New Delhi, Jan 31 (PTI) Reliance Infrastructure-backed discom BYPL and BRPL have contested findings of Delhi's power regulator DERC which had detected certain "discrepancies" in their audit and observed that the financial position of the companies was not as bad as has been made out to be. In an affidavit filed before the Delhi Electricity Regulatory Commission (DERC), the discoms questioning the findings of the regulator, termed them as "baseless, frivolous and surprising", sources said. The discoms -- BSES Rajdhani Power Ltd and BSES Yamuna Power Ltd -- said they followed the methodology suggested by DERC in an order in 2003 to analyse their financial status. The discoms in the affidavit said a clarification to the January 25 order of the regulator indicating that the companies may have exaggerated their fund crisis had already been filed with the regulator. The DERC last month had asked the discoms to submit a detailed account of their monthly revenue generation and expenditure since April 2011 so as to keep a tab on their accounts. After scrutiny of the audit reports, DERC last week had found "prima-facie unexplained discrepancies" in the power purchase cost by both BSES Rajdhani Power Ltd and BSES Yamuna Power Ltd.
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