Hyderabad: Telangana may have brought per capita power consumption in this country, 2,071 units, and enhances electricity generation in recent years, but two poorly researched power distribution companies in terms of operations and financial capacity in the annual survey.
Poor performance is associated with high-power purchase costs than benchmarks and non-archiving rates with the State Arrangement Commission, continuous losses registered in the last three years.
The Ministry of Strength (MOP) has received integrated ranking exercises carried out for 41 distribution companies every year through private institutions – Research and Training Advisor ICRA Analytics and Limited – since 2013.
Integrated ninth rating was released by the MOP on Friday.
Telangana Southern Power Power Utility Limited (TSNPDCL) and Telangana North Power Distribution Limited (TSNPDCL) has been increased as’ under the ability of operational and financial performance between (rating B) ‘and’ low and low financial performance capabilities (C + ) each.
“The aggregate technical and commercial losses from TSNPDCL rose to 34.49% in the last financial year (2020-2021) compared to 26.66% in 2019-2021.
High-power purchase costs on ₹ 5.26 per unit and non-submission of requests Rates in the specified schedule, non-acceptance of subsidies from the state government and no automatic pass through fuel costs have caused poorly discom performance, “The report was stated.
Interestingly, the two disco, especially TSSPDCL, previously ranked operational and financial performance capabilities (B +) ‘, but had slipped to ranked below the average.
Similarly, TSNPDCL falls further from the lower average of operational and financial performance capabilities.
In 2016, TSSPDCL has achieved a ‘A’ rating for its high operational performance.
Explaining the reason, DISCOM officials said electrical utilities have faced financial problems because of an increase in subsidies, operational costs and non-acceptance of subsidies from the state government.
The current discount has a disadvantage in a tone around ₹ 20,000 crore.
To meet power demand, Telangana’s power utility has signed an agreement with electricity producers.
Another reason is to remember the sustainable selection, the state government does not allow discounts to revise power tariffs as a result of the utility has not submitted aggregate income (ARR) to the State Electricity Regulation Commission (TSERC).
Comptroller and General Auditor (CAG), in a recent report released in March, 2021, said TSSPDCL and TSSPDCL had suffered losses from ₹ 8,018 Crore from a total power psus loss, ₹ 28,000 crore, in the last six years.
The ranking agent has suggested that discounts must take steps for reducing aggregate (AT & C) technical and commercial losses and improve their billing efficiency.
They must ensure timely acceptance of subsidies because of the state government and file rates with TSERC.
Costage costs must be increased through appropriate tariff revisions and cost rationalization, the report said.