Orient Green Electricity Company Ltd (NSE: GREEN POWER) is a key player in India’s renewable energy sector. It focuses on generating wind and biomass electricity. As the world shifts to sustainable energy, companies like Orient Green Power are crucial in the global energy transition. With rising interest in environmental responsibility and cleaner options, investors are keenly watching the company’s stock.
Renewable energy is gaining popularity, boosting returns on green energy investments. This article examines fundamental analysis and market trends to forecast Orient Green Power’s share price for 2024, 2025, 2030, 2040, and 2050. By analyzing factors affecting the company’s growth, investors can find opportunities and challenges for this top green energy firm.
Orient Green Power Company Ltd Overview
| Aspect | Details |
|---|---|
| Company Name | Orient Green Electricity Company Ltd |
| Stock Ticker | NSE: GREEN POWER |
| Sector | Renewable Energy |
| Primary Focus | Wind and Biomass Electricity Generation |
| Established | 2006 |
| Headquarters | India |
| Market Cap | Variable (check for real-time data) |
| Revenue Sources | Wind Power, Biomass Power |
| Installed Capacity | ~300 MW (subject to change) |
| Key Markets | India |
| Sustainability Goals | Focused on clean and green energy solutions |
| Stock Exchange | National Stock Exchange of India (NSE) |
| Future Prospects | Expansion into new renewable energy sources, growth in wind and biomass sectors |
| Competitors | ReNew Power, Tata Power, Adani Green Energy |
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Orient Green Power Company Ltd Products
| Product | Description |
|---|---|
| Wind Power | OGPL operates approximately 402.3 MW of wind energy capacity across Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka in India, along with a 10.5 MW wind farm in Croatia. The company focuses on developing and operating wind farms in regions with favorable wind conditions and supportive renewable energy policies. |
| Biomass Power | The company manages 11 biomass power plants and one biogas plant with a combined installed capacity of 106 MW in states including Tamil Nadu, Maharashtra, Rajasthan, Telangana, and Madhya Pradesh. Biomass projects are also under development in Gujarat, Punjab, West Bengal, and Sri Lanka. |
| Biogas | OGPL’s biogas projects convert organic waste into renewable energy, contributing to waste management and sustainable power generation. The company operates a biogas plant in Tamil Nadu, with plans to expand its biogas portfolio. |
| Small Hydro | OGPL is exploring opportunities in small hydroelectric power generation, aiming to diversify its renewable energy portfolio and enhance energy security. |
Orient Green Power Company Ltd Fundamentals
| Metric | Value |
|---|---|
| Market Capitalization | ₹1,307 crore (~₹13.07 billion) |
| Stock Price (NSE) | ₹14.00 (as of May 2025) |
| P/E Ratio (TTM) | 28.80 |
| EPS (TTM) | ₹0.39 per share |
| Revenue (FY 2024) | ₹263 crore (~₹2.63 billion) |
| Net Income (FY 2024) | ₹38.81 crore (~₹388 million) |
| Return on Equity (ROE) | 4.9% (TTM) |
| Debt-to-Equity Ratio | 1.13 |
| Dividend Yield | Not currently paying dividends |
| Promoter Holding | 32.5% |
| Beta (1-Year) | 1.13 |
| Face Value | ₹10.00 |
Orient Green Power Share Price Target 2025
Orient Green Power is a leading player in India’s wind and biomass energy sector. The company is committed to sustainable practices and contributes to the nation’s green energy goals. With a diverse portfolio of power plants in various states, it shows its dedication to renewable energy. The company uses advanced technology and skilled workers to improve operations. Our analysis predicts the share price will reach ₹22.92 by 2025, ranging from ₹8.51 to ₹22.92.
