Wednesday, October 16, 2013

TN’S Power utility rated worst among four Southern States

The Times News network on Saturday, March 15 reports that Tamil Nadu has the worst performing power utility among the four southern states. The Tamil Nadu generation and distribution company (Tangedo) has been rated below average in both operations and financial performance among various power utilities in the country as per a credit rating exercise carried out on behalf of the union power ministry. While other three southern states have been graded B+, Tamil Nadu is a notch below at grade B. TANGEDCO has been rated below average in operations and financial performance. Look at the table below: State Grade Gujarat A + Maharashtra A West Bengal A Karnataka B+ Andhra Pradesh B + Kerala B+ Tamil Nadu B It is indeed a bad show. Tamil Nadu which boasts of good performance in several other fields its work in this sector is pathetic and both DMK and AIADMK have to share the blame for this. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

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