The tussle between Narendra Modi and Nitish Kumar has created ripples in the electricity sector as Power Minister Jyotiraditya Scinida is scheduled to preside over a function that will contrast exemplary performance and credit-worthiness of Gujarat utilities with the mess in Bihar and Uttar Pradesh.
According to sources in the power sector, in the first-ever exercise to grade all state utilities for their credit-worthiness, all four electricity distribution entities from Gujarat have been rated ‘A+’ with Dakshin Gujarat Vij Company Limited(DGVCL) receiving the highest 89%.
West Bengal State Electricity Distribution Company and Maharashtra State Electricity Distribution Company received ‘A’ grade while 11 discoms from various states were assigned ‘B+’. Ten entities with relatively poor performance and weaker financial health including one from Tamil Nadu were assigned “B”, while eight utilities received C+ grade.
Gujarat Economic Advancement 