Top 20 Best Energy & Mining Companies In India 2023

The Energy and Mining industry has been an evergreen industry. Well, that means they have some major players. Here is the list of the top 20:-

1. Coal India Limited

A state-owned coal mining company in India that was founded in 1975.

 It is headquartered in Kolkata and operates through its subsidiaries across eight states in India, including Jharkhand, Odisha, Chhattisgarh, West Bengal, Madhya Pradesh, Uttar Pradesh, Maharashtra, and Assam.

Coal India Limited is the largest coal producer in the world and accounts for over 80% of India’s coal production. It has a workforce of around 272,000 employees and operates 364 mines, including 166 underground mines, 180 open-cast mines, and 18 mixed mines. 

It is significantly present in power generation, through its subsidiary Coal India Africana Limitada, which operates a 200 MW thermal power plant in Mozambique.

Coal India Limited has been at the forefront of providing affordable and reliable energy to India and plays a role in the country’s economic development. 

The company has implemented several sustainability initiatives, including afforestation, mine reclamation, and water conservation measures to mitigate the environmental impact of its operations.

2. Oil and Natural Gas Corporation Limited (ONGC)

It is a state-owned oil and gas exploration and production company in India. It was founded in 1956 and is headquartered in Dehradun, Uttarakhand.

ONGC is the largest oil and gas exploration and production company in India, and it is significantly present in the international market as well. It operates in 17 countries, including India, Vietnam, Russia, Iran, and Sudan. 

The company showcases a diversified portfolio of assets, including 12 onshore and 19 offshore oil and gas fields in India.

ONGC is committed to sustainable development and has taken several initiatives to reduce its carbon footprint and improve environmental performance. 

The company has also invested in renewable energy projects, including wind and solar power, to diversify its portfolio and contribute to India’s clean energy goals.

ONGC has received several awards and recognitions for its performance and sustainability initiatives. In 2020, it was ranked 15th in the Platts Top 250 Global Energy Company Rankings and was also included in the Dow Jones Sustainability Indices.

3. Indian Oil Corporation Limited (IOCL)

Indian Oil Corporation Limited (IOCL) is a state-owned oil and gas company in India. It was founded in 1959 and is headquartered in New Delhi.

IOCL is the largest oil refining and marketing company in India, with a refining capacity of 80.7 million metric tonnes per annum (MMTPA) and a network of over 28,000 retail outlets. 

The company showcases a presence in petrochemicals, exploration and production, and natural gas. IOCL operates 11 refineries in India, including one of the world’s largest greenfield refineries at Paradip in Odisha.

IOCL is committed to sustainable development and has taken steps to lessen its carbon footprint and improve environmental performance. 

It has also invested in renewable energy projects, including solar power and biofuels, to diversify its portfolio and contribute to India’s clean energy goals.

IOCL has received several awards and recognitions for its performance and sustainability initiatives.

 In 2020, it was ranked 1st in the Fortune India 500 list of India’s largest corporations and was also included in the Dow Jones Sustainability Indices.

4. NTPC Limited

NTPC Limited is a state-owned power generation company in India. Found in Delhi in 1975.

NTPC is the largest power generation company in India, with an installed capacity of 66,875 MW as of December 2021. 

The company operates through its subsidiaries and joint ventures across various fuel sources, including coal, gas, hydro, solar, and wind. NTPC is also involved in coal mining and has plans to enter into other areas of the power sector, including transmission and distribution.

NTPC is committed to sustainable development and has taken steps to lessen its carbon footprint and improve environmental performance. 

The company has a target to generate 30% of its total installed capacity from non-fossil fuel sources by 2032. NTPC has also invested in renewable energy projects, including solar and wind power, and is working to develop green hydrogen technology.

NTPC has received several awards and recognitions for its performance and sustainability initiatives. In 2021, it was ranked 3rd in the Platts Top 250 Global Energy Company Rankings.

5. Hindustan Petroleum Corporation Limited (HPCL)

Hindustan Petroleum Corporation Limited (HPCL) is a state-owned oil and gas company in India. It was founded in 1974 and is headquartered in Mumbai.

It is one of the third largest oil refining and marketing companies in India, with a refining capacity of 18.5 million metric tonnes per annum (MMTPA) and a network of over 18,000 retail outlets. 

It also showcases a great share in exploration and production, natural gas, and petrochemicals.

HPCL is committed to sustainable development and has taken steps to lessen its carbon footprint and improve environmental performance. 

The company shares a market share in renewable energy projects, including solar power, to diversify its portfolio and contribute to India’s clean energy goals. HPCL has also implemented several water conservation measures and waste management practices to mitigate the environmental impact of its operations.

HPCL has received several awards and recognitions for its performance and sustainability initiatives.

