Adani Group's Adani Electricity Mumbai Ltd. and three Tata Power-led distribution companies are among the discoms that have attained a high 'A+' rating in the government's list of top 63 power utilities in India.
According to the 13th Integrated Rating and Ranking Power Distribution Utilities, a total of 11 companies have received A+ ratings, 11 have received A, 10 (B ratings), 13 (B-), 10 (C), 8 (C-).
Tata Power-led discoms which have received A+ ratings are TP Central Odisha Distribution Ltd., TP Northern Odisha Distribution Ltd., and TP Western Odisha Distribution Ltd.
Others to get A+ rating are Dakshin Gujarat Vij Company Ltd., Noida Power Company Ltd., Madhya Gujarat Vij Company Ltd., Uttar Gujarat Vij Company Ltd., Uttar Haryana Bijli Vitran Nigam Ltd., Paschim Gujarat Vij Company Ltd. and Dakshin Haryana Bijli Vitran Nigam Ltd.
The 13th Integrated Rating Exercise methodology comprises 15 base rating metrics and nine disincentives, culminating in a comprehensive score out of 100 to evaluate each utility's performance holistically.
Subsequently, utilities are assigned grades (A+, A, B, B-, C, C- and D) based on these scores and specific overriding conditions.
The objective of the Integrated Rating is to rate all utilities in power distribution sector based on their financial & operational performance (internal factors) and regulatory environment & state government support (external factors).
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