Lok Sabha Question No. 4756 (UNSTARRED), answered on 2022-03-31
Subject: Financial Problems faced by DISCOMs
Ministry: POWER
Asked by: Ritesh Pandey

## GOVERNMENT OF INDIA MINISTRY OF POWER LOK SABHA UNSTARRED QUESTION NO.4756

## ANSWERED ON 31.03.2022

## FINANCIAL PROBLEMS FACED BY DISCOMS

4756.  SHRI RITESH PANDEY:

Will the Minister of POWER be pleased to state:

- (a) whether the Government is aware of the current long running financial problems faced by DISCOMs and if so, the details thereof;
- (b) whether  the  Government  has  been  able  to  identify  the  reasons  that  lead  to problems ranging from revenue losses to others, if so, the details thereof and if not, the reasons therefor, company-wise;
- (c) whether the Government's programme of Ujwal DISCOM Assurance Yojana (UDAY) to address financial stress of DISCOMs has helped them to come out of it;
- (d) if so, the details thereof; and
- (e) the details of the companies which have saved themselves from such conditions, State-wise?

## A N S W E R

THE MINISTER OF POWER AND NEW & RENEWABLE ENERGY

(SHRI R.K. SINGH)

- (a) & (b) : The  Annual losses of all DISCOMs (State-wise) in the country are given at Annexure-I.

The main reasons for the long running financial problem faced by DISCOMs include high AT&C loss; tariffs not reflective of costs; delayed and inadequate payment of outstanding subsidies as well as Government Departmental dues by the State Government and, inadequate Corporate Governance practices.

- (c) to (e) : Government of India had launched Ujwal Discom Assurance Yojana (UDAY) on 20-11-2015 to improve the financial and operational turnaround of State-owned Power Distribution  Companies  (DISCOMs).  UDAY  aimed  to  reduce  the  interest  burden,  cost  of power,  improvement  in  AT&C  losses  and  ACS-ARR  gap  by  improving  operational  and financial efficiency of DISCOMs.  As a result of participation of DISCOMs under UDAY and other efficiency measures, State Power Distribution Utilities have reported improvements which  include  (i)  Reduction  in  Aggregate  Technical  &  Commercial  (AT&C)  losses  from 23.70% in FY 16 to 20.93% in FY 20 and (ii) Reduction of Average Cost of Supply (ACS) Average Revenue Realised (ARR) gap from Re.0.48 per kWh in FY 16 to Re.0.30 per kWh in FY 20.  State-wise and Year-wise details of AT&C losses and ACS-ARR gaps are given at Annexure-II and Annexure-III respectively. 26 DISCOMs out of 66 have negative ACS-ARR gaps in 2019-20, which indicate relatively better financial performance.

*********

## ANNEXURE REFERRED TO IN REPLY TO PARTS (a) & (b) OF UNSTARRED QUESTION    NO. 4756 ANSWERED IN THE LOK SABHA ON 31.03.2022

