Power distribution utilities post all-India profit in 2024-25; AT&C losses decline: Govt report

MUMBAI: The Power ministry’s 14th Annual Integrated Rating and Ranking of Power Distribution Utilities report recorded improved performance by power distribution utilities in 2024-25, including reduced Aggregate Technical and Commercial (AT&C) losses and the sector’s first all-India profit on an accrual basis.At an all-India level, rated power distribution utilities recorded a positive Profit After Tax of Rs 2,701 crore in 2024-25, compared to a loss of Rs 27,022 crore in 2023-24.The report showed AT&C losses reduced from 16% in 2023-24 to 15% in 2024-25. Billing efficiency improved from 87% to 87.6%, while collection efficiency increased from 96.6% to 97%. Days receivable improved to 112 days. Days payable to generation and transmission companies improved to 113 days from 132 days, indicating stronger cash-flow management and payment discipline.In Maharashtra, Adani Electricity maintained its A+ national ranking, reflecting year-on-year performance across operational, financial and governance parameters. The assessment reported distribution losses of 4.99% in 2024-25, billing efficiency of 95.21%, and collection efficiency of about 99.8 to 100%.The report said BEST recorded an improvement in the latest rating cycle, upgrading to an A+ grade, reflecting gains across operational metrics. For MSEDCL, the AT&C losses reduced from 24.39% in 2023-24 to 18.09% in 2024-25, and billing efficiency improved to 84.22%, the report stated.