| 2025 | 8.51 | 22.92 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 14.21 | 17.30 |
| February | 11.80 | 16.40 |
| March | 10.53 | 16.87 |
| April | 9.24 | 17.21 |
| May | 8.74 | 17.90 |
| June | 8.51 | 18.25 |
| July | 9.54 | 18.88 |
| August | 10.21 | 19.10 |
| September | 10.87 | 19.89 |
| October | 11.21 | 20.25 |
| November | 12.58 | 21.39 |
| December | 13.58 | 22.92 |
Orient Green Power Share Price Target 2026
Orient Green Power is a top independent renewable energy generator. It stands to gain from India’s rising need for clean energy. The company aims for growth through better operational efficiency and expanding capacity. By executing projects well and being strong in wind-rich areas, Orient Green Power is strengthening its market position. Our analysis shows the company’s share price could hit ₹41.65 by 2026. The expected range is between ₹12.55 and ₹41.65.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 12.55 | 41.65 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 24.65 | 29.21 |
| February | 18.24 | 21.54 |
| March | 16.24 | 17.51 |
| April | 12.55 | 14.57 |
| May | 13.54 | 17.51 |
| June | 15.58 | 21.25 |
| July | 19.21 | 28.25 |
| August | 26.74 | 31.54 |
| September | 30.01 | 34.52 |
| October | 32.54 | 37.54 |
| November | 35.56 | 39.58 |
| December | 37.58 | 41.65 |
Share Price Target 2027
The company has built a solid base through various renewable energy projects, mainly in wind and solar power. It has a strong record of providing clean energy reliably. Its large-scale operations give it a big advantage in the market. The company manages its energy assets well, which cuts costs and boosts profits. These elements together set the company up for steady growth, likely raising its share price in the coming years. Our analysis shows the share price could hit ₹52.53 by 2027.
By 2027, our analysis shows the share price will range from ₹22.32 to ₹52.53.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 22.32 | 52.53 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 37.58 | 42.44 |
| February | 34.25 | 36.54 |
| March | 28.54 | 30.25 |
| April | 26.41 | 27.84 |
| May | 24.25 | 26.21 |
| June | 22.32 | 27.25 |
| July | 25.54 | 30.57 |
| August | 28.25 | 33.51 |
| September | 31.58 | 38.25 |
| October | 36.45 | 46.52 |
| November | 43.57 | 49.54 |
| December | 48.20 | 52.53 |
Share Price Target 2028
The company has built a strong portfolio of wind and solar power projects. This growth drives its success in clean energy. With a skilled management team and technical expertise, Orient Green Power is set to stay competitive and expand. Also, its focus on improving energy production efficiency increases profitability. These strengths set the company up for future growth. Our analysis predicts the share price will reach ₹64.12 by 2028, ranging from ₹34.54 to ₹64.12.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 34.54 | 64.12 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 48.20 | 54.88 |
| February | 42.25 | 45.74 |
| March | 38.47 | 40.25 |
| April | 34.54 | 39.74 |
| May | 38.74 | 44.87 |
| June | 42.56 | 45.39 |
| July | 44.48 | 48.51 |
| August | 46.57 | 50.84 |
| September | 48.65 | 53.58 |
| October | 52.25 | 58.51 |
| November | 56.58 | 61.51 |
| December | 59.21 | 64.12 |
Share Price Target 2029
The company excels in managing a diverse mix of renewable energy projects. This gives it a strong edge in the market. Its focus on sustainability and growth in wind and solar projects prepares it to meet the rising demand for clean energy in India. With a solid history of completing projects and managing finances well, the company is on track for ongoing growth. Our analysis shows the share price could reach ₹78.59 by 2029, with an expected range from ₹48.54 to ₹78.59.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 48.54 | 78.59 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 59.21 | 65.58 |
| February | 53.51 | 56.62 |
| March | 48.54 | 51.25 |
| April | 50.44 | 53.54 |
| May | 52.41 | 55.74 |
| June | 54.41 | 58.41 |
| July | 56.74 | 60.21 |
| August | 58.54 | 62.74 |
| September | 60.74 | 64.54 |
| October | 63.21 | 70.25 |
| November | 58.58 | 73.25 |
| December | 72.01 | 78.59 |
Orient Green Power Share Price Target 2030
Orient Green Power aims to lead India’s renewable energy sector by 2030. Early investments in wind power and expertise in biomass have built a strong foundation for long-term success. As India sets ambitious clean-energy goals, the company’s tech innovation and focus on sustainability will be key to its growth. Our analysis projects Orient Green Power’s share price will hit ₹100.45 by 2030, with a trading range of ₹72.10 to ₹100.45.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 72.01 | 100.45 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 72.01 | 79.65 |
