Moneycontrol BureauFourteen Indian companies have been named by global energy, petrochemical information firm Platts in its list of top 250 energy companies. The eligibility criteria was that the companies need to be listed and should have assets greater than USD 5 billion.
Thirteen companies found themselves in the list in 2014 and NHPC is the latest entrant. According to Platts, the rankings are based on assets, revenues, profits and return on invested capital for the prior fiscal year.
"India's top three energy companies - Reliance Industries (number 14), ONGC ( number 17) and Coal India ( number 38) showed notable advancements in ranks versus a year ago," the report says.
Reliance Industries, which was pushed to second place in 2014 by ONGC, regained its numero uno position. Largest coal miner Coal India replaced Indian Oil Corporation to stand third.
Power Grid Corporation of India, ranked 129th globally, is the fastest growing Indian energy company and over the last two years (2014: number 142, 2013: number 139) has made good progress in its ranking.
Indian Oil Corporation, GAIL India, Cairn India, Reliance Infrastructure and Oil India saw major slides in their rankings.(Posted by Ritika Dange)Disclosure: Network 18, which publishes moneycontrol.com, is now part of the Reliance Group.
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