Maha discom recovers its step, ranks 9th, Gujarat tops again
Maharashtra government-owned power distribution company Mahavitaran has been ranked 9th by the Power Ministry in its latest annual rankings (2016-2017) among 41 state distribution utilities in India. Gujarat, Uttarakhand, and Karnataka bagged the top three positions again.
The rating parameters cover operations, finances, regulations and reform of the discoms. Maharashtra earned an A grade, which corresponds to a 65-80 per cent score. Three state utilities from Karnataka, one from Himachal Pradesh and one from Andhra Pradesh also earned Grade A.
While the latest ranking is an improvement for Mahavitaran, which ranked 14th for its performance in 2015-16, it’s yet to catch up to its 2014-15 performance when it was placed 6th. Unlike most other states, Maharashtra has only one state-run power distribution company. Distribution losses, outstanding dues, and rising debts are key concerns for the state discom, cites the rankings report by the Power Finance Corporation of India, which comes under the Ministry of Power.
Recovery of dues from agriculture and public sector utilities are less than 20 per cent and 40 per cent respectively, affecting the company’s revenue.