DERC kicks off process for intensive audit of power discoms in Delhi

The Delhi Electricity Regulatory Commission (DERC) has floated a tender to appoint a Comptroller and Auditor General (CAG)-empanelled chartered accountancy (CA) firm to audit power distribution companies in the Capital, officials said.

The development comes nearly a month after the Appellate Tribunal for Electricity (APTEL) quashed the DERC’s proposal to conduct the exercise through the CAG itself.