| February | 73.57 | 80.25 |
| March | 75.58 | 82.15 |
| April | 77.15 | 83.54 |
| May | 79.25 | 84.64 |
| June | 82.25 | 88.45 |
| July | 85.51 | 90.15 |
| August | 86.54 | 91.41 |
| September | 88.45 | 92.51 |
| October | 89.45 | 95.25 |
| November | 93.25 | 97.44 |
| December | 94.45 | 100.45 |
Share Price Target 2040
By 2040, Orient Green Power will likely lead India’s renewable energy sector. With decades of experience, the company is set to expand its capacity and diversify its clean energy portfolio. As global demand for sustainable power rises, Orient Green Power’s skills in wind and biomass generation will strengthen its leadership. Supported by long-term power purchase agreements and strong infrastructure, the firm is ready for stable cash flows. Our analysis predicts its share price will reach ₹218 by 2040, with a trading range of ₹168 to ₹218.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 168 | 218 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 168 | 173 |
| February | 171 | 178 |
| March | 175 | 184 |
| April | 182 | 187 |
| May | 184 | 190 |
| June | 188 | 193 |
| July | 190 | 195 |
| August | 192 | 197 |
| September | 195 | 200 |
| October | 198 | 206 |
| November | 203 | 211 |
| December | 207 | 218 |
Share Price Target 2050
By 2050, Orient Green Power is set to redefine India’s renewable‑energy landscape. Building on decades of expertise, the company will have significantly expanded its capacity and diversified into new clean‑tech arenas such as energy storage and smart‑grid solutions. As global demand for sustainable power accelerates, Orient Green Power’s integrated offerings will position it at the forefront of India’s green‑energy revolution. Its established track record and evolving technology portfolio should drive consistent value creation. According to our projections, the share price is expected to reach ₹353 by 2050, trading within a range of ₹298 to ₹353.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 298 | 353 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 298 | 306 |
| February | 302 | 311 |
| March | 308 | 316 |
| April | 313 | 320 |
| May | 316 | 323 |
| June | 321 | 327 |
| July | 324 | 331 |
| August | 327 | 337 |
| September | 332 | 343 |
| October | 340 | 346 |
| November | 344 | 348 |
| December | 345 | 353 |
Should I buy Orient Green Power stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 8.51 | 22.92 |
| 2026 | 12.55 | 41.65 |
| 2027 | 22.32 | 52.53 |
| 2028 | 34.54 | 64.12 |
| 2029 | 48.54 | 78.59 |
| 2030 | 72.01 | 100.45 |
| 2040 | 168 | 218 |
| 2050 | 298 | 353 |
Investing in Orient Green Power’s stock requires caution. The company has a debt-to-equity ratio of about 80%. Its return on equity is just 4%. Recent sales fell by 3%. While it has a solid 14% pre-tax margin, its earnings per share are lower than its peers, showing inconsistent performance. Despite some recent interest in trading, the stock’s overall Master Score is a D. This score indicates weak fundamentals and limited technical momentum. Because of these issues, analysts suggest a cautious approach. The stock may find it hard to do well in the current market.
Orient Green Power Company Earning Results
| Metric | Value |
| Quarterly Revenue (Jun 2024) | ₹8 Crore (34.3% YoY growth) |
| Total Income | ₹6,839 Lakh |
| Revenue from Operations | ₹6,344 Lakh |
| Other Income | ₹495 Lakh |
| Operating Revenue (TTM) | ₹270.98 Crore |
| Net Profit Margin | 14% |
| Debt to Equity Ratio | 80% |
| Return on Equity (ROE) | 4% |
| Market Capitalization | ₹2,044.81 Crore |
| PE Ratio | 38.18 |
| 1 Year Return | 132.6% |
Future Outlook of Orient Green Power Company
1. Market & Policy Drivers
1.1 India’s Renewable Targets
- The government has set a target of 500 GW of non‑fossil capacity by 2030, reinforcing strong demand for new wind and biomass capacity.
- Enhanced renewable‑purchase obligations (RPOs) and viability‑gap funding schemes improve long‑term visibility for developers.
1.2 Emerging Incentives
- Plans to introduce competitive bids for hybrid wind‑solar plus storage projects may reward vertically integrated players.
- Green hydrogen and pumped hydro storage policies could open new revenue streams for established renewable operators.
2. Company Growth Strategies
2.1 Capacity Expansion
- Orient Green Power is targeting incremental capacity additions in high‑wind‑resource states (Tamil Nadu, Andhra Pradesh, Gujarat, Karnataka) and exploring biomass opportunities in central India.