**************

## Financial Losses Year-wise [Profit/ (Loss)] - Subsidy Received Basis

| States /Discoms            | (2017-18)   | (2018-19)   | (2019-20)   |
|----------------------------|-------------|-------------|-------------|
| State Sector               | (34,387)    | (63,329)    | (40,715)    |
| Andaman & Nicobar Islands  | (605)       | (645)       | (678)       |
| Andaman & Nicobar PD       | (605)       | (645)       | (678)       |
| Andhra Pradesh             | (546)       | (16,736)    | 1,262       |
| APEPDCL                    | (258)       | (5,142)     | 266         |
| APSPDCL                    | (287)       | (11,594)    | 996         |
| Arunachal Pradesh          | (429)       | (428)       | (413)       |
| Arunachal PD               | (429)       | (428)       | (413)       |
| Assam                      | 302         | 311         | 390         |
| APDCL                      | 302         | 311         | 390         |
| Bihar                      | (1,872)     | (1,845)     | (2,944)     |
| NBPDCL                     | (362)       | (631)       | (804)       |
| SBPDCL                     | (1,510)     | (1,213)     | (2,139)     |
| Chandigarh                 | 321         | 54          | 179         |
| Chandigarh PD              | 321         | 54          | 179         |
| Chhattisgarh               | (726)       | (1,528)     | (571)       |
| CSPDCL                     | (726)       | (1,528)     | (571)       |
| Dadra & Nagar Haveli       | (12)        | 14          | 11          |
| DNHPDCL                    | (12)        | 14          | 11          |
| Daman & Diu                | 324         | 164         | 79          |
| Daman & Diu PD             | 324         | 164         | 79          |
| Goa                        | 26          | (172)       | (271)       |
| Goa PD                     | 26          | (172)       | (271)       |
| Gujarat                    | 426         | 184         | 538         |
| DGVCL                      | 94          | 39          | 130         |
| MGVCL                      | 93          | 33          | 65          |
| PGVCL                      | 137         | 75          | 227         |
| UGVCL                      | 101         | 37          | 117         |
| Haryana                    | 412         | 281         | 331         |
| DHBVNL                     | 134         | 95          | 114         |
| UHBVNL                     | 278         | 186         | 218         |
| Himachal Pradesh           | (44)        | 132         | 28          |
| HPSEBL                     | (44)        | 132         | 28          |
| Jammu & Kashmir            | (2,999)     | (2,902)     | (3,460)     |
| JKPDD                      | (2,999)     | (2,902)     | (3,460)     |
| Jharkhand                  | (212)       | (751)       | (1,111)     |
| JBVNL                      | (212)       | (751)       | (1,111)     |
| Karnataka                  | (2,003)     | (1,825)     | (2,594)     |
| BESCOM                     | (313)       | (453)       | (267)       |
| CHESCOM                    | (247)       | (447)       | (708)       |
| GESCOM                     | (532)       | (113)       | (957)       |
| HESCOM                     | (689)       | (603)       | (610)       |
| MESCOM                     | (222)       | (209)       | (52)        |
| Kerala                     | (784)       | (135)       | (270)       |
| KSEBL                      | (784)       | (135)       | (270)       |
| Lakshadweep Lakshadweep ED | (98) (98)   | (109) (109) | (103) (103) |
| Madhya Pradesh             | (5,191)     | (9,390)     | (5,028)     |
| MPMaKVVCL                  | (2,703)     | (4,503)     | (2,048)     |

| MPPaKVVCL               | (300)         | (1,346)       | (227)           |
|-------------------------|---------------|---------------|-----------------|
| MPPoKVVCL               | (2,189)       | (3,541)       | (2,753)         |
| Maharashtra             | 1,620         | 2,413         | 2,321           |
| MSEDCL                  | 1,620         | 2,413         | 2,321           |
