Adani Electricity cuts AT&C losses to 4.46% with 36,720 raids in FY26
Synopsis
Key Takeaways
Adani Electricity has driven its Aggregate Technical and Commercial (AT&C) losses down to 4.46% in FY 2025-26, from 4.7% the previous year — a reduction of 0.24 percentage points — placing the Mumbai-based distribution company among the best-performing power discoms in the country, according to a company statement issued on Tuesday, 14 July 2025. The improvement is attributed to an intensified anti-theft campaign that included tens of thousands of raids across the utility's network.
Scale of the Anti-Theft Drive
During FY 2025-26, Adani Electricity conducted 36,720 mass raids and registered 486 First Information Reports (FIRs) against those accused of power theft. The company also reported a 40% increase in raids carried out at unconventional hours — including early mornings, late evenings, and public holidays — as part of a strategy to catch offenders off-guard.
In total, 5,897 power theft cases were booked during the year. Raids resulted in the seizure of 79.25 tonnes of unauthorised wiring and equipment. The assessed value of electricity stolen stood at 19.82 million units, amounting to a financial loss of ₹43.39 crore.
High-Value Cases Detected
Among the notable detections, the company's vigilance team uncovered a theft case worth ₹1.63 crore on 7 November 2025 at Swastik Compound, Chincholi Bandar Road, Malad (West), involving direct power supply for moulding activity. A second high-value case of ₹80 lakh was booked on 4 July 2025 at Motilal Nagar, Goregaon (West), also linked to moulding operations. A third case — valued at ₹48.73 lakh — was registered in June 2025 at Malad (East) under similar circumstances.
Legal Framework and Police Coordination
Power theft in India is a non-bailable offence under Section 135 of the Electricity Act, 2003, which prescribes a fine, imprisonment of up to three years, or both, upon conviction. Adani Electricity has been conducting joint operations with police authorities to apprehend offenders and confiscate equipment used for illegal connections.
The company noted that power theft is particularly acute in high-density areas and slum clusters, where space constraints limit network expansion. Unauthorised tapping in such zones overloads existing infrastructure, leading to more frequent cable and transformer failures and elevated maintenance costs — expenses that are ultimately borne by law-abiding consumers.
What the Company Said
An Adani Electricity spokesperson stated: 'Power theft unfairly burdens honest, paying consumers. Adani Electricity is committed to eliminating the menace of power theft. By combating such unlawful activities, we safeguard the interests of our customers. We will intensify our efforts in specific areas to further reduce AT&C losses this year.'
The spokesperson added: 'The significant reduction in AT&C losses this year is a direct result of our intensified efforts against power theft. This not only safeguards our infrastructure but also alleviates the financial burden on our honest, paying consumers by enabling us to maintain competitive tariffs.'
With AT&C losses already among the lowest for any Indian discom, Adani Electricity has signalled it will push further in the year ahead, targeting specific high-risk zones for concentrated enforcement activity.