The Power Finance Corporation Limited (PFC) has released its 13th integrated rating report of power distribution utilities .
The rankings aim to enhance transparency, accountability, and continuous improvement among power utilities, supporting India’s transition toward a more sustainable energy future. As per the report, out of 63 power distribution utilities that have been rated for the year FY 2023-24, 32 utilities have received the top three grades of A+, A or B. Further, 21 utilities have upgraded their ratings from the previous year, while 29 utilities have retained their ratings. The gap between average cost of supply and average revenue realisation at a national level has declined and stands at about Rs 0.19 per kWh in FY 2023-24.