Delhi orders CAG audit of discoms over RAs
India, July 3 -- The Delhi Government has ordered an audit by the Comptroller and Auditor General (CAG) into the circumstances under which the power distribution companies (discoms) in the Capital accumulated Rs 38,500 crore as Regulatory Assets (RA), which are to be recovered from consumers.
The order, issued by the Delhi Government's Department of Power, authorises the CAG to conduct the audit of BSES Rajdhani Power Ltd (BRPL), BSES Yamuna Power Ltd (BYPL) and Tata Power Delhi Distribution Ltd (TPDDL). The order has been approved by Lt Governor of Delhi and follows directions of the Supreme Court
Unless the discoms seek legal remedy, this will be the first time that they will face a CAG audit since the privatisation of electricity dis...
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