Discoms Inflated Dues By Rs. 8000 Crores By Manipulating Data To Benefit Themselves : CAG Report

The Logical Indian

August 18th, 2015 / 9:22 PM

The Comptroller Auditor General of India (CAG) in its 212-page confidential report has indicted three private power distribution companies (discoms) of inflating the tariff rates.

The report says that the three companies in Delhi are under the scanner for inflating dues to be recovered from the consumer by almost 8,000 crores.

BSES_WebImage: indianexpress

The confidential report accessed by Times Of India nails three power distribution companies – BSES Yamuna Power Ltd (BYPL) and BSES Rajdhani Power Ltd (BRPL) controlled by Anil Ambani’s Reliance group, and Tata Power Delhi Distribution Ltd (TPDDL) — on several counts.

The firms manipulated the consumer figures and scrap sale details, and took action detrimental to consumer interests, says the report.

The firms bought costly power, inflated costs, suppressed revenue and dealt with other private companies without tenders. They also gave undue favors to group firms. CAG has questioned the conduct of the Electricity Regulator Delhi Electricity Regulatory Commission (DERC)

CAG_Meet_WebArvind Kejriwal had visited the CAG office within days of becoming chief minister in 2014 || Image: dailymail

The CAG audit ordered by 49 days AAP government in January 2014, endorses its claims that high power tariff was unjustified. Reducing power tariffs was among AAP’s important election promises in the 2013 and the 2015 Delhi elections. Arvind Kejriwal had visited the CAG office within days of becoming chief minister for the first time in 2014, to start the process for an audit. The discoms tried to stall the audit by claiming CAG had no jurisdiction over them and even moved Delhi high court against it. The court, while declining to stay the audit, said its report should not be published without its consent.

Besides vindicating its stand, the audit has given the AAP government another reason to smile: if the power regulator DERC is able to incorporate CAG’s findings in next month’s tariff announcement and lower rates, the government will be able to silence those who have criticized it for slashing tariffs with subsidies.


Contributors

Edited by :

Share your thoughts..

Related Stories

Goa Government Exam

Goa: 8000 Appeared And All 8000 Fail In Govt Recruitment Exam

Data Protection Bill

TLI Explains: Know About India’s Draft Data Privacy Bill Which Seeks To Prevent Misuse Of Personal Data

5.6 Lakh Indian Users Affected By Data Breach; Facebook Introduces Tools For Users To Secure Data

Nissan

Japanese Automaker Nissan Sues India Over Outstanding Dues; Demands Dues Of $770 Million

Mass Marriage

8000 Villagers Organise Mass Marriage Of 10 Couples From Hindu And Muslim Community

Mumbai: Private Hospitals Found Overcharging and Manipulating Prices Of Medical Products

Latest on The Logical Indian

News

The New Academic Session Will Have 10% Quota In All Higher Education Institutions: Govt

News

Two Women Who Entered Sabarimala Temple Move To SC To Seek Protection; Court To Hear Plea Tomorrow

News

Meghalaya Illegal Mining: After 35 Days, 1 Of The 15 Trapped Miners Found Dead

News

#Strike4Hike: Police Detains Around 700 Protesting Research Scholars Demanding Pay Hike

My Social Responsibility

Compassion At Work: This Kolkata Team Is Independently Working To Give Stray Dogs A Healthy Life

Environment

Cities Lying In Coastal Areas Under Threat As Antarctica Melts Six Times Faster Than ’80s Says Report

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.