Big Relief for Delhi Discoms: Supreme Court Stays CAG Audit, Freezes Action on Rs.38,552 Crore Regulatory Assets

The Supreme Court stayed the CAG-led audit of Delhi’s three private power discoms and ordered status quo, holding that the legality of DERC’s decision to appoint the constitutional auditor raises an arguable issue requiring judicial review.

BREAKING | “Get Ready to Pay More Electricity Bill!”: Supreme Court Approves Hike, Rates May Rise Nationwide Including Delhi

Today, On 6th August, The Supreme Court has directed all states and Union Territories to clear long-pending dues to power distribution companies within four years, warning that a “disproportionate increase in regulatory assets burdens consumers” and may lead to higher electricity bills.