| Manipur                 | (8)           | (44)          | (9)             |
| MSPDCL                  | (8)           | (44)          | (9)             |
| Meghalaya               | (287)         | (203)         | (428)           |
| MePDCL                  | (287)         | (203)         | (428)           |
| Mizoram                 | 87            | (83)          | 175             |
| Mizoram PD              | 87            | (83)          | 175             |
| Nagaland                | (62)          | (325)         | (488)           |
| Nagaland PD             | (62)          | (325)         | (488)           |
| Odisha                  | (792)         | (1,539)       | (842)           |
| CESU                    | (503)         | (429)         | (336)           |
| NESCO Utility           | (81)          | (2)           | (141)           |
| SOUTHCO Utility         | (187)         | (211)         | (336)           |
| WESCO Utility           | (22)          | (897)         | (29)            |
| Puducherry              | 5             | (39)          | (306)           |
| Puducherry PD           | 5             | (39)          | (306)           |
| Punjab                  | (2,618)       | 363           | (975)           |
| PSPCL                   | (2,618)       | 363           | (975)           |
| Rajasthan               | 686           | (524)         | (2,551)         |
| AVVNL                   | 866           | (187)         | (392)           |
| JVVNL                   | 361           | 37            | 613             |
| Sikkim                  | (29)          | (3)           | (62)            |
| Sikkim PD               | (29)          | (3)           | (62)            |
| Tamil Nadu              | (7,761)       | (12,623)      | (11,965)        |
| TANGEDCO                | (7,761)       | (12,623)      | (11,965)        |
| Telangana               | (6,387)       | (9,020)       | (6,966)         |
| TSNPDCL                 | (2,333)       | (3,805)       | (1,801)         |
| TSSPDCL                 | (4,054)       | (5,215)       | (5,165)         |
| Tripura                 | 28            | 19            | (137)           |
| TSECL                   | 28            | 19            | (137)           |
| Uttar Pradesh           | (5,002)       | (5,902)       | (3,792)         |
| DVVNL                   | (2,258)       | (2,378)       | (629)           |
| KESCO                   | 64            | (448)         | (231)           |
| MVVNL                   | (458)         | (806)         | (660)           |
| PaVVNL PuVVNL           | (1,517) (833) | (1,290) (979) | (1,068) (1,204) |
| Uttarakhand             | (229)         | (553)         |                 |
|                         | (229)         | (553)         | (577) (577)     |
| UPCL                    | 72            | 60            | 511             |
| West Bengal             | 72            |               | 511             |
| WBSEDCL Private Sector  | 2,064         | 60 2,250      | 2,622           |
| Delhi                   | 507           | 786           | 885             |
| BRPL                    | 142           | 316           | 269             |
| BYPL                    | 59            | 135           | 202             |
| TPDDL                   | 306           | 336           | 414             |
| Gujarat                 | 574           | 307           | 612             |
| Torrent Power Ahmedabad |               |               | 482             |
|                         | 388           | 233           |                 |
| Torrent Power Surat     |               |               | 130             |
| Maharashtra             | 185           | 74            |                 |
|                         |               | 61 61         | 50 50           |
| AEML Uttar Pradesh NPCL | 100 100       | 140 140       | 140 140 934     |
| West Bengal CESC        | 883 862       | 956 937       | 918             |
| IPCL                    | 21            | 19            | 17              |
| Grand Total             | (32,324)      | (61,079)      | (38,093)        |

