Adani Electricity Mumbai Ltd (Adani Electricity) said it has topped the country’s 71 electricity distribution companies for its overall governance, including financial sustainability, performance excellence and external environment.
In a regulatory filing, the company disclosed that in the ministry of power’s 11th edition of the ‘Annual Integrated Rating & Ranking’ of India’s power distribution utilities, it secured the top rank with ‘Grade A+’ and the highest integrated score of 99.6 out of 100.
The rating report, published on Monday, is prepared by McKinsey & Company and the assessment is based on the accounts of the past three financial years — from 2019-2020 to 2022-2023.
