Delhi's private power distribution companies — BSES Yamuna Power
Ltd., BSES Rajdhani Power Ltd, controlled by billionaire Anil Ambani,
and Tata Power Delhi Distribution Ltd. — had inflated the amount that
consumers owe them, by as much as Rs 8,000 crore, said a report by the
comptroller and auditor general.
The CAG said in the 212-page report that there is ample scope to reduce tariffs in Delhi, according to a report in the Times of India. Chief minister Arvind Kejriwal has also said the same before, and the CAG review was ordered by his administration in January 2014.
Activists and the ruling Aam Aadmi Party have said that such high tariffs are unjustified. Soon after coming to power, Kejriwal slashed tariffs by half for those consuming upto 400 units.
The companies manipulated consumer figures and sale details, and their actions — buying expensive power, inflating costs, undue favours to group companies and suppressing revenue — were at odds with consumer interests. The companies also paid significant fixed charges to power generating stations but hardly bought any power from them, the report says. It also questions the conduct of the Delhi Electricity Regulatory Commission, which is the regulatory authority for power companies in the capital.
“If whatever has come out is true, then it will be a very big thing. The scam of Rs 8,000 crore has surfaced. Delhiites will be benefited as tariff will have to be brought down. We have received a draft report and we are studying it. Let the final report come,” Kejriwal said.
The companies have denied CAG's assertions, the report said. If the Kejriwal government accepts the final version of the report, it would drastically reduce the financial liabilities claimed by the power distribution companies and might also lead to a reduction of tariff
-Huffington post
The CAG said in the 212-page report that there is ample scope to reduce tariffs in Delhi, according to a report in the Times of India. Chief minister Arvind Kejriwal has also said the same before, and the CAG review was ordered by his administration in January 2014.
Activists and the ruling Aam Aadmi Party have said that such high tariffs are unjustified. Soon after coming to power, Kejriwal slashed tariffs by half for those consuming upto 400 units.
The companies manipulated consumer figures and sale details, and their actions — buying expensive power, inflating costs, undue favours to group companies and suppressing revenue — were at odds with consumer interests. The companies also paid significant fixed charges to power generating stations but hardly bought any power from them, the report says. It also questions the conduct of the Delhi Electricity Regulatory Commission, which is the regulatory authority for power companies in the capital.
“If whatever has come out is true, then it will be a very big thing. The scam of Rs 8,000 crore has surfaced. Delhiites will be benefited as tariff will have to be brought down. We have received a draft report and we are studying it. Let the final report come,” Kejriwal said.
The companies have denied CAG's assertions, the report said. If the Kejriwal government accepts the final version of the report, it would drastically reduce the financial liabilities claimed by the power distribution companies and might also lead to a reduction of tariff
-Huffington post
NEW
DELHI: The three private power distribution companies (discoms) in the
capital inflated their dues to be recovered from consumers by almost Rs
8,000 crore, the comptroller and auditor general has said in its report
on the discoms and claimed that there is scope for reducing tariffs in
the city.
The 212-page confidential report, accessed by TOI, has indicted the three power distribution companies — BSES Yamuna Power Ltd (BYPL) and BSES Rajdhani Power Ltd (BRPL) controlled by Anil Amb ..
The 212-page confidential report, accessed by TOI, has indicted the three power distribution companies — BSES Yamuna Power Ltd (BYPL) and BSES Rajdhani Power Ltd (BRPL) controlled by Anil Amb ..
Power distribution companies inflated dues by Rs 8,000 crore: CAG
Power distribution companies inflated dues by Rs 8,000 crore: CAG
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