- The company’s multi‑state footprint mitigates resource‑and‐offtaker concentration risk.
2.2 Diversification into New Technologies
- Pilot projects in battery energy storage systems (BESS) and micro‑grid solutions will allow the company to optimize merchant trading and ancillary‐services revenues.
- Exploration of small‑hydro and biogas plants in underserved regions could further diversify cash flows.
3. Financial & Stock Outlook
3.1 Revenue & Cash‑Flow Visibility
- Long‑term PPAs, often 15–20 years in tenure, provide predictable EBITDA streams and support debt servicing.
- The shift toward tariff‑based auctions should enhance margin stability.
3.2 Valuation & Share‑Price Drivers
- Continued earnings growth from capacity additions—coupled with India’s benign interest‑rate outlook—may re‐rate the stock multiple over time.
- Entry into storage and hybrid segments could warrant a premium valuation relative to pure‐play wind developers.
4. Risks & Mitigants
- Tariff Pressure: Aggressive bidding in auctions may compress returns. Mitigant: focus on high‑resource sites with lower levelized cost of energy (LCOE).
- Financing Constraints: Rising interest rates or tighter leverage norms could slow project roll‑out. Mitigant: strong promoter support and potential strategic partnerships.
- Regulatory Uncertainty: Changes in RPO enforcement or grid‐access regulations. Mitigant: diversified portfolio across states and technologies.
Is Orient Green Power stock good to buy?
Bull Case
- India’s renewable energy sector offers substantial growth opportunities as demand for clean power accelerates.
- Strong government incentives and supportive policies bolster sustainable energy development.
- Improving financial performance and a strategy focused on debt reduction enhance balance‑sheet health.
- Potential for expanding profit margins and overall profitability as operations scale.
- Rising ESG allocations by institutional investors could drive additional capital inflows.
Bear Case
- A high debt burden may pressure near‑term earnings and cash flow.
- Regulatory changes or tariff adjustments in the power sector could introduce uncertainty.
- Variability in weather patterns can disrupt wind‑power generation and output.
- Intensifying competition in renewables may tighten project returns.
- Future equity raises or capital markets offerings risk diluting existing shareholders.
FAQs
1. What does Orient Green Power do?
Orient Green Power is a leading renewable energy company in India, primarily focused on wind and biomass power generation. The company develops and manages renewable energy projects in several Indian states.
2. How does government support impact Orient Green Power?
Government support through renewable energy policies, incentives, and renewable purchase obligations (RPOs) greatly helps the company grow. These measures create a friendly environment for renewable energy developers like Orient Green Power. This support allows them to expand capacity and secure long-term power purchase agreements (PPAs).
3. What are the main risks of investing in Orient Green Power?
Some risks are the company’s high debt, which might hurt short-term profits. Regulatory changes in the power sector pose a challenge, too. There’s also competition in the renewable energy market. Lastly, weather conditions can affect wind power production.
4. What is the long-term growth potential for Orient Green Power?
India is focusing more on renewable energy and sustainability. Orient Green Power is set for long-term growth. The company can benefit from expanding wind and biomass projects. It can also leverage technological innovation and rising interest from institutional investors. These investors care about environmental, social, and governance (ESG) factors.
5. How does Orient Green Power manage financial risks?
The company is working towards reducing its debt burden and improving financial performance. Orient Green Power wants to secure long-term contracts for its energy projects. By diversifying its renewable energy portfolio, the company aims to create steady revenue streams. This strategy helps reduce risks from changing energy prices and market conditions.
Conclusion
Orient Green Power offers a strong chance in India’s fast-growing renewable energy market. The company can take advantage of the country’s ambitious renewable energy goals. Its solid portfolio in wind and biomass power generation is a key asset. With government backing and a focus on sustainable energy, the company is set for long-term growth.
Financially, Orient Green Power can boost margins and profits. This potential is backed by stable long-term contracts and rising interest from institutional investors focused on ESG.
But investors should also weigh the risks. The company’s high debt could affect short-term profits. Regulatory issues in the power sector and competition in renewable energy may create hurdles. Weather conditions can also impact wind power production. Plus, future capital offerings could lead to equity dilution. Careful evaluation of these risks is crucial for anyone thinking about investing in Orient Green Power.