Adani Mumbai discom losses nearly double in three months

Adani Transmission, the company which runs the power distribution business in Mumbai, said its distribution losses in the three months ended June have widened to 13.5% from 7.8% a year ago. It has attributed the rise in distribution losses to lower revenue received as consumers were charged on provisional average billing as physical meter reading became a challenge amid the lockdowns to contain the outspread of the coronavirus.

The company said the distribution losses are subject to change after the recovery of payments from consumers after billing on actual electricity usage.