Adani Electricity Mumbai Ltd (Adani Electricity) has emerged as the top-most electricity distribution company in India among 71 such discoms. The company secured Grade A+ and got the highest integrated score of 99.6 out of 100 as per the power ministry’s 11th edition of the ‘Annual Integrated Rating and Ranking’ of the power distribution utilities across India. The report was compiled by McKinsey and Company, which assessed the accounts of electricity distribution companies for three financial years from 2019-2020 to 2022-2023.
According to a statement issued by the company, all the discoms were judged on the basis of its exemplary governance, encompassing financial sustainability, performance excellence, and external environment.
Adani Electricity emerged as the only private utility to make it to the top five on the list.
The company recently announced the lowest tariff hike among all the distribution companies (discoms) in Maharashtra for the period reviewed under the Multi-Year Tariff mechanism.
