NEW DELHI: The power ministry has fired a salvo at the Delhi Electricity Regulatory Commission over ballooning ‘regulatory assets’ — or deferred tariff hikes — as widening gap between cost of electricity procurement and tariff widens revenue gap of the capital’s discoms (distribution companies).
In a letter to APTEL (Appellate Tribunal for Electricity), the ministry on February 20 sought probe against the lone member of the regulatory body for not raising tariffs in line with rising costs and made a case of his removal on grounds of disregarding provisions of the Electricity Act 2003, orders of statutory bodies and superior courts.
Member (technical) A K Ambasht is the only office-bearer of the three-member regulatory body since chairperson, Justice (retd) Shabihul Hasnain, retired as chairman on January 9. Member (legal) had superannuated earlier and the position is still vacant.
