headquarters: Chennai, Tamil Nadu

Market Capitalisation: Rs 1,410.00 crore

Orient Green Power Company Ltd. is one of the top green energy penny stocks trading at Rs 11.91 but has a capacity of more than 400 MW to meet the electricity demand across the nation. It has a diversified portfolio of renewable energy power plants to represent robust growth potential over the long-term. The aim of Orient Green Power Company, top among the green energy penny stocks list, is to influence its clean energy projects portfolio. 

8. Urja Global Ltd. 

Founded: 1992

Headquarters: Pitampura, Delhi 

Market Capitalisation: Rs 706.00 crore

Urja Global Ltd. designs, integrates, supplies, installs, commissions, and maintains solar power plants. Its product portfolio includes solar street lights, water heaters, panels, battery chargers, e-rickshaws, e-bikes, portable lights, and lead-acid batteries. With 3+ years of experience, Urja Global Ltd. has contributed significantly to the renewable energy sector in India and has provided multiple sustainable energy solutions. Well-informed investors may consider it as the top green energy penny stocks and may park a small capital amount in it to generate quick returns. 

9. Indowind Energy Ltd. 

Founded:1995

Headquarters: Chennai, Tamil Nadu 

Market Capitalisation: Rs 203.00 crore 

Indowind Energy Ltd. specialises in the development and management of wind energy projects. The company’s primary operations are to generate green power for sale to utilities and corporate clients by managing wind assets. Indowind Energy Ltd. could be a stepping stone to generate wealth quickly for those seeking the top green energy penny stocks to buy. Moreover, the low entry price of this fundamentally strong penny share allows small investors to diversify their portfolios.    

10. Surana Solar Ltd. 

Founded: 2006

Headquarters: Secunderabad, Telangana

Market Capitalisation: Rs 160.00 crore

Surana Solar Ltd. uses four types of grid-connected solar plants to manufacture solar photovoltaic (SPV). These types of power plants have a capacity of 5 MW each, and both are located in Gujarat and Telangana. However, Surana Solar Ltd., one of the green energy penny stocks, has delivered 33.14% returns in the past 3 years. Conduct deep research on the top green energy penny stocks list and green energy companies in India to make an informed investment decision. 

Also Read: Solar Penny Stocks in India 2025 

What are Green Energy Penny Stocks? 

Green energy penny stocks are the low-priced equities of companies involved in power generation and distribution through renewable sources. These companies often have robust industry exposure and may showcase rapid growth potential in the coming decades. We are all aware of the rapidly growing demand for electricity, and green energy companies are consistently working to meet this increasing demand. 

Investing in green energy penny stocks adds a level of diversification to the investors’ portfolio and may deliver sustainable returns. However, it is essential to conduct research on the top green energy penny stocks list with prices to safeguard your investment portfolio.

Green energy penny stocks in India to invest in 2025 are NTPC Green Energy, NHPC, SJVN, RattanIndia Power Urja Global, Reliance Power, etc. Have an overview of such companies to make an informed investment decision to book your ideal returns. 

Green Energy Sector in India: Have an Exposure

Indian investors are highly confident about the robust growth potential of the green energy sector and its companies. Rising demand for clean energy sources in India has prompted companies/start-ups to initiate eco-friendly energy generation and distribution. As of now, India generates 750+ GW of solar power to meet domestic and international requirements. However, its aim is to hold around 50% of energy demand by the end of 2030. Like giant players in India’s green energy market, small companies are also contributing to the 30 times increase in renewable power generation capacity. These companies mainly represent the top green energy penny stocks in India for 2025. 

Furthermore, investors considered it as the promising sector attracting higher foreign direct investments (FDIs) from the global nations. Undoubtedly, green energy penny stocks have a bright future, but a few people still need clarification on which green energy penny stocks to buy now. This piece of research would help them choose the potential investment options to generate sustainable returns. Scroll down to learn more about the green energy penny stocks and their aspects. 

Also Read: Green Energy Stocks to Buy in 2025

Green Energy Penny Stocks List With P/E Ratio 

Explore the top government penny stocks list with their P/E ratio. 

Benefits of Green Energy Penny Stocks 

Here are the significant benefits of green energy penny stocks in India. 

• Affordable Investment

The low prices of green energy penny stocks make them affordable investment options for small investors looking to generate higher returns with some risks. These penny stocks typically cost below Rs 50 or Rs 100. This makes penny stocks in the green energy sector in India accessible investment options for portfolio diversifiers.  

• Short-Term Gains

Green energy penny stocks can provide investors with short-term capital gains because of financial results, sectorial trends, economic growth, etc. However, it is essential to invest carefully after checking the liquidity and volumes of the top green energy penny stocks in 2025. 

• Multibagger Returns

Most investors in India are looking for shares that can deliver multibagger returns. And they are well aware of the potential of green energy penny stocks because of their low prices and dominant industry exposure. These penny stocks in the green energy sector in India can multiply your capital by 100x, 200x, or more to deliver multibagger returns in the coming decades. 

