India, Sept. 23 -- New Delhi

In a measure to pre-empt sharp power tariff revision to consumers in Delhi, the Delhi Electricity Regulatory Commission (DERC) has approached the Supreme Court seeking it modify its order issued last month directing the liquidation of regulatory assets accumulated in favour of private discoms by April 2028.

Filing an application against an August 6 order, the DERC said that the regulatory assets (RA) as of March 31, 2024, in favour of the three discoms-BSES Rajdhani, BSES Yamuna and Tata Power-is to the tune of Rs.31,552 crore, and liquidating assets to this amount would result in passing the burden on to consumers.

The court had fixed a four-year period from April 1, 2024, to liquidate RA, but the DERC sai...