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Thursday, April 25, 2024

Power distribution firms in the Southern states are rated poorly

<p>Several southern states’ state electricity distribution firms (discoms) performed poorly in the 2022–2023 fiscal year (FY23), according to the Union electricity Ministry’s 12th Integrated Ratings of Discoms, which were made public on Monday.</p>
<p><img decoding=”async” class=”alignnone wp-image-499557″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-power-distribution-firms-in-the-southern-states-are-rated-poorly-download-10.jpg” alt=”theindiaprint.com power distribution firms in the southern states are rated poorly download 10″ width=”1029″ height=”685″ title=”Power distribution firms in the Southern states are rated poorly 9″></p>
<p>With a rating of 50 out of 53, Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) is at the bottom of the list. S</p>
<p>According to the 12th Integrated Rating & Ranking, the state utilities of Telangana, Karnataka, Kerala, and Andhra Pradesh are all ranked poorly. A discom’s financial sustainability, which includes its overall profitability and cash position, debt service coverage ratio, billing and collection efficiency, distribution loss, and external environment, are only a few of the areas that are covered by the rating.</p>
<p>Hubli Electricity Supply Company Limited (HESCOM), Bangalore Electricity Supply Company Limited (BESCOM), Gulbarga Electricity Supply Company Limited (GESCOM), Southern Power Distribution Company of Telangana Limited (TSSPDCL), and Telangana’s Northern Power Distribution Company of Telangana Limited (TSNPDCL) all fall under the C category.</p>
<p>The Southern Power Distribution Company of Andhra Pradesh Limited (APSPDCL), the Andhra Pradesh Central Power Distribution Company Limited (APCPDCL), and the state-owned Kerala State Electricity Board Limited (KSEBL) are rated B-, while the Chamundeshwari Electricity Supply Corporation Limited (CHESCOM) of Karnataka is rated B.</p>

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