Adani Electricity Mumbai tops Centre's discom ranking of 71 utilities

Adani Electricity emerged as the only private utility to be rated among the top five on the list and also became one of the 15 discoms which did not have any negative marking.

"Over the last five years, our customer-centric focus has enabled us to reduce and stabilise tariffs, optimise power purchase costs, and improve operational efficiencies through technology interventions, automated workflow management and a digital-first approach," Kandarp Patel, Managing Director of Adani Electricity Mumbai Ltd, said.

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"We will continue to enhance our services and infrastructure to exceed global benchmarks. We also recommit ourselves to doubling our share of renewable energy to 60 percent. This is our commitment to Mumbai and to all our stakeholders who have stood by us through this journey to Number One," Patel said.

The Annual Integrated Rating and Ranking exercise is done by the Power Finance Corporation as per a framework approved by the ministry since 2012. The ranking covers 71 power distributors comprising 45 state discoms, 14 private discoms and 12 power departments across the country.