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Supreme Court stays CAG audit of Delhi discoms over regulatory assets dispute

The Supreme Court has stayed a CAG audit of three private Delhi discoms ordered over regulatory assets worth Rs 38,500 crore

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Representation pic/iStock

Representation pic/iStock

The Supreme Court on Friday halted a CAG audit ordered by the Delhi government of three private discoms against the backdrop of a staggering Rs 38,500 crore accumulated over the years as Regulatory Assets (RA) to be recovered from consumers.

“Till further orders, there shall be a stay of the Appellate Tribunal for Electricity direction for audit,” the bench said.

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