**************

## ANNEXURE-II

## ANNEXURE REFERRED TO IN REPLY TO PARTS (c)  TO  (e)  OF  UNSTARRED  QUESTION NO. 4756 ANSWERED IN THE LOK SABHA ON 31.03.2022

**************

## State-wise and Year-wise details of AT&C Losses

|                           | 2015-16   | 2016-17   |   2017-18 |   2018-19 |   2019-20 |
|---------------------------|-----------|-----------|-----------|-----------|-----------|
| State Sector              | 24.04     | 24.05     |     22.15 |     22.57 |     21.73 |
| Andaman & Nicobar Islands |           |           |     19.34 |     23.39 |     22.71 |
| Andaman & Nicobar PD      |           |           |     19.34 |     23.39 |     22.71 |
| Andhra Pradesh            | 10.36     | 13.77     |     14.26 |     25.67 |     10.77 |
| APEPDCL                   | 7.10      | 7.48      |     11.18 |     18.47 |      6.64 |
| APSPDCL                   | 12.03     | 17.02     |     16.04 |     29.66 |     13.17 |
| Arunachal Pradesh         | 54.58     | 53.64     |     58.36 |     55.5  |     45.71 |
| Arunachal PD              | 54.58     | 53.64     |     58.36 |     55.5  |     45.71 |
| Assam                     | 26.02     | 20.11     |     17.64 |     20.14 |     23.37 |
| APDCL                     | 26.02     | 20.11     |     17.64 |     20.14 |     23.37 |
| Bihar                     | 43.30     | 43.34     |     33.51 |     33.3  |     40.38 |
| NBPDCL                    | 35.73     | 37.85     |     30.46 |     26.97 |     29.5  |
| SBPDCL                    | 47.87     | 46.81     |     35.53 |     37.81 |     48.64 |
| Chandigarh (Non-Uday UT)  |           |           |      4    |      4.21 |      4.6  |
| Chandigarh PD             |           |           |      4    |      4.21 |      4.6  |
| Chhattisgarh              | 22.10     | 23.87     |     22.5  |     29.81 |     23.68 |
| CSPDCL                    | 22.10     | 23.87     |     22.5  |     29.81 |     23.68 |
| Dadra & Nagar Haveli      |           |           |      6.55 |      5.45 |      3.56 |
| DNHPDCL                   |           |           |      6.55 |      5.45 |      3.56 |
| Daman & Diu               |           |           |     17.01 |      6.19 |      4.07 |
| Daman & Diu PD            |           |           |     17.01 |      6.19 |      4.07 |
| Goa                       | 19.77     | 24.33     |     13.52 |     15.69 |     13.99 |
| Goa PD                    | 19.77     | 24.33     |     13.52 |     15.69 |     13.99 |
| Gujarat                   | 16.23     | 14.42     |     12.96 |     13.99 |     11.95 |
| DGVCL                     | 10.48     | 10.20     |      6.6  |      5.9  |      6.22 |
| MGVCL                     | 11.81     | 11.24     |     11.73 |      9.81 |     11.31 |
| PGVCL                     | 24.71     | 21.71     |     19.64 |     21.21 |     19.22 |
| UGVCL                     | 11.53     | 9.17      |      9.32 |     12.01 |      6.88 |
| Haryana                   | 29.27     | 26.42     |     21.78 |     18.08 |     18.19 |
| DHBVNL                    | 26.44     | 23.10     |     19.16 |     15.34 |     16.37 |
| UHBVNL                    | 32.84     | 30.68     |     25.38 |     22.04 |     20.68 |
| Himachal Pradesh          | 9.68      | 11.48     |     11.08 |     12.46 |     11.68 |
| HPSEBL                    | 9.68      | 11.48     |     11.08 |     12.46 |     11.68 |
| Jammu & Kashmir           | 58.75     | 59.96     |     53.67 |     49.94 |     60.46 |
| JKPDD                     | 58.75     | 59.96     |     53.67 |     49.94 |     60.46 |
| Jharkhand                 | 33.34     | 35.95     |     32.48 |     28.6  |     36.96 |
| JBVNL                     | 33.34     | 35.95     |     32.48 |     28.6  |     36.96 |
| Karnataka                 | 17.13     | 16.84     |     15.61 |     19.83 |     17.59 |
| BESCOM                    | 13.88     | 14.91     |     13.17 |     15.79 |     17.91 |
| CHESCOM                   | 13.60     | 19.31     |     13.2  |     20.03 |     21.72 |
| GESCOM                    | 18.00     | 17.86     |     16.39 |     27.38 |     17.87 |
| HESCOM                    | 27.63     | 18.35     |     22.84 |     24.88 |     15.31 |
| MESCOM                    | 12.71     | 19.47     |     14.23 |     18.12 |     15.33 |
| Kerala                    | 12.40     | 13.42     |     12.81 |      9.1  |     14.47 |
| KSEBL                     | 12.40     | 13.42     |     12.81 |      9.1  |     14.47 |
| Lakshadweep               |           |           |     19.15 |     23.33 |     14.28 |
| Lakshadweep ED            |           |           |     19.15 |     23.33 |     14.28 |
| Madhya Pradesh            | 27.37     | 26.80     |     30.51 |     36.64 |     30.38 |
| MPMaKVVCL                 | 31.09     | 34.29     |     39    |     45.05 |     37.17 |
| MPPaKVVCL                 | 25.06     | 19.08     |     18.69 |     25.28 |     20.93 |
| MPPoKVVCL                 | 26.10     | 28.00     |     34.84 |     40.38 |     33.89 |
| Maharashtra               | 21.74     | 22.84     |     14.38 |     16.23 |     19.92 |
| MSEDCL                    | 21.74     | 22.84     |     14.38 |     16.23 |     19.92 |

