Companies manufacturing wind turbines or owning wind generation, per their own reports.
Core — the theme IS a principal business todayGrowing — real operations, not yet the main businessAnnounced — committed plans or orders, little revenue yetMention-only — appears only as outlook language
Wind energy is explicitly listed as one of the company's stated business segments, alongside transportation, automotive parts trading, petroleum distribution and property rental.
“The Company is engaged in the business of transportation, wind energy, trading of automotive parts, Petroleum distribution and renting of immovable properties.”
+1 more quote from the report
“During the year the Company has generated 30,29,494 units F.Y. 2025-26 (through which it has generated net revenue of Rs. 190.74 Lacs ).”
Bhagwati OxygenCommodity ChemicalsGrowing₹10 CrP/E 3.0 vs 18.9ROCE 43.1%
Bhagawati Oxygen is engaged in wind power generation as a stated, turnover-generating business activity alongside its core oxygen gas manufacturing.
“However, the Company is also engaged in wind power and specialty gases and cylinders from which the Company has been making turnover.”
Coal IndiaCoalAnnounced₹2.52 L CrP/E 8.1ROCE 18.9%
CIL has signed MoUs for 4.5 GW of wind-solar hybrid supply and initiated strategic planning for 1.5 GW of wind power capacity, but no concrete wind projects have been secured yet.
“We signed MoUs with commercial and industrial consumers for supplying 4.5 GW of renewable power through wind solar hybrid solutions. To support this initiative, we initiated strategic planning for development of: 1.5 GW Wind Power”
NLC IndiaPower GenerationAnnounced₹33,460 CrP/E 10.1 vs 20.4ROCE 5.4%
NLCIL operates wind energy plants at Tenkasi in Tamil Nadu, contributing to its 1,483.89 MW renewable energy portfolio, though wind is a smaller share than solar.
“Wind Plants Tenkasi, Tamil Nadu”
CESCIntegrated Power UtilitiesAnnounced₹17,117 CrP/E 8.8 vs 25.4ROCE 5.9%
CESC, via Purvah Green Power subsidiary, is implementing two wind components totalling 600 MW within hybrid projects in Madhya Pradesh and Andhra Pradesh, with no operating wind revenue yet.
“a 450 MW hybrid project (150 MW solar unit and 300 MW wind), located in Mandsaur, Madhya Pradesh; and a 450 MW hybrid project comprising a 150 MW solar unit at Bikaner, Rajasthan plus a 300 MW wind unit at Ananthapuram, Andhra Pradesh.”
HEG Advanced MaterialElectrodes & RefractoriesAnnounced₹4,590 CrP/E 12.8 vs 31.7ROCE 5.9%
Wind power generation is identified as part of HEG Greentech's green power business, forming one of the planned divisions of the demerged entity.
“the green power generation business spanning hydro, solar, wind and BESS”
Zodiac EnergyCivil ConstructionAnnounced₹311 CrP/E 12.8 vs 14.6ROCE 11.6%
Actively developing integrated Wind-Solar Hybrid parks as part of its integrated energy projects pillar; no standalone wind capacity or revenue disclosed.
“Another area that we are actively developing is integrated Wind-Solar Hybrid parks.”
Company is seeking shareholder approval at the AGM to alter its objects clause to add wind energy generation and related renewable energy businesses as permitted activities.
“To carry on the business of generation, development, production, transmission, distribution, supply, trading, installation, operation and maintenance of renewable energy including solar energy, wind energy, hybrid energy systems and other non-conventional energy sources”
Duke OffshoreOil Equipment & ServicesAnnounced₹95 CrROCE -14.8%
Company's proposed new main objects clause lists wind power generation alongside other renewable sources as a future business line.
“hydro, solar, wind, tidal, wave, ocean, geothermal, nuclear and other sources”
Proposed MOA object (special resolution pending at the 41st AGM) to undertake wind farm development and trading/manufacturing of wind turbines; no current revenue disclosed.
“B. To establish, develop, operate and maintain power plants, Solar Farms, wind farms, energy storage systems, grid infrastructure, substations and transmission lines for efficient generation and supply of renewable energy.”
+1 more quote from the report
“To establish, develop, operate and maintain power plants, Solar Farms, wind farms, energy storage systems, grid infrastructure, substations and transmission lines for efficient generation and supply of renewable energy.”
Wind is explicitly named among the renewable energy projects the company proposes to enter under the new objects clause, contingent on shareholder approval at the Sept 30, 2026 AGM.
“renewable energy projects including solar, wind, biomass, hydro, hybrid energy systems, nuclear plant, green building equipment, carbon credit trading, biofuels energy”
Company is seeking shareholder approval via special resolution to add wind energy generation to its objects clause, alongside a planned INR 30 crore NCD raise likely funding such projects, but no current revenue from wind is confirmed in the opening pages.