 In 2020, it was ranked 267th in the Fortune Global 500 list of the world’s largest corporations and was also included in the Dow Jones Sustainability Indices.

6. Bharat Petroleum Corporation Limited (BPCL)

It is a state-owned oil and gas company in India. It was founded in 1952 and is headquartered in Mumbai.

BPCL is the second-largest oil refining and marketing company in India, with a refining capacity of 40.3 million metric tonnes per annum (MMTPA) and a network of over 18,000 retail outlets. 

The company also has a significant presence in exploration and production, natural gas, and petrochemicals.

BPCL is committed to sustainable development and has implemented several initiatives to reduce its carbon footprint and improve environmental performance. 

The company has invested in renewable energy projects, including solar power, and is working to develop green hydrogen technology. 

BPCL has also implemented several water conservation measures and waste management practices to mitigate the environmental impact of its operations.

BPCL has received several awards and recognitions for its performance and sustainability initiatives. 

In 2020, it was ranked 309th in the Fortune Global 500 list of the world’s largest corporations and was also included in the Dow Jones Sustainability Indices.

7. Tata Power Company Limited

Tata Power Company Limited is a private power generation company in India. It was founded in 1915 and is headquartered in Mumbai.

Tata Power has a diverse portfolio of power generation assets, with a total installed capacity of 12,742 MW as of December 2021. The company operates across various fuel sources, including coal, gas, hydro, solar, and wind. 

Tata Power is also involved in transmission and distribution and has a significant presence in the renewable energy sector, with a portfolio of over 2.6 GW of renewable capacity.

Tata Power is committed to sustainable development and has implemented several initiatives to reduce its carbon footprint and improve environmental performance. 

The company has invested in renewable energy projects, including solar and wind power, and is working to develop green hydrogen technology. 

Tata Power has also implemented several energy efficiency measures and waste management practices to mitigate the environmental impact of its operations.

Tata Power has received several awards and recognitions for its performance and sustainability initiatives. 

In 2021, it was ranked 68th in the Forbes list of the world’s best-regarded companies and was also included in the Dow Jones Sustainability Indices.

8. Reliance Industries Limited

Reliance Industries Limited (RIL) is a private conglomerate company in India. It was founded in 1960 and is headquartered in Mumbai.

RIL is one of the largest companies in India, with operations in various sectors including energy, petrochemicals, textiles, retail, and telecommunications. The company is the largest oil refining and marketing company in India, with a refining capacity of 1.24 million barrels per day. 

It is also involved in the exploration and production of oil and gas and has a significant presence in renewable energy, including solar and wind power.

RIL is committed to sustainable development and has implemented several initiatives to reduce its carbon footprint and improve environmental performance. 

The company has invested in renewable energy projects, including a 2 GW solar manufacturing facility and wind power projects.

 RIL is also working to develop green hydrogen technology and has implemented several energy efficiency measures and waste management practices to mitigate the environmental impact of its operations.

RIL has received several awards and recognitions for its performance and sustainability initiatives. In 2021, it was ranked 155th in the Fortune Global 500 list of the world’s largest corporations and was also included in the Dow Jones Sustainability Indices.

9. GAIL (India) Limited

GAIL (India) Limited is a state-owned natural gas company in India. It was founded in 1984 and is headquartered in New Delhi.

GAIL is involved in the exploration, production, transmission, and distribution of natural gas in India. 

The company owns and operates a network of over 17,000 km of natural gas pipelines, and also has a significant presence in liquefied natural gas (LNG) and petrochemicals.

GAIL is committed to sustainable development and has implemented several initiatives to reduce its carbon footprint and improve environmental performance. 

The firm shares a humungous interest and investment in energy renewable projects, including wind power and solar power, and is also working to develop green hydrogen technology. 

GAIL has implemented several energy efficiency measures and waste management practices to mitigate the environmental impact of its operations.

GAIL has received several awards and recognitions for its performance and sustainability initiatives.

 In 2020, it was included in the Dow Jones Sustainability Indices and was also awarded the “Most Ethical Company” designation by Ethisphere for the seventh consecutive year.

10. Vedanta Limited

Vedanta Limited is a private natural resources company in India. It was founded in 1976 and is headquartered in Mumbai.

Vedanta is involved in the exploration, production, and sale of natural resources, including oil and gas, copper, zinc, aluminum, and iron ore. The company has a significant presence in India and also operates in several other countries around the world.

Vedanta is committed to sustainable development and has implemented several initiatives to reduce its environmental impact and improve sustainability. 

The company shares a humungous interest and investment in energy renewable projects, including wind power and solar power, and is also working to develop green hydrogen technology. 

Vedanta has implemented several energy efficiency measures and waste management practices to mitigate the environmental impact of its operations.

