Which Union Ministry is in charge of WAPCOS, a firm that provides construction and engineering services?
Ministry of Jal Shakti
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Under the Jal Shakti Ministry, WAPCOS is an engineering consulting and construction services company. It submitted draft documents to market regulator SEBI in September 2022 in order to start an initial public offering (IPO) by selling 3.25 crore government-owned shares. The government intends to start the initial public offering (IPO) of IREDA and WAPCOS in the upcoming fiscal year, according to a recent announcement from the Department of Investment and Public Asset Management (DIPAM).
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