Supreme Court stays CAG audit of Delhi discoms over regulatory assets dispute

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The Supreme Court on Friday halted a CAG audit ordered by the Delhi government of three private discoms against the backdrop of a staggering Rs 38,500 crore accumulated over the years as Regulatory Assets (RA) to be recovered from consumers.

"Till further orders, there shall be a stay of the Appellate Tribunal for Electricity direction for audit," the bench said.

The bench, while issuing notice to the discoms, said, "The present civil appeal concerns directly the issue whether the action of the DERC in initiating the process of audit of the distribution companies by CAG is legally permissible."

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