After being in the red for years, Haryana’s power distribution companies’ upward spiral seems to be holding on three years after it began.
The scores of the eighth Annual Integrated Rating of State Power Distribution Companies which are out show a jump of 11 to 18 points by the state’s two distribution companies (discoms) which are now in the league of “top performers” in the country.
In the ratings based on audited accounts of financial year 2018-19 and the various rating inputs, the Uttar Haryana Bijli Vitran Nigam (UHBVN) has secured a place in the ‘A category’ while the Dakshin Haryana Bijli Vitran Nigam (DHBVN) has earned “A+” in the report based on the methodology approved by the Ministry of Power, Government of India.
