POWER

Gujarat: Two power discoms grapple with high technical, commercial losses

Despite securing the first four positions in the ninth annual integrated rating for state power distribution utilities, two of the four power Discoms in Gujarat are still grappling with high Aggregate Technical and Commercial (AT&C) losses.

While the losses for Paschim Gujarat Vij Company Ltd (PGVCL) stood at 19.21 per cent for financial year 2019-20, the AT&C loss for Madhya Gujarat Vij Company Limited (MGVCL) deteriorated by more than 10 per cent during the year.

High AT&C losses was one of the “key concerns” highlighted for PGVCL in the “Rankings and ninth annual integrated rating: state distribution utilities” published by the Ministry of Power earlier this month.

The AT&C losses also include the Transmission and Distribution losses, shortfall in payment of subsidies announced by state governments and non recovery of dues from state departments and local bodies. In these ratings, the state discoms in Gujarat secured the first four positions with the highest A+ rating.

Source
Indian Express
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