Vedanta has received several awards and recognitions for its performance and sustainability initiatives.

 In 2021, it was included in the Dow Jones Sustainability Indices and was also ranked first among Indian companies in the “Metals and Mining” sector of the Carbon Disclosure Project (CDP) India’s annual report.

11. Adani Group

The Adani Group is a private conglomerate company in India. Founded in 1988 it is headquartered in Ahmedabad.

The Adani Group has a diverse portfolio of businesses, including energy, infrastructure, logistics, agribusiness, and defense. 

The firm is one of the top players in the renewable energy sector in India, with a portfolio of over 14 GW of renewable capacity, including solar and wind power. The group is also involved in coal mining and has a significant presence in ports and logistics.

The Adani Group is committed to sustainable development and has taken various steps to lessen its carbon footprint and improve environmental performance. 

The company is majorly invested in renewable energy projects, including the world’s largest solar park in the state of Gujarat, and is also working to develop green hydrogen technology. 

The Adani Group has implemented several energy efficiency measures and waste management practices to mitigate the environmental impact of its operations.

The Adani Group has received several awards and recognitions for its performance and sustainability initiatives. In 2021, it was included in the Dow Jones Sustainability Indices and was also recognized as the “World’s Most Admired Company in the Diversified Support Services Sector” by Fortune.

12. Oil India Limited

Oil India Limited is a state-owned oil and gas company in India. It was founded in 1959 and is headquartered in Duliajan, Assam.

Oil India is involved in the exploration and production, and also oversees the transportation of crude oil and natural gas in India. The firm is majorly present in the northeast region of India and also operates in several other countries around the world.

Oil India is committed to sustainable development and has taken various steps to reduce its carbon footprint and improve environmental performance.

 The company shares a major interest in renewable energy projects, including a 54 MW wind power project and a 1 MW solar power project. 

Oil India has also implemented several energy efficiency measures and waste management practices to mitigate the environmental impact of its operations.

Oil India has received several awards and recognitions for its performance and sustainability initiatives. In 2020, it was included in the Dow Jones Sustainability Indices and was also recognized as a “Great Place to Work-Certified” company.

13. Cairn India

It is a private oil and gas exploration and production company in India. Founded in 2006, it is headquartered in Gurgaon, Haryana.

Cairn India is involved in the exploration, and development, and oversees the oil and gas resource production in India. 

The company is widely spread through the Rajasthan region of India, where it has discovered several large oil fields. Cairn India also operates in several other countries around the world.

Cairn India is committed to sustainable development and has taken various steps to lessen its carbon footprint and improve environmental performance. 

The firm showcases a humungous interest in renewable energy projects, including a 20 MW wind power project, and is also working to develop green hydrogen technology. 

Cairn India has implemented several energy efficiency measures and waste management practices to mitigate the environmental impact of its operations.

Cairn India has received several awards and recognitions for its performance and sustainability initiatives.

 In 2020, it was included in the Dow Jones Sustainability Indices and was also recognized as a “Great Place to Work-Certified” company.

14. JSW Energy Limited

JSW Energy Limited is a private power generation company in India. It was founded in 1994 and is headquartered in Mumbai.

JSW Energy is involved in the generation of electric power from various sources, including coal, hydro, solar, and wind. 

The firm boosts of a capacity of over 4,500 MW and is working to expand its renewable energy portfolio. JSW Energy also operates in the transmission and distribution of electricity.

JSW Energy is committed to sustainable development and has taken up various steps to lessen its carbon footprint and improve environmental performance.

 The firm shares a humungous interest in renewable energy projects, including solar and wind power, and is also working to develop green hydrogen technology. 

JSW Energy has implemented several energy efficiency measures and waste management practices to mitigate the environmental impact of its operations.

JSW Energy has received several awards and recognitions for its performance and sustainability initiatives. 

In 2021, it was included in the Dow Jones Sustainability Indices and was also recognized as a “Great Place to Work-Certified” company.

15. JSW Steel Limited

JSW Steel Limited is a private steel manufacturing company in India. It was founded in 1982 and is headquartered in Mumbai.

JSW Steel is involved in the production of steel and related products, including hot-rolled coils, cold-rolled coils, galvanized products, and color-coated products. 

The company has a total steelmaking capacity of 18 million tons per annum and operates several manufacturing plants across India.

JSW Steel is committed to sustainable development and has taken various steps to lessen its carbon footprint and improve environmental performance. 

The firm showcases a humungous interest in renewable energy projects, including wind and solar power, and has implemented several energy efficiency measures to reduce its energy consumption. 

JSW Steel has also implemented several waste management practices to minimize the environmental impact of its operations.

