Adani Electricity makes tall claim
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.
