
The central government has reviewed the PSU listing roadmap for the financial year 2026-27, with specific focus on SJVN Green Energy and NLC India Green among other proposed listings. According to reports from ET Now, the Department of Investment and Public Asset Management (DIPAM) and Department of Public Enterprises (DPE) are actively discussing the status of proposed listings of non-core assets of some Central Public Sector Enterprises (CPSEs). The government is maintaining a sufficient gap between two IPOs to ensure better market appetite and is ready to execute plans if market conditions allow.
DIPAM eyes at least one IPO during FY2026-27 as part of the government's strategic approach to public sector asset monetization. As reported by ET Now, the execution of the listing plan will be subject to market conditions, with the government waiting for better market conditions to move forward. The focus remains on asset creation and value generation in CPSEs rather than rushing into market launches during unfavorable conditions. Alongside IPOs, minority stake sales in various CPSEs are also on the agenda as part of the broader divestment strategy.
The proposed listings are being reviewed amid current market volatility, which is influencing the government's approach to timing and execution. According to ET Now reports, the government is taking a cautious stance, ensuring that market conditions are favorable before proceeding with any major public offerings. This approach reflects the government's commitment to maximizing value for taxpayers while managing market risks associated with public sector divestment.
NHPC Limited has emerged as a key player in India's renewable energy sector with multiple strategic developments. The company is preparing to commission its Parvati hydropower plant, which is expected to add ₹1,900 crore to the company's topline, representing a significant milestone in hydropower generation capacity. Additionally, NHPC has received an ESG score of 60 from ESG Risk Assessments & Insights Limited and completed commercial operation of Unit #1 (250 MW) of its Subansiri Lower HE Project effective March 20, 2026, bringing total operational capacity to 750 MW. The company has also approved a comprehensive debt raising plan worth up to ₹8,000 crore for FY 2026-27 and plans to monetize future cash flows from select power stations over a 10-year period.