Daily News Wrap-Up: Nearly a Third of All DISCOMs Improve Rank in Annual Appraisal
Karnataka topped the State Energy Efficiency Index for the second consecutive year
April 12, 2023
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The Central government’s annual appraisal of power distribution companies’ (DISCOMs) financial and operational performance saw 21 entities improve their rank over the last year. Only one company — Indian Power Corporation – was downgraded. The eleventh annual integrated ratings for the financial year (FY) 2022 released by the Ministry of Power assessed the performance of 71 DISCOMs and awarded ten entities with A+ ratings. These included Adani Electricity Mumbai, Dakshin Gujarat Vij Company, Madhya Gujarat Vij Company, DNH Power Distribution Corporation, Uttar Gujarat Vij Company, Paschim Gujarat Vij Company, Uttar Haryana Bijli Vitran Nigam, Dakshin Haryana Bijli Vitran Nigam, Noida Power Company, and Tata Power Mumbai.