• Dividend Payouts

Green energy penny stocks not only appreciate capital but also provide their shareholders with a dividend yield. Keep in mind that financially stable green energy companies can announce dividends from their profitability. While exploring the top green energy penny stocks list with price, check for previous dividend payouts. 

Factors to Consider for Green Energy Penny Stocks 

One should consider multiple factors before investing in green energy penny stocks in India. These factors might help individuals make an informed investment decision to avoid the significant losses in the Indian stock market. Look at the factors to consider when exploring the top green energy penny stocks list. 

• Business Model

Check what type of business model the company has. The resilient business model of green energy companies may offer them the capability to sustain in economic downturns. Choose from the top green energy penny stocks list, which includes the power companies operating under long-term PPAs (power purchase agreements). Analyse the firm’s growth plan to know about its resilience against other competitors. 

• Financial Health

Have a look at the financial reports of green energy companies. We’ve already witnessed the increasing demand for renewable energy. It would help the top green energy penny stocks maintain healthy financial records. Check for the company’s profit margins, YoY revenue growth, and cash flow position. 

• Technical Indicators

While researching the top green energy penny stocks to buy in 2025, consider several technical parameters such as P/E Ratio, P/B Ratio, Earnings Per Share, Dividend Yield, Book Value, etc. These technical indicators may help you select the multibagger green energy penny stocks with low prices in India. 

• Quality of Management

Green energy companies need skilled and experienced management to sustain a competitive edge in the market. To assess management quality, look at the management team’s previous achievements, decisions, plans, and policies. Select from the top green energy penny stocks list with a robust management team to generate exemplary returns. 

• Regulatory Environment

Stay updated on the regulatory changes by the legal authorities that bind companies under several circumstances. Check whether the chosen green energy penny stocks are complying with all the regulatory requirements and their amendments to avoid higher legal penalties. Choose the penny stocks in the green energy sector following all the compliances in their history. 

• Government Support

Green energy penny stocks backed by the government could prove to be safe investments for investors with low-risk tolerance. And investing in such stocks might be the stepping stone for investors to generate multibagger returns. Look for green energy penny stocks with low prices and the ultimate support of the government for portfolio diversification.

Also Read: Green Energy Stocks By Market Capitalisation

Green Energy Penny Stocks List With 5-Years Returns

Explore the top green energy penny stocks with 5-year returns. 

Green Energy Penny Stocks List With Dividend Yields

Here is the top green energy penny stocks list with dividend yield. 

Government Penny Stocks List With 5-Year CAGR

Look at the top green energy penny stocks list with their 5-year CAGR (Compound Annual Growth Rate).

Disclaimer: Please be aware that investing in penny green energy penny stocks or penny stocks in the energy sector in India comes with inherent risks due to volatile market conditions and low liquidity. It is recommended to conduct your own research on the government penny stocks list to make an informed investment decision on the green energy company penny stocks list. 

How to Pick the Top Green Energy Penny Stocks? 

Here is how to pick from the top green energy stocks list. Explore the step-by-step guide to make informed investment decisions. 

1. Financial Analysis

Identify the best penny stocks in India that belong to the green energy sector, which have consistently increased profit margins, YoY revenue growth, and positive cash flow. Financially healthy green energy penny stocks might reveal their potential to become multibaggers in 2025.  

2. Sectorial Dominance

The top green energy penny stocks list comprises diverse organisations operating in the green energy sector. Find which companies are utilising renewable energy sources efficiently to dominate the industry. This would help you select the best renewable energy stocks in India. 

3. Backed By Government

The top green energy penny stocks are considered multibagger stocks because of immense government support to the energy sector. Choose the best penny stocks to buy in the green energy sector in 2025, which have government support in terms of union budget, policies, and litigations. 

4. Technical Analysis

Assess the technical parameters, such as P/E ratio, P/B ratio, Earnings Per Share, Returns on Equity, etc., to better understand the stock’s growth momentum. Technical analysis is an integral part of research on top green energy penny stocks in India.  

5. Dividend Payouts

Pick the dividend-paying green energy penny stocks in India, like NHPC Ltd. Dividend is not part of capital appreciation. It can help you earn extra income to increase wealth or to meet unsuspected expenses. 

6. Low Cost Acquisition

Check for the affordability of the shares from the top green energy penny stocks list to take a position with a minimal capital amount. The low cost of acquisition makes renewable energy stocks accessible to small investors.

Also Read: Best Energy Stocks in India 2024

Risk in Green Energy Penny Stocks List With Mitigation Strategies

Green energy penny stocks often deliver multibagger returns but also come with some risks. Here are the significant risks involved in the best penny stocks in India in the green energy sector. 

• Price Manipulation

Best penny stocks in the green energy sector in India come with low prices and are accessible for unsuspecting investors to manipulate prices. These investors can buy and sell a large number of green energy penny stocks to divert retail investors.  

Mitigation Strategies: Beware of such fraudulent practices in the top green energy penny stocks list to avoid significant losses. 

