updated
39 results Total investment of current selection: $ 39,691 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Reliance Industries Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 14,206 M | $ 14,206 M | ||||||
| 2 | Adani Group | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | Adani Australia Pty Ltd, Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, Adani Power Ltd, Adani Energy Solutions Ltd, North Queensland Export Terminal Pty Ltd, PT Adani Global, Bravus Mining and Resources, Pench Thermal Energy (MP) Ltd, Adani Power Dahej Ltd, Adani Power (Jharkhand) Ltd, Karaikal Port Pvt Ltd, Adani Krishnapatnam Port Ltd, Mahan Energen Ltd, Bowen Rail Co Pty Ltd, Stratatech Mineral Resources Pvt Ltd, Adani Electricity Mumbai Ltd, NQXT Capital Pty Ltd, Adani Rugby Run Finance Pty Ltd, Mahanadi Mines and Minerals Pvt Ltd, CG Natural Resources Pvt Ltd, MP Natural Resources Pvt Ltd, Anuppur Thermal Energy (MP) Pvt Ltd, Katni Thermal Energy (MP) Ltd, Mirzapur Thermal Energy (UP) Pvt Ltd, Adani Infra (India) Ltd, Kalinga Alumina Ltd, Ambuja Cements Ltd | $ 5,784 M | $ 5,784 M | |||||
| 3 | Coal India Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | Bharat Coking Coal Ltd, Central Coalfields Ltd, Eastern Coalfields Ltd, Mahanadi Basin Power Ltd, Mahanadi Coalfields Ltd, Northern Coalfields Ltd, South Eastern Coalfields Ltd, Western Coalfields Ltd, Mahanadi Coal Railway Ltd, Jharkhand Central Railway Ltd, Chhattisgarh East Railway Ltd, Chhattisgarh East-West Railway Ltd | $ 3,273 M | $ 3,273 M | |||||
| 4 | Oil and Natural Gas Corporation Ltd (ONGC) | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 3,024 M | $ 3,024 M | ||||||
| 5 | NTPC Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | Jhabua Power Ltd, Patratu Vidyut Utpadan Nigam Ltd, Bhartiya Rail Bijlee Co Ltd, Kanti Bijlee Utpadan Nigam Ltd, Nabinagar Power Generating Co Ltd, THDC India Ltd, NTPC Mining Ltd | $ 1,790 M | $ 10 M | $ 1,799 M | ||||
| 6 | Indian Oil Corporation Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 1,541 M | $ 1,541 M | ||||||
| 7 | JSW Steel Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | JSW Utkal Steel Ltd | $ 1,499 M | $ 1,499 M | |||||
| 8 | Vedanta Resources Ltd | Life Insurance Corporation of India | investment | India | United Kingdom | South Asia | Europe (non EU) | Vedanta Finance (Jersey) Ltd, Vedanta Resources Jersey II Ltd, Vedanta Resources Jersey Ltd, Athena Chhattisgarh Power Ltd, Vedanta Finance UK Ltd, Vedanta Ltd, Vedanta Resources Finance Ltd, Talwandi Sabo Power Ltd, Vizag General Cargo Berth Pvt Ltd, Facor Power Ltd | $ 1,043 M | $ 1,043 M | |||||
| 9 | GAIL (India) Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 1,014 M | $ 2 M | $ 1,016 M | |||||
| 10 | Tata Power Co Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | Bhira Investments Pte Ltd, Khopoli Investments Ltd, Maithon Power Ltd, Industrial Energy Ltd | $ 1,010 M | $ 1,010 M | |||||
| 11 | Hindalco Industries Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 1,000 M | $ 1,000 M | ||||||
| 12 | Bharat Heavy Electricals Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 846 M | $ 846 M | ||||||
| 13 | JSW Energy Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | Ind-Barath Energy Utkal Ltd, South African Coal Mining Holdings Ltd, JSW Energy (Barmer) Ltd | $ 665 M | $ 665 M | |||||
| 14 | Steel Authority of India Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 568 M | $ 568 M | ||||||
| 15 | Shree Cement Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 487 M | $ 487 M | ||||||
| 16 | NMDC Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 477 M | $ 477 M | ||||||
| 17 | Oil India Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | Oil India International Pte Ltd, Numaligarh Refinery Ltd | $ 405 M | $ 405 M | |||||
| 18 | Hindustan Petroleum Corporation Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | HPCL LNG Ltd | $ 308 M | $ 3 M | $ 311 M | ||||
| 19 | Torrent Power Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 191 M | $ 191 M | ||||||
| 20 | Swan Energy Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 116 M | $ 116 M | ||||||
| 21 | SJVN Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | SJVN Thermal Pvt Ltd | $ 99 M | $ 99 M | |||||
| 22 | National Aluminium Co Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 96 M | $ 96 M | ||||||
| 23 | CESC Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | Crescent Power Ltd, Dhariwal Infrastructure Ltd, Haldia Energy Ltd | $ 73 M | $ 73 M | |||||
| 24 | NLC India Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | NLC Tamil Nadu Power Ltd, Neyveli Uttar Pradesh Power Ltd | $ 46 M | $ 46 M | |||||
| 25 | Reliance Power Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | Reliance Bangladesh LNG & Power Ltd, Rosa Power Supply Co Ltd, Sasan Power Ltd, Vidarbha Industries Power Ltd | $ 35 M | $ 35 M |
Remarks
Financial data is drawn from the commercial database Refinitiv (now known as LSEG Data & Analytics). For a selection of pension and sovereign wealth funds, data was collected from the fund disclosures and SEC filings in individual cases. The data was retrieved in May 2024, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
For more information read our detailed Methodology!