The Public Enterprises Department was established by the Government of Andhra Pradesh on 19-11-1998 vide Government Order No. 491.

The main features of the Department are as follows:

• The Department consists of two wings i.e., the Secretariat wing and the Advisory wing both headed by the Principal Secretary to Government.
  
  
• The Public Enterprises Department functions as an independent department like Finance and Law.  All Administrative Department take concurrence on all the proposals relating to the Public Enterprises under their jurisdictiion from Public Enterprises Department.
  
  
• The Public Enterprises Department reviews the functioning of all the Public Sector Enterprises and Cooperative Enterprises periodically in line with the Group of Ministers (formerly Cabinet Sub Committee) / Government's decisions and suggests measures for improvement and submits reports to Group of Ministers / Government from time to time.
  
  
• The Public Enterprises Department assists the Group of Ministers and implements the Cabinet decisions on restructuring of Public Sector Enterprises and Coperative Enterprises under the supervision of Group of Ministers.
  
  
• The Public Enterprises Department is the Administrative Department for all the Public Sector Enterprises and Cooperative Enterprises identified for disinvestment / privatisation / winding up.
  
  
• The Public Enterprises Department is the nodal agency with exclusive responsibility for formulation and implemention of PE Reforms.
  
  
• The Public Enterprises Department functions under the control of the Honorable Chief Minister.

View  GO Ms No. 491 , dt. 19-11-1998 on creation of PED.

In order to implement the reform policies and decisions effectively Government considered it necessary to strengthen the existing implementation framework  by establishing an Implementation Secretariat in the Department of Public Enterprise which is an autonomous body. The Implementation Secretariat plans and recommends the strategy for the Reform Program to the Group of Ministers and implement the same ones the strategy is approved.

View GO Ms No. 150, dt. 30-4-1998 on formation of Implementaion Secretariat under the Public Enterprises Department.