| Manipur                         | 31.72       | 33.01       | 27.50       | 38.17      | 20.27       |
|---------------------------------|-------------|-------------|-------------|------------|-------------|
| MSPDCL                          | 31.72       | 33.01       | 27.50       | 38.17      | 20.27       |
| Meghalaya                       | 45.98       | 38.81       | 41.19       | 35.22      | 34.32       |
| MePDCL                          | 45.98       | 38.81       | 41.19       | 35.22      | 34.32       |
| Mizoram                         | 35.18       | 24.98       | 22.44       | 16.20      | 20.66       |
| Mizoram PD                      | 35.18       | 24.98       | 22.44       | 16.20      | 20.66       |
| Nagaland                        | 33.44       | 38.50       | 41.36       | 40.06      | 52.93       |
| Nagaland PD                     | 33.44       | 38.50       | 41.36       | 40.06      | 52.93       |
| Odisha (Non-Uday State)         | 38.60       | 37.19       | 33.59       | 31.55      | 28.94       |
| CESU                            | 36.51       | 36.73       | 35.49       | 32.49      | 29.03       |
| NESCO Utility                   | 36.32       | 28.13       | 24.41       | 24.61      | 24.45       |
| SOUTHCO Utility                 | 44.57       | 43.49       | 40.66       | 41.33      | 36.05       |
| WESCO Utility                   | 40.07       | 41.70       | 34.90       | 30.88      | 28.81       |
| Puducherry                      | 22.43       | 21.34       | 19.19       | 19.77      | 18.45       |
| Puducherry PD                   | 22.43       | 21.34       | 19.19       | 19.77      | 18.45       |
| Punjab                          | 15.88       | 14.46       | 17.31       | 11.28      | 14.35       |
| PSPCL                           | 15.88       | 14.46       | 17.31       | 11.28      | 14.35       |
| Rajasthan                       | 31.59       | 27.33       | 24.07       | 28.25      | 29.85       |
| AVVNL                           | 27.66       | 25.19       | 23.14       | 23.37      | 22.08       |
| JdVVNL                          | 29.67       | 26.17       | 23.49       | 35.20      | 38.26       |
| JVVNL                           | 35.87       | 29.79       | 25.19       | 25.73      | 27.83       |
| Sikkim                          | 43.89       | 35.62       | 32.48       | 41.83      | 28.88       |
| Sikkim PD                       | 43.89       | 35.62       | 32.48       | 41.83      | 28.88       |
| Tamil Nadu                      | 16.83       | 18.23       | 19.47       | 17.86      | 15.00       |
| TANGEDCO                        | 16.83       | 18.23       | 19.47       | 17.86      | 15.00       |
| Telangana                       | 14.01       | 15.19       | 19.08       | 17.80      | 21.54       |
| TSNPDCL                         | 17.41       | 16.19       | 23.67       | 26.66      | 34.08       |
| TSSPDCL                         | 12.64       | 14.77       | 17.16       | 13.79      | 15.57       |
| Tripura                         | 32.68       | 31.79       | 30.31       | 35.49      | 37.85       |
| TSECL                           | 32.68       | 31.79       | 30.31       | 35.49      | 37.85       |
| Uttar Pradesh                   | 39.76       | 40.91       | 37.80       | 33.19      | 30.05       |
| DVVNL                           | 43.13       | 40.62       | 38.89       | 37.12      | 39.74 15.49 |
| KESCO                           | 28.16       | 25.10       | 22.52       | 16.49      |             |
| MVVNL                           | 44.58       | 47.27       | 45.29       | 40.62      | 34.14       |
| PaVVNL                          | 27.12       | 29.73       | 25.97       | 22.27      | 18.64       |
| PuVVNL                          | 51.14       | 53.19       | 47.89       | 39.64      | 34.24       |
| Uttarakhand                     | 18.01       | 16.68       | 16.34       | 16.96      | 20.35       |
| UPCL                            | 18.01       | 16.68       | 16.34       | 16.96      | 20.35       |
| West Bengal (Non-Uday State)    | 28.08       | 27.83       | 26.69       | 23.00      | 20.40       |
| WBSEDCL Private Sector          | 28.08 12.44 | 27.83 10.80 | 26.69 9.36  | 23.00 8.28 | 20.40 8.00  |
| Delhi                           | 12.44       | 10.80       |             | 9.17       |             |
|                                 |             |             | 9.93        |            | 8.19        |
| BRPL                            | 12.60 16.76 | 11.13 12.99 | 10.53 10.83 | 9.11 10.60 | 8.15 8.57   |
| BYPL TPDDL                      | 8.83        | 8.64        | 8.39 6.53   | 8.17 5.20  | 7.98 4.59   |
| Gujarat Torrent Power Ahmedabad |             |             | 7.44        | 5.81       | 5.07        |
| Torrent Power Surat             |             |             | 4.43        | 3.71       | 3.43        |
| Maharashtra                     |             |             |             | 8.20       | 9.52        |
| AEML                            |             |             |             | 8.20       | 9.52        |
| Uttar Pradesh                   |             |             | 9.08        | 9.36       | 9.76        |
| NPCL                            |             |             | 9.08        | 9.36       | 9.76        |
| West Bengal                     |             |             | 10.74       | 8.95       | 9.06 9.30   |
| CESC IPCL                       |             |             | 11.25 3.20  | 9.42 2.68  | 6.06        |
| Grand Total                     | 23.70       | 23.66       | 21.50       | 21.74      | 20.93       |