• Low Volatility

When holding green energy penny stocks, investors can suffer low volatility and minimal price movements in the short term. It could affect the top green energy penny stocks in terms of price decline. Under such circumstances, investors may struggle to buy or sell low-priced stocks.   

Mitigation Strategies: Check the volatility in shares while exploring the green energy penny stocks list and invest in the popular stocks that have an adequate level of volatility.

• Macroeconomic Trends

Macroeconomic events include recession, war, inflation, natural calamities, etc. These situations may impact the disposable income of the investors. 

Mitigation Strategies: Stay informed about such macroeconomic trends and their impact to avoid investing in a highly risky environment.  

Who Should Invest in Green Energy Penny Stocks?

Here is the list of investors who should pick from the top green energy penny stocks list. 

• Portfolio Diversifier

Low-priced green energy penny stocks often come with high growth potential to set off the previous losses of an individual’s portfolio. Those who are looking for the best penny stocks in India to diversify their portfolio can consider investing in such renewable energy stocks.   

• Small Investors

Do you want to invest in the Indian stock market but do not have much capital to generate sustainable returns? Relax, the top green energy penny stocks can help you invest a small amount of capital to generate multibagger returns. Explore the latest green energy stocks now to buy a large number of shares with less capital to build wealth. 

• Wealth Seekers

Looking for quick wealth generation opportunities? Have a look at the top green energy penny stocks list to generate quick returns, typically 100% or 200%. These penny stocks may help you increase your overall wealth with a small capital amount. 

• Long-Term Investors

For those with high patience and who can wait for a longer period of time, green energy penny stocks are the most suitable options. These stocks can deliver exemplary returns in longer durations. For example, Reliance Power Ltd. has delivered 2,439.23% returns in the past 5 years. 

• Risk Tolerant Investors

Investors with moderate/high-risk tolerance can pick from the top green energy penny stocks list. Prefer investing a small capital amount in these stocks to take part in the high-risk, high-reward play! 

So what are you waiting for? Add some prominent green energy penny stocks to your portfolio and get exemplary returns!

Also Read: Power Sector Stocks in India for 2025

Other Green Energy Penny Stocks 

How to Invest in Green Energy Penny Stocks?

Here is the step-by-step guide for investing in the top-performing green energy penny stocks in 2025. 

• Step 1: Research the best penny stocks or top green energy penny stocks list with their financial and fundamental parameters. 
• Step 2: Select the top government-backed green energy penny stocks to diversify your investment portfolio. 
• Step 3: Open a demat account on Univest, navigate to the search section and look for the selected stocks. 
• Step 4: Place a buy order for the best-performing green energy penny stocks and execute it to invest successfully. 
• Step 5: Track your returns in the portfolio section and wait for the right time to book returns.

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Why Invest in Green Energy Penny Stocks? 

India aims to achieve the target of 500 GW of renewable energy capacity by 2030. To achieve this aim, the government is allocating effective budget to the green energy sector and several considerable growth policies. With the help of political and economic reforms, top green energy penny stocks may have impeccable growth potential to deliver tremendous returns in the coming decades. 

Investing in green energy penny stocks could be beneficial in the long term because of their dominant industry exposure. Companies involved in the green energy sector in India are witnessing rapid growth in renewable energy demand at domestic as well as international levels. Furthermore, green energy penny stocks are also targeted by FIIs as they could evolve into high-growth penny stocks that deliver substantial returns to early investors. 

Also Read: Top Solar Energy Stocks in India to Invest

Let’s Wrap 

Investing in the best-performing green energy penny stocks list can diversify your investment portfolio and provide sustainable returns over the long term. However, investing carefully through different investment factors, such as financial health, technical analysis, business model, regulatory environment, and more, is essential. Top green energy penny stocks include NTPC, NHPC, Jaiprakash Power Ventures, Urja Global, Indowinds Energy, and more. 

Have a look at the top green energy penny stocks to get sustainable returns on your capital investment!

FAQs on Green Energy Penny Stocks

1. What are the top green energy penny stocks?

Ans. Explore the latest green energy penny stocks now!

2. Which stock is best in the green energy sector?

Ans. Explore the top green energy penny stocks with 5-year returns. 

3. Which green energy penny stocks could boom in 2025?

Ans. Top green energy penny stocks which could boom in 2025 include Reliance Power Ltd., Urja Global Ltd., Indowind Energy Ltd., NHPC Ltd., Orient Green Power Company Ltd., and Jaiprakash Power Ventures Ltd. 

4. Should I invest in green energy stocks?

Ans. Investing in green energy stocks could help individuals build wealth and generate tremendous returns with the help of dominant industry exposure. These stocks belong to the companies harnessing renewable sources to meet the nation’s energy requirements. However, it is essential to conduct your own research on green energy stocks in India to invest with careful consideration. 

5. Which green energy stocks are best under 100 rs?

Ans. Look at the top green energy penny stocks list with their 5-year CAGR (Compound Annual Growth Rate).

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Disclaimer: This is for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.