7 Indian firms among 200 in green energy revenues

Only four countries have a larger representation than India on the Clean200 report

India is among the top 11 countries as seven of its companies are among a list of the 200 largest publicly traded entities that are making significant revenue from clean energy, an international report said.

India ranked fifth after China (68), the US (34), Japan (20) and Germany (nine).

South Korea, Canada, Sweden, Denmark, Ireland and the UK take the spot after India as per their ranking in the list of top 11 countries compiled by compiled by non-profit organisation As You Sow and Corporate Knights.

The seven companies on the list released earlier this month are Suzlon Energy (Rank 55), Bharat Heavy Electricals (Rank 85), Tata Chemicals (Rank 144), Exide Industries (Rank 155), IDFC Ltd (167), Thermax Ltd (Rank 169), and Havells India (Rank 200).

The Clean200 are listed by their estimated green revenues in US dollars and only include companies with over $1 billion of market capitalisation (at Q3 2017-end) and those that earn more than 10 per cent of total revenues from New Energy sources.

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