Delhi agrees to CAG audit of power companies
September 14th, 2011 - 1:33 am ICT by IANSNew Delhi, Sep 14 (IANS) The Delhi Government Tuesday agreed to “occasionally” let the Comptroller and Auditor General (CAG) conduct an audit of three power companies for the last few financial years, a official said.
Delhi Electricity Regulatory Commission (DERC) had advised the government to get accounts of BSES Rajdhani Power Limited (BRPL), BSES Yamuna Power Limited (BYPL) and North Delhi Power Limited (NDPL) audited by CAG for last three years, the official said.
Earlier, DERC stated that during public hearing on tariff petitions filed by the private distribution companies, many submitted that there is large number of anomalies in the accounts of three private discoms — BRPL, BYPL and NDPL.
The government stated that an audit will put an end to all suspicions in the minds of people.
Last month, the Delhi High Court asked power distributors to explain why their accounts should not be audited by the CAG while hearing a petition filed by the United RWAs Joint Action (URJA), which alleged that the state government succumbed to pressure of the discoms, which wanted a hike in power tariff by faking losses.
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Tags: anomalies, bses yamuna power limited, bypl, cag, comptroller, delhi electricity regulatory commission, delhi government, delhi high court, derc, distribution companies, electricity regulatory commission, north delhi, petitions, power distributors, power tariff, private distribution, public hearing, rwas, suspicions, urja