The Annual Integrated Rating Exercise, conducted under the approval and guidance of the Ministry of Power since 2012, serves as a transparent, authentic source for utilities to assess their performance and provides a blueprint for stakeholders to develop their policies, redressal solutions, measure impact, etc. This report publishes results and insights from the 12th edition of this annual exercise, conducted by the Power Finance Corporation Limited as the nodal agency, covering 72 power distribution utilities comprising 44 state discoms, 15 private discoms, and 13 power departments across India.
The scores and grades of Discoms have shown improvement in the 12th Ratings, as compared to the previous 11th rating
• Among the 55 discoms covered in 12th Integrated Ratings, 30 saw improved scores
• Despite a challenging year, 17 Discoms saw grades improve, whereas 14 discoms have been downgraded.
• The number of Discoms awarded C or lesser grade (C-, D) have reduced from 32 in the financial year 2021 to 17 in the financial year 2023
Access the complete report here