Centre’s annual integrated rating: 4 power discoms of Gujarat get A+ rating

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Four power distribution companies of GUVNL’s — Uttar Gujarat Vij Company Ltd. (UGVCL), Madhya Gujarat Vij Company Ltd. (MGVCL), Dakshin Gujarat Vij Company Ltd. (DGVCL) and Paschim Gujarat Vij Company Ltd. (PGVCL) — secured first four positions with highest rating of A+ in the Ninth Annual Integrated Rating conducted by Union Ministry of Power, stated an official release.

The ratings were unveiled by Minister of Power and Renewable Energy R K Singh on July 16, 2021. The ratings are conducted for evaluating performance of state power distribution utilities based on a range of parameters viz. AT&C losses, cost Efficiency, Financial Performance, Sustainability, Regulatory, Reforms, and Government Support.

Managing director of the Rajkot-headquartered PGVCL Dhimantkumar Vyas told media persons,“ Only five out of 41 power discoms of 21 states were awarded that ratings for the year 2019-20 and PGVCL was fourth among the five.

Source

Centre’s annual integrated rating: 4 power discoms of Gujarat get A+ rating

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