DERC to recover pending dues of discoms in 3 weeks
Indian Express·2h ago·Neutral
What Happened
APTEL directed Delhi's electricity regulator to recover Rs 38,500 crore pending dues from power distribution companies within three weeks using independent chartered accountants. The tribunal rejected deferment requests, warning delays would burden consumers. These regulatory assets accumulated as tariffs remained unchanged despite rising fuel costs and maintenance expenses, typically recovered through electricity bill surcharges.
Key Entities
APTEL (Appellate Tribunal for Electricity)DERC (Delhi Electricity Regulatory Commission)DelhiRs 38,500 crorePower distribution companiesAshish Sood