Gujarat Leads Power Distribution Ratings, Telangana Falls Behind

26 Feb 2025 CW Team

Gujarat's power distribution companies (DISCOMs) have once again secured top positions in the Ministry of Power’s thirteenth annual integrated ratings, with all four retaining their A+ ratings. The evaluation covered 42 state-run DISCOMs, 10 private DISCOMs, and 11 state power departments for their performance during FY 2023-24.

Among the 63 entities assessed, 21 improved their ratings, 29 maintained their previous rankings, and 13 were downgraded. The total count of A+ rated DISCOMs remained at 11, including four from Gujarat, three from Odisha, two from Haryana, and one each from Maharashtra and Uttar Pradesh.

While Gujarat maintained its dominance, Andhra Pradesh DISCOMs faced downgrades due to increased Aggregate Technical and Commercial (AT&C) losses and declining collection efficiency. Karnataka saw a mixed performance, with three DISCOMs improving their ratings, while one was downgraded. Odisha also experienced a split performance, with most DISCOMs seeing lower ratings except for TP Central Odisha Distribution, which retained its A+ status.

Maharashtra’s state-owned DISCOM saw a downgrade, whereas Adani Electricity Mumbai retained its A+ rating. In Rajasthan, two DISCOMs were downgraded, reflecting challenges in billing and collection efficiency. Tamil Nadu Power Distribution Corporation retained its C- rating, indicating persistent inefficiencies.

The ratings highlight Gujarat’s continued excellence in power distribution while underscoring challenges faced by several states, particularly Telangana, which lagged behind in performance improvements.

(Mercom)

Infrastructure Urban

19 Sep 2025

LTTS Joins MIT Media Lab To Drive AI And Sustainable Tech

L&T Technology Services, a global provider of AI, digital and engineering consulting services, has announced a multi-year membership agreement with the MIT Media Lab, one of the world’s leading research institutions.As a consortium Lab Member, LTTS will collaborate on next-generation artificial intelligence (AI) developments, highlighting its commitment to advancing transformational innovation in mobility, sustainability and technology.Under the agreement, LTTS will participate in active exchanges of knowledge with the Media Lab’s cross-disciplinary ecosystem of researchers, innovators..

Maharashtra Approves Rs 9.31 Bn for Bhandara–Gadchiroli Expressway

The Maharashtra cabinet, chaired by Chief Minister Devendra Fadnavis, has approved the revised design and funding of Rs 9.31 billion for the Bhandara–Gadchiroli controlled access expressway, a project expected to enhance connectivity across Vidarbha.The 94.2 km expressway, to be implemented by the Maharashtra State Road Development Corporation (MSRDC), will cut the Bhandara–Gadchiroli distance by 23 km and reduce travel time to 1.5 hours. Of the sanctioned funds, Rs 5.34 billion has been earmarked for project work and Rs 3.96 billion for interest, with land acquisition to begin shortly.The..

Waaree Energies to Offload 14.66% Stake in Indosolar via OFS

Waaree Energies, promoter of Indosolar, will sell up to 61 lakh equity shares, representing 14.66 per cent of Indosolar’s paid-up capital, through an Offer for Sale (OFS) on stock exchanges. The move is aimed at meeting SEBI’s minimum public shareholding (MPS) norms.The OFS will open for non-retail investors on September 18 (T-day), followed by retail investors on September 19 (T+1 day), through a dedicated trading window. Each share carries a face value of Rs 10.Antique Stock Broking has been appointed as the seller’s broker to manage the transaction, ensuring compliance and transparenc..