DISCOMs AT&C losses drop by 1% y-o-y to 15.4% in FY2022-23: Govt report
psuwatch.com
India
12-03-2024
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Power distribution companies (DISCOMs) saw an improvement of 1 percentage point in AT&C (Aggregate Technical & Commercial) losses as the figure declined from 16.2 percent in FY2021-22 to 15.4 percent in FY2022-23, according to a rating report unveiled by Power Minister RK Singh on Monday. The AT&C losses were at 21.2 percent in FY2020-21. At least 43 out of 67 utilities saw an improvement in their AT&C losses, with 13 utilities recording a greater than five percent improvement — Ladakh PD, MSPDCL, PuVVNL, MVVNL, TPCODL, TPWODL, Mizoram PD, TCED, TPNODL, SBPDCL, DVVNL, NBPDCL and APSPDCL, showed the 12th Edition of Integrated Rating of Discoms.
Driven by replacement of defective meters, improved vigilance in the prevention of theft and segregation of agriculture feeders, billing efficiency improved to 87 percent in FY23 as opposed to 86.1 percent in FY22. Collection efficiency, which improved from 92.9 percent in FY2020-21 to 97.3 percent in FY2021-22, remained at the same figure.