RWAs write to PM seeking CAG scrutiny of discoms' accounts

 

Over 100 Resident Welfare Associations today petitioned Prime Minister Manmohan Singh demanding a scrutiny of accounts of private power distribution companies by the Comptroller and Auditor General. 

In the letter to the PM, the RWAs said the Delhi Electricity Regulatory Commission has been heeding to the demands of discoms to hike tariff though their balence sheets reflected clear profits. 

"We have sent a petition to the Prime Minister demanding a CAG scrutiny of the accounts of the discoms," President of East Delhi RWAs Joint Front B S Vohra said.

The RWAs across the city have been demanding a roll back of the 26 per cent hike in power tariff effected by Delhi's power regulator DERC in July. BJP as well as Arvind Kejriwal and his supporters have also been demanding roll back of the hike. 

Vohra said RWAs have sent copies of the petition to Delhi Chief Minister Sheila Dikshit and DERC chief P D Sudhakar. 

"Though the audited balance sheets of discoms exhibit clear profits, still DERC admits their plea of losses. As a result, power tariff is being revised upwards regularly and consumers are forced to pay high rates due to monopolistic practices of the companies," the RWAs said in the petition. (more) 

with thanks : Business Standard : LINK