Tata Power led Odisha Discoms Ranked among India’s Best; Secure A+ Ratings among Indian Power Utilities for FY24

-     Odisha PPP Model alongwith Government of Odisha is a Blueprint for other State Discoms

 

-     TPCODL, TPNODL and TPWODL topped the national rankings with A+ ratings among the 63 Discoms in the country

 

-     Performed best amongst peers on Financial Sustainability, Performance Excellence and External Environment parameters

 

-          In a short span of 4 years, Odisha Discoms made significant improvements in operational, customer and financial performance

    

National, 21 February 2025: Tata Power-led Odisha distribution companies (Discoms) have secured top national rankings among 63 power utilities in India, reaffirming their leadership in the sector. The ratings, released by the Ministry of Power, assess utilities based on Financial Sustainability, Performance Excellence, and External Environment.

 

The rankings were announced during a Regional Review Meeting of the Power Sector in New Delhi, where the Hon'ble Union Minister of Power and Housing & Urban Affairs, Shri Manohar Lal, launched three key reports- 13th Integrated Ratings of 63 Distribution Utilities (FY 2023-24), 4th Edition of the Consumer Services Rating of DISCOMs (CSRD) Report and 1st Edition of the Distribution Utilities Ranking (DUR) Report.

 

Among the top-performing utilities, TPCODL, TPNODL, and TPWODL have each maintained their A+ rating in the 13th Integrated Ratings of 63 Distribution Utilities for FY 2023-24. Operating as joint ventures with the Government of Odisha, these Discoms exemplify the success of collaborative governance in power distribution, with significant improvements in operational efficiency and financial performance.

 

Additionally, in the 4th edition of the Consumer Services Rating of DISCOMs (CSRD) report, Tata Power Delhi Distribution Limited (TPDDL) and Tata Power Company Limited (TPCL) Mumbai secured the highest A+ grade, further cementing its reputation for consumer service excellence. The first edition of the Distribution Utilities Ranking (DUR) Report also placed TPWODL at the top in the Distribution Utilities category, while TPDDL ranked among the best performers in the Urban Discoms category; reflecting Tata Power's prowess in managing diverse distribution networks efficiently.

 

 

 

Speaking on the achievement, Dr. Praveer Sinha, CEO & MD, Tata Power, said: "This national recognition reaffirms Odisha Discoms' position as the leading public-private power distribution company in the country. Our success is driven by the support of the Government of Odisha and our dedicated employees, who have implemented cutting-edge technology, enhanced operational excellence, and demonstrated a deep commitment to customer satisfaction. Our Odisha Model has emerged as a benchmark for power distribution reforms in India, showcasing how Discoms can achieve efficiency and customer-centricity under a public-private partnership framework. We remain committed to driving innovation and setting new benchmarks in the power distribution sector in the country."

 

Tata Power's distribution business serves approx. 13 million customers across New Delhi, Odisha (Western, Southern, Central, and Northern regions), Mumbai, and Ajmer, playing a pivotal role in India's transition to a low-carbon, energy-secure future.