*****************

## ANNEXURE REFERRED TO IN REPLY TO PARTS (c)  TO  (e)  OF  UNSTARRED  QUESTION NO. 4756 ANSWERED IN THE LOK SABHA ON 31.03.2022

**************

## ACS-ARR Gap on Tariff Subsidy Received Basis (Rs./kWh)

|                           | 2015-16     | 2016-17   | 2017-18   | 2018-19   | 2019-20   |
|---------------------------|-------------|-----------|-----------|-----------|-----------|
| State Sector              | 0.50        | 0.39      | 0.32      | 0.54      | 0.35      |
| Andaman & Nicobar Islands |             |           | 19.86     | 19.47     | 19.58     |
| Andaman & Nicobar PD      |             |           | 19.86     | 19.47     | 19.58     |
| Andhra Pradesh            | 0.80        | 0.52      | 0.09      | 2.67      | (0.19)    |
| APEPDCL                   | 0.32        | 0.21      | 0.13      | 2.44      | (0.12)    |
| APSPDCL                   | 1.03        | 0.67      | 0.07      | 2.79      | (0.22)    |
| Arunachal Pradesh         | 0.49        | 3.65      | 4.64      | 4.27      | 4.92      |
| Arunachal PD              | 0.49        | 3.65      | 4.64      | 4.27      | 4.92      |
| Assam                     | 0.23        | 0.06      | (0.32)    | (0.32)    | (0.36)    |
| APDCL                     | 0.23        | 0.06      | (0.32)    | (0.32)    | (0.36)    |
| Bihar                     | 0.46        | 0.51      | 0.68      | 0.61      | 0.92      |
| NBPDCL                    | 0.35        | 0.28      | 0.31      | 0.47      | 0.57      |
| SBPDCL                    | 0.54        | 0.67      | 0.97      | 0.73      | 1.21      |
| Chandigarh (Non-Uday UT)  |             |           | (1.64)    | (0.26)    | (0.82)    |
| Chandigarh PD             |             |           | (1.64)    | (0.26)    | (0.82)    |
| Chhattisgarh              | (0.01)      | 0.21      | 0.23      | 0.45      | 0.17      |
| CSPDCL                    | (0.01)      | 0.21      | 0.23      | 0.45      | 0.17      |
| Dadra & Nagar Haveli      |             |           | 0.01      | (0.02)    | (0.03)    |
| DNHPDCL                   |             |           | 0.01      | (0.02)    | (0.03)    |
| Daman & Diu               |             |           | (1.38)    | (0.61)    | (0.30)    |
| Daman & Diu PD            |             |           | (1.38)    | (0.61)    | (0.30)    |
| Goa                       | 0.71        | 0.70      | (0.06)    | 0.39      | 0.60      |
| Goa PD                    | 0.71        | 0.70      | (0.06)    | 0.39      | 0.60      |
| Gujarat                   | (0.02)      | (0.05)    | (0.06)    | (0.02)    | (0.06)    |
