PSPCL and DHBVN improve their rankings

PATIALA: The Punjab State Power Corporation Ltd. (PSPCL ) and Dakshin Haryana Bijli Vitran Nigam (DHBVN) have improved their last years ratings and are now covered under A-plus grade in the annual ranking for the year 2018-19 for their high operational and financial performance improvements.
The latest report released by the Union minister of state for power at the power minister’s conference has a list of 41 discoms that were assessed by ICRA and CARE after which the rating report was prepared by the Power Finance Corporation.
This year DHBVN is at 5th place while PSPCL is at 6th place, while, the Uttar Haryana Bijli Vitran Nigam (UHBVN) has been covered under an A grade.
Last year Punjab was placed at ninth position while DHBVN and UHBVN of Haryana were placed at eleventh and sixteenth place in the seventh annual rating.
The eighth rating of Ministry of Power assessed 41 power utilities of different states and out of these total six utilities have got A+ rating.
The Gujarat discoms retained its top performance in the integrated ratings
with all four power distribution utilities of the state topping the integrated ratings of state discoms.
There were seven utilities each in A and B plus grade, followed by 9 in B grade, seven in C plus and five discoms in C grade.