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Home Business Adani Electricity Tops Centre's Ranking For Power Distributors

Adani Electricity Tops Centre’s Ranking For Power Distributors


Adani Electrical energy serves 31.5 lakh households and institutions in Mumbai. (File)

Adani Electrical energy Mumbai Restricted (AEML), which is a part of billionaire Gautam Adani’s group, has topped the centre’s rating for energy distributors for general governance, the corporate mentioned right now.

It scored the very best 99.6 out of 100 marks within the energy ministry’s eleventh version of the ‘Annual Built-in Ranking and Rating’ of 71 electrical energy distributing firms, based on a press launch.

AEML, which serves 31.5 lakh households and institutions within the nation’s monetary capital Mumbai, emerged as the one personal firm among the many high 5 discoms, the corporate mentioned. It’s also among the many high 15 discoms that shouldn’t have any adverse marking, the discharge added.

It scored 12.8 out of 13 for points associated to billing effectivity, low distribution loss, assortment effectivity, and company governance.

“This unbiased recognition is a testomony to our dedication to serve our prospects with dependable, inexpensive, and sustainable electrical energy. We’ll proceed to reinforce our companies and infrastructure to exceed world benchmarks. We additionally recommit ourselves to doubling our share of renewable power share to 60%,” mentioned Kandarp Patel, managing director, AEML.

The scores, carried out by Energy Finance Company Ltd, had been primarily based on the accounts of the previous three monetary years (from 2019-20 to 2022-23).

(Disclaimer: New Delhi Tv is a subsidiary of AMG Media Networks Restricted, an Adani Group Firm.)


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