Power fluctuations

Discoms are doing better but red lights still flash

power, electricity, IIP, grids, cyber security, demand, discoms, distribution, companies, firms, transmission, transformer, workers

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Business Standard Editorial Comment

3 min read Last Updated : Apr 11 2023 | 9:53 PM IST

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The Power Finance Corporation’s latest Annual Integrated Ranking and Rating Report, the 11th in the series covering 71 power distribution companies (discoms), offers a relatively bright picture of the power sector in FY22, but the old problem of debt still darkens the outlook. On the positive side, FY22 saw a significant narrowing of the gap between the cost of supply per unit of power and the average revenue realised from 79 paise per unit of energy in FY20 to just 40 paise. The aggregate technical and commercial losses also fell to 16.5 per cent in FY22 from 21.5 per cent

Topics : Business Standard Editorial Comment Power Finance Corporation Power discoms

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