| DGVCL                     | (0.04)      | (0.06)    | (0.06)    | (0.02)    | (0.07)    |
| MGVCL                     | 0.01        | (0.10)    | (0.09)    | (0.05)    | (0.11)    |
| PGVCL                     | (0.01)      | (0.04)    | (0.05)    | (0.02)    | (0.05)    |
| UGVCL                     | (0.04)      | (0.04)    | (0.05)    | (0.02)    | (0.05)    |
| Haryana                   | 0.16        | 0.04      | (0.08)    | (0.05)    | (0.06)    |
| DHBVNL                    | 0.17        | (0.00)    | (0.04)    | (0.03)    | (0.04)    |
| UHBVNL                    | 0.15        | 0.09      | (0.12)    | (0.08)    | (0.09)    |
| Himachal Pradesh          | (0.31)      | 0.18      | 0.03      | (0.09)    | (0.02)    |
| HPSEBL                    | (0.31)      | 0.18      | 0.03      | (0.09)    | (0.02)    |
| Jammu & Kashmir           | 3.00        | 2.65      | 1.85      | 1.72      | 2.03      |
| JKPDD                     | 3.00        | 2.65      | 1.85      | 1.72      | 2.03      |
| Jharkhand                 | 0.93        | 1.39      | 0.16      | 0.58      | 0.87      |
| JBVNL                     | 0.93        | 1.39      | 0.16      | 0.58      | 0.87      |
| Karnataka                 | 0.01        | 0.29      | 0.30      | 0.24      | 0.39      |
| BESCOM                    | (0.01)      | 0.04      | 0.07      | 0.07      | 0.08      |
| CHESCOM                   | (0.82)      | 0.27      | 0.36      | 0.72      | 0.89      |
| GESCOM                    | (0.35)      | 0.26 0.91 | 0.66      | 0.12      | 1.18      |
| HESCOM                    | 0.88        |           | 0.54      | 0.42      | 0.46      |
| MESCOM Kerala             | (0.31) 0.30 | 0.35 0.62 | 0.39 0.32 | 0.35 0.05 | 0.09      |
| KSEBL                     | 0.30        | 0.62      | 0.32      | 0.05      | 0.10 0.10 |
| Lakshadweep               |             |           | 19.11     | 20.30     | 18.22     |
| Lakshadweep ED            |             |           | 19.11     | 20.30     | 18.22     |
| Madhya Pradesh            | 0.87        | 0.18      | 0.78      | 1.29      | 0.69      |
| MPMaKVVCL                 | 1.20        | 0.58      | 1.21      | 1.80      | 0.81      |
| MPPaKVVCL                 | 0.50        | (0.37)    | 0.13      | 0.52      | 0.09      |
| MPPoKVVCL                 | 0.95        | 0.42      | 1.08      | 1.60      | 1.27      |
| Maharashtra               | 0.21        | 0.06      | (0.13)    | (0.19)    | (0.19)    |
| MSEDCL                    | 0.21        | 0.06      | (0.13)    | (0.19)    | (0.19)    |
| Manipur                   | 0.02        | 0.06      | (0.02)    | 0.34      | 0.08      |