“5. To undertake, develop, establish, construct, acquire, lease, own, operate, maintain and manage wind energy, solar energy, wind-solar hybrid and other renewable energy generation projects”
Endurance Techno.Auto Components & EquipmentsMention-only₹34,124 CrP/E 35.2 vs 26.7ROCE 15.6%
Wind-power generation is listed as one of three activities subject to cost audit, but the text does not indicate whether it is a commercial power-generation business or captive capacity, and no scale or revenue detail is provided.
“The said appointment is for cost audit of the following business activities of the Company for the financial year 2026-27:
a. manufacturing of engine components;
b. manufacturing of dies and moulds; and
c. generation of electricity through windmill.”
MidwestGranites & MarblesMention-only₹3,616 CrP/E 31.4 vs 22.1ROCE 12.5%
Their HMS/monazite is a potential source of rare-earth oxides for permanent magnets used in wind turbine generators.
“It contains elements such as neodymium and praseodymium, which may be separated into rare-earth oxides used to manufacture permanent magnets for electric vehicles, wind turbines, electronics and defence systems.”
Vikran EngineeringCivil ConstructionMention-only₹1,474 CrP/E 24.6 vs 14.6ROCE 9.4%
Vikran Engineering amended its MoA objects to permit developing/owning/operating wind power plants, but this is enabling legal language with no indication of current wind operations or revenue.
“develop, construct, own, operate, maintain, lease or transfer power plants and power generating stations of every kind, including solar, wind, hydro/hydel, thermal, nuclear, energy storage and other renewable energy systems”
A proposed Solar/Wind/Hybrid project funding object was dropped from the revised warrant-issue allocation, so the text shows no current wind-energy operations.
“Funding expenditure for proposed Solar/ Wind/ Hybrid Project(s). 20.00 Omitted”
Vijay SolvexEdible OilMention-only₹216 CrP/E 11.2 vs 18.8ROCE 7.1%
The company owns a wind power plant at Jaisalmer, Rajasthan, but it was not operated during FY26 as it was not financially viable, with only marginal revenue impact.
“Wind Power Generation plant of the Company located at Village Hansua, District Jaisalmer, Rajasthan was not in operation as the segment is not financially viable to run. However, the effect of this segment is very marginal on overall revenue of the Company.”
Company states a strategic focus on renewable energy assets including wind, but reports zero revenue and is still in the process of identifying, evaluating and acquiring clean energy projects.
“The Company is engaged in making strategic investments in the infrastructure sector, particularly in the power generation segment, with a focus on renewable energy assets such as wind and biomass-based power plants.”
Offshore wind is cited as an industry demand driver and opportunity for the OSV fleet, but the company's current revenue comes from oil & gas E&P charters; no direct wind-generation business.
“Offshore Wind Boom: Global efforts to install clean energy create strong new demand for specialized wind turbine installation and maintenance vessels.”
Roller bearings are noted to benefit from growth in offshore wind farms as a market trend; Vishal is not a wind-specific component supplier or operator.
“Moreover, increase in number of offshore wind farms results in greater adoption of roller bearings.”
Wind power generation is mentioned only in passing within a garbled sentence about the company's activities; it is not listed as a reporting segment (only Agarbathies and Hotel divisions are) and has no associated revenue or capacity disclosure.
“Industry operators are increasingly moving towards modernization and expansion as encouraged by the so-designated film production and distribution activities wind power generation; hotels, construction activities by Government.”
Wind energy is referenced only as a future, conditional exploration item tied to resumption of (currently non-operational) manufacturing, with no capacity, capex or revenue today.
“The Company continues to explore the feasibility of utilising alternate sources of energy, including solar and wind energy, as and when operations are resumed.”
Winro CommercialNon Banking Financial Company (NBFC)Mention-only₹31 CrP/E 0.1 vs 18.9
The company previously operated a windmill for renewable power generation but discontinued the activity during FY26 and reclassified it as an asset held for sale.
“the Company discontinued this windmill-based power generation activity, and the Board approved the disposal of the windmill. Accordingly, the windmill and the underlying land have been reclassified from Property, Plant and Equipment to Assets Held for Sale”
Wind energy is referenced only as an exploration/aspiration item in the 'Manufacturing & Renewable Energy' section — no current operations, projects or revenue disclosed.
“Exploration of wind & geothermal energy projects.”
Prashant IndiaOther Textile ProductsMention-only₹6 CrP/E 1.0 vs 16.4ROCE -23.7%
The company had a Wind Power Division in Dhank (Rajkot), but disposed of its plant and machinery during FY25-26 and shareholders approved leasing out the division; it is no longer operating wind generation as a business.
“During the year, the Company also disposed of the plant and machinery of its Wind Power Division. In addition, the shareholders, by way of a Postal Ballot, approved the proposal to lease the Wind Power Division situated at Dhank.”
Definition used: Manufactures wind turbines or components, or develops/owns/operates wind generation capacity AS A BUSINESS (selling power or capacity). Captive wind capacity for the company's own consumption does NOT qualify. Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.
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