8th Annual Report 2019-20 of DNH Power Distribution Corporation Ltd.
Dear all,
Your association SIMA is forwarding herewith 8th Annual Report 2019-20 of DNH Power Distribution Corporation Ltd, Dadra & Nagar Haveli, Silvassa. The Board of Directors has presented the 8th Annual Report of DNHPDCL and the Audited Financial Statements for the year ended 31st March 2020.
The key highlights Financial performance of DNHPDCL for the year 2019-20 are:
1. Increase in revenue from operations by 11.93% to Rs. 3,388.89 crore
2. Increase in total income by 11.50% to Rs. 3,431.54 crore.
3. Increase in Profit before tax to Rs. 18.50 crore against the previous year's Profit before tax of Rs. 16.21 crore
The key highlights Operational performance of DNHPDCL for the year 2019-20 are:
1. T&D Losses reduced to 3.47% in FY 2019-20 against 3.93% in FY 2018-19.
2. The total AT&C losses stands at 3.43% for FY 2019-20 as against 5.41% of the previous FY, this depicts the better realization and lower T&D Losses.
3. Collection Efficiency improved to 100.04% in FY 2019-20 against 98.46% in FY 2018-19 this demonstrates the realization of Trade Receivables in a more efficient way and thereby reduction in average collection period from 34 days in FY 2018-19 to 31 days in FY 2019-20.
4. Billing Efficiency improved to 96.53% in FY 2019-20 against 96.07% in FY 2018-19.
5. Total generation capacity of Solar Generation stands at 4.95 MW as on 31.03.2020.
6. The Corporation started facilities for making online applications for release of power, change of name, reduction of load etc. to Industrial consumers.
7. Total peak power demand reached to 827 MW in July 2019 during FY 2019-20, and remains stable for the other months of FY 2019-20
For more details, please go through the attached Annual Report.