| MSPDCL                       | 0.02   | 0.06   | (0.02)        | 0.34          | 0.08          |
|------------------------------|--------|--------|---------------|---------------|---------------|
| Meghalaya                    | 0.82   | 1.66   | 1.16          | 0.85          | 1.80          |
| MePDCL                       | 0.82   | 1.66   | 1.16          | 0.85          | 1.80          |
| Mizoram                      | 2.06   | 2.12   | (1.30)        | 1.18          | (1.94)        |
| Mizoram PD                   | 2.06   | 2.12   | (1.30)        | 1.18          | (1.94)        |
| Nagaland                     | 0.20   | 0.81   | 0.81          | 4.09          | 5.62          |
| Nagaland PD                  | 0.20   | 0.81   | 0.81          | 4.09          | 5.62          |
| Odisha (Non-Uday State)      | 0.39   | 0.38   | 0.32          | 0.60          | 0.34          |
| CESU                         | 0.61   | 0.52   | 0.59          | 0.49          | 0.41          |
| NESCO Utility                | 0.34   | 0.09   | 0.15          | 0.00          | 0.26          |
| SOUTHCO Utility              | 0.31   | 0.70   | 0.54          | 0.58          | 0.97          |
| WESCO Utility                | 0.22   | 0.30   | 0.03          | 1.18          | 0.04          |
| Puducherry                   | (0.02) | 0.03   | (0.02)        | 0.13          | 0.97          |
| Puducherry PD                | (0.02) | 0.03   | (0.02)        | 0.13          | 0.97          |
| Punjab                       | 0.53   | 0.65   | 0.48          | (0.07)        | 0.17          |
| PSPCL                        | 0.53   | 0.65   | 0.48          | (0.07)        | 0.17          |
| Rajasthan                    | 1.83   | 0.50   | (0.09)        | 0.06          | 0.31          |
| AVVNL                        | 1.96   | 0.37   | (0.42)        | 0.08          | 0.18          |
| JdVVNL                       | 1.80   | 0.75   | 0.22          | 0.13          | 0.99          |
| JVVNL                        | 1.77   | 0.37   | (0.12)        | (0.01)        | (0.19)        |
| Sikkim                       | 2.09   | 1.20   | 0.25          | 0.02          | 0.54          |
| Sikkim PD                    | 2.09   | 1.20   | 0.25          | 0.02          | 0.54          |
| Tamil Nadu                   | 0.67   | 0.50   | 0.89          | 1.32          | 1.27          |
| TANGEDCO                     | 0.67   | 0.50   | 0.89          | 1.32          | 1.27          |
| Telangana                    | 0.74   | 1.23   | 1.12          | 1.38          | 1.09          |
| TSNPDCL                      | 0.88   | 0.95   | 1.25          | 1.80          | 0.80          |
| TSSPDCL                      | 0.68   | 1.35   | 1.06          | 1.19          | 1.22          |
| Tripura                      | 0.42   | (0.15) | (0.09)        | (0.06)        | 0.43          |
| TSECL                        | 0.42   | (0.15) | (0.09)        | (0.06)        | 0.43          |
| Uttar Pradesh                | 0.29   | 0.33   | 0.45          | 0.54          | 0.34          |
| DVVNL                        | 0.73   | 0.71   | 0.90          | 0.99          | 0.25          |
| KESCO                        | (0.07) | (0.86) | (0.17)        | 1.29          | 0.65          |
| MVVNL                        | 0.19   | 0.38   | 0.21          | 0.38          | 0.29          |
| PaVVNL                       | 0.21   | 0.15   | 0.44          | 0.39          | 0.31          |
| PuVVNL                       | 0.08   | 0.37   | 0.31          | 0.37          | 0.45          |
| Uttarakhand                  | 0.10   | 0.24   | 0.18          | 0.38          | 0.38          |
| UPCL                         | 0.10   | 0.24   | 0.18          | 0.38          | 0.38          |
| West Bengal (Non-Uday State) | (0.04) | 0.04   | (0.02)        | (0.01)        | (0.12)        |
| WBSEDCL                      | (0.04) | 0.04   | (0.02)        | (0.01)        | (0.12)        |
| Private Sector               | (0.10) | (0.16) | (0.44)        | (0.38)        | (0.48)        |
| Delhi                        | (0.10) | (0.16) | (0.19)        | (0.26)        | (0.37)        |
|                              | 0.01   | (0.11) | (0.09)        | (0.10)        |               |
| BYPL                         |        |        |               |               | (0.30)        |
| TPDDL                        | (0.23) | (0.29) | (0.35)        | (0.42)        | (0.61)        |
| Gujarat                      |        |        | (0.50)        | (0.26)        | (0.52)        |
| Torrent Power Ahmedabad      |        |        | (0.49)        | (0.28)        | (0.58)        |
| Torrent Power Surat          |        |        | (0.54)        | (0.22)        | (0.38)        |
| Maharashtra                  |        |        |               | (0.15)        | (0.22)        |
| AEML                         |        |        |               | (0.15)        | (0.22)        |
| Uttar Pradesh NPCL           |        |        | (1.34) (1.34) | (0.97) (0.97) | (0.69) (0.69) |
| West Bengal                  |        |        | (0.93)        | (0.99)        | (0.94)        |
| CESC                         |        |        | (0.96)        | (1.04)        | (0.99)        |
| IPCL                         |        |        | (0.48)        | (0.34)        | (0.32)        |
| Grand Total                  | 0.48   | 0.37   | 0.28          | 0.49          | 0.30          |

*****************