In the next five years, mega public sector enterprises (PSEs) of the power sector would hit the market to raise money through public listing, follow-on public offering (FPO), and refinancing routes. The Union Ministry of Power has drafted an asset monetisation plan totalling up to ₹80,000 crore as part of the Centre’s flagship National Monetisation Plan (NMP) 2.0 to run from financial year 2025-26 (FY26) to FY30.
The ministry’s NMP has proposed listing three of its PSEs — hydropower companies THDC and NEEPCO, and SGEL, the green energy arm of another hydropower company SJVN.
The ministry has estimated an offering