JSW Steel has received several awards and recognitions for its performance and sustainability initiatives. 

In 2021, it was included in the Dow Jones Sustainability Indices and was also recognized as a “Great Place to Work-Certified” company.

16. Essar Oil Limited

Essar Oil Limited is a private oil and gas exploration and production company in India. Founded in 1989, it is based in Mumbai. 

Essar Oil is involved in the exploration, development, and production of oil and gas resources. 

It shares a huge base in the Vadinar region of Gujarat and also operates in several other countries around the world.

Essar Oil is committed to sustainable development and has taken various steps to lessen its carbon footprint and improve environmental performance. 

The company has shown a huge interest in energy projects that are renewable, including wind and solar power, and has implemented several energy efficiency measures to reduce its energy consumption. 

Essar Oil has also implemented several waste management practices to minimize the environmental impact of its operations.

Essar Oil has received several awards and recognitions for its performance and sustainability initiatives. 

In 2021, it was included in the Dow Jones Sustainability Indices and was also recognized as a “Great Place to Work-Certified” company.

17. Reliance Power Limited

Reliance Power Limited is a private power generation company in India. Founded in 2007, it is based in Mumbai. 

Reliance Power is involved in the generation of electric power from various sources, including coal, gas, hydro, solar, and wind. 

The company showcases a capacity of over 6,000 MW and is working to expand its renewable energy portfolio. Reliance Power also operates in the transmission and distribution of electricity.

Reliance Power is committed to sustainable development and has taken various steps to lessen its carbon footprint and improve environmental performance. 

The company showcases a huge interest in renewable energy projects, including solar and wind power, and has implemented several energy efficiency measures to reduce its energy consumption. 

Reliance Power has also implemented several waste management practices to minimize the environmental impact of its operations.

Reliance Power has received several awards and recognitions for its performance and sustainability initiatives. 

In 2021, it was included in the Dow Jones Sustainability Indices and was also recognized as a “Great Place to Work-Certified” company.

18. Power Grid Corporation of India Limited

Power Grid Corporation of India Limited, also known as POWERGRID, is a public sector undertaking (PSU) and the central transmission utility of India. Founded in Gurugram in 1989.

POWERGRID is responsible for the transmission of electric power across India, and also provides consultancy and project management services in the power sector. 

The company has a transmission network of over 160,000 circuit kilometers and operates several high voltage direct current (HVDC) links for the efficient transmission of power across the country.

POWERGRID is committed to sustainable development and has taken several steps to lessen its carbon footprint and improve environmental performance. 

The firm showcases a great interest in renewable energy projects, including solar and wind power, and has implemented several energy efficiency measures to reduce its energy consumption. 

POWERGRID has also implemented several waste management practices to lessen the impact its operations have on the environment.

POWERGRID has received several awards and recognitions for its performance and sustainability initiatives. In 2021, it was included in the Dow Jones Sustainability Indices and was also recognized as a “Great Place to Work-Certified” company.

19. Adani Power Limited

Adani Power Limited is a private power generation company in India. Founded in Ahmedabad in 1966.

Adani Power is involved in the generation of electric power from various sources, including coal, gas, solar, and wind. 

The firm’s capacity extends up to 12,000 MW and is working to expand its renewable energy portfolio. Adani Power also operates in the transmission and distribution of electricity.

Adani Power is committed to sustainable development and has taken various steps to lessen its carbon footprint and improve environmental performance. 

The firm shares a great interest in renewable energy projects, including solar and wind power, and has implemented several energy efficiency measures to reduce its energy consumption. 

Adani Power has also implemented several waste management practices to minimize the environmental impact of its operations.

Adani Power has received several awards and recognitions for its performance and sustainability initiatives. In 2021, it was recognized as a “Great Place to Work-Certified” company.

20. National Aluminium Company Limited (NALCO)

It is a public sector undertaking (PSU) in India. Founded in Bhubaneswar in 1981. 

NALCO is involved in the production of aluminum and related products, including alumina and various grades of aluminum. 

The company has several manufacturing facilities in India and operates mines and refineries for the production of raw materials.

NALCO is an organization highly devoted to sustainable development and has taken steps to lessen its carbon footprint and improve environmental performance. 

The company shows a significant interest has invested in renewable energy projects, including wind and solar power, and has implemented several energy efficiency measures to reduce its energy consumption. 

NALCO has also implemented several waste management practices to lessen the impact of its operations project on the environment. 

NALCO has received several awards and recognitions for its performance and sustainability initiatives. 

In 2021, it was included in the Dow Jones Sustainability Indices and was also recognized as a “Great Place to Work-Certified” company.

These companies have a significant presence in the energy and mining sector in India and have been consistently ranked as some of the top companies in the industry.