+
Govt considers listing PSU green energy arms, says Dipam secretary
POWER & RENEWABLE ENERGY

Govt considers listing PSU green energy arms, says Dipam secretary

Tuhin Kanta Pandey, the Secretary of the Department of Investment and Public Asset Management (Dipam), mentioned on Friday that the Central Government is considering the potential listing of subsidiaries of specific public energy companies.

Pandey stated that there was ample opportunity for the subsidiary units of some significant companies to enter the market. He observed a rapid transition occurring in the energy sector, with energy companies creating subsidiaries for green assets. According to Pandey, these subsidiaries exhibit tremendous growth prospects and are expanding rapidly. He expressed that such developments are expected to materialize.

Moreover, he mentioned that some of the monetisation activities could be executed through the capital market, specifically through initial public offerings (IPOs).

Pandey emphasised the importance of listings in deepening the market, highlighting that listed companies outperform their unlisted counterparts. Regarding the divestment of public sector companies, he emphasised the need for the dilution of stocks in the market to adhere to principles consistent with market dynamics. He cautioned against creating a price overhang or selling at undervalued prices.

Pandey shared these insights during his address at the capital market summit organized by the industry body Assocham.

Tuhin Kanta Pandey, the Secretary of the Department of Investment and Public Asset Management (Dipam), mentioned on Friday that the Central Government is considering the potential listing of subsidiaries of specific public energy companies. Pandey stated that there was ample opportunity for the subsidiary units of some significant companies to enter the market. He observed a rapid transition occurring in the energy sector, with energy companies creating subsidiaries for green assets. According to Pandey, these subsidiaries exhibit tremendous growth prospects and are expanding rapidly. He expressed that such developments are expected to materialize. Moreover, he mentioned that some of the monetisation activities could be executed through the capital market, specifically through initial public offerings (IPOs). Pandey emphasised the importance of listings in deepening the market, highlighting that listed companies outperform their unlisted counterparts. Regarding the divestment of public sector companies, he emphasised the need for the dilution of stocks in the market to adhere to principles consistent with market dynamics. He cautioned against creating a price overhang or selling at undervalued prices. Pandey shared these insights during his address at the capital market summit organized by the industry body Assocham.

Next Story
Real Estate

No glass boxes!

India is moving away from the ‘glass box’ syndrome, all-glass façades that were widely used in commercial buildings in the last two decades but came at a significant environmental cost given the country’s predominantly hot and humid climate. Poor thermal performance, excessive heat gain and dependency on mechanical cooling systems made buildings with glass façades energy guzzlers and significantly increased their carbon footprint.That said, it’s important to be aware that “glass is not the enemy,” points out Heena Bhargava, Architect, Architecture Discipline. “How it ..

Next Story
Infrastructure Transport

Why do pavements fail?

India’s highways continue to expand at a healthy pace. But conversations on the surface quality of highways are growing louder because major deficiencies and black spots continue to be identified, and they are cause for concern.“Road surface roughness causes vehicle vibrations that, in turn, can affect the performance of drivers,” explains Dr V K Gahlot, Road Safety Auditor, Centre for Research and Sustainable Development (CfRSD). “Continuous exposure may induce fatigue, a contributory factor to road accidents. Road surface roughness also affects the vehicle operating cost...

Next Story
Infrastructure Urban

APAC Logistics Rents Fall for First Time Since 2020

Logistics rents across the Asia-Pacific region declined 0.4% year-on-year in H1 2025, marking the first annual drop since 2020, according to Knight Frank’s Logistics Highlights H1 2025 report. Despite global trade tensions and cautious occupier sentiment, India emerged as a standout performer, driven by robust manufacturing momentum and supply chain recalibration.Regional Trends and DivergenceWhile rents largely remained stable across most markets, regional differences became more pronounced:Mainland China continued to see rental declines, though the pace of decline moderated to 12.8% YoY, s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?