Adani Electricity Mumbai Tops FY24 DISCOM Rankings

03 Mar 2025 CW Team

The Ministry of Power has released its 13th annual integrated ratings report for FY 2024, evaluating the financial and operational performance of 52 power distribution companies (DISCOMs). The assessment covered parameters like the Average Cost of Supply–Average Realizable Revenue (ACS-ARR) gap, Aggregate Technical and Commercial (AT&C) losses, billing efficiency, collection efficiency, governance, subsidy realisation, and tariff cycle adherence.

Adani Electricity Mumbai Ltd. (AEML) retained its top position with an integrated score of 99.8, driven by improvements across key metrics. AEML reduced its AT&C losses from 6.48% in FY23 to 6.12% in FY24 and increased billing efficiency from 93.73% to 94.13%. The ACS-ARR gap improved by Rs 0.91/kWh, while days receivable and payable were cut to 15 and 37 days, respectively.

Dakshin Gujarat Vij Company secured second place with a score of 97.5, excelling in AT&C loss reduction and collection efficiency. Noida Power Company ranked third with a score of 97.2, showing better liquidity management despite a slight increase in its ACS-ARR gap. Other top performers included Madhya Gujarat Vij Company, Uttar Gujarat Vij Company, and Uttar Haryana Bijli Vitran Nigam.

Overall, AT&C losses across DISCOMs rose from 15.3% to 16.3% due to decreased collection efficiency, while the ACS-ARR gap narrowed from Rs 0.59/kWh to Rs 0.39/kWh, reducing the absolute cash gap to Rs 580 billion.

(Mercom)

Real Estate

13 Jan 2026

R.Evolution Launches Eywa Way of Water on Dubai Water Canal

R.Evolution has unveiled Eywa Way of Water, a landmark waterfront residential development along the Dubai Water Canal, marking the second project in its Eywa Collection. Conceived as a holistic living ecosystem, the development seeks to redefine ultra-luxury living by integrating principles of well-being, longevity and regenerative design.Building on the philosophy established with the first Eywa project, Eywa Way of Water explores the relationship between architecture, nature, energy and human experience. Inspired by the rhythm and intelligence of the ocean, the project incorporates water, ai..

Liebherr Launches Power Deals 2026 With Financing and Discounts

Liebherr has kicked off 2026 with the launch of its “Power Deals” campaign, introducing three limited-period promotional offers aimed at supporting customers across the earthmoving and material handling segments. Available in selected markets through participating sales and service partners, the initiatives combine financing incentives, anniversary benefits and cost-saving maintenance solutions.As part of Power Deal 1, Liebherr is offering a financing subsidy on selected construction and material handling machines purchased in the first half of 2026. Customers can avail of an annual subsid..

Haver & Boecker Niagara to Showcase Largest Booth at CONEXPO 2026

Haver & Boecker Niagara has announced that it will unveil its largest and most interactive exhibit to date at CONEXPO-CON/AGG 2026, scheduled to be held from March 3 to 7 in Las Vegas. The company’s expansive booth, located at C32616 in the Central Hall, has been designed as an immersive, museum-style experience offering visitors a comprehensive view of its latest mineral processing technologies.The exhibit will feature multiple themed rooms highlighting Haver & Boecker Niagara’s end-to-end solutions, including diagnostics, processing equipment, screen media, and aftermarket servic..