Discoms’ regulatory assets cumulatively rose to Rs 88,720 crore by June 30, showed government data, indicating that financial woes of utilities run deeper than their outstanding dues from states, reported The Times of India on Wednesday.
While the data says the amount recognised by state regulators is Rs 88,720 crore, industry players believe it is just the tip of the iceberg and the actual amount could be in excess of Rs 1 trillion with claims tied up in legal knots at the appellate level or in higher courts, reported TOI.
Delhi’s tariff regulator has recognised regulatory assets of Rs 8,954 crore for the three discoms operating in the capital, however, if the orders of appellate bodies and courts are added, the amount will be substantially higher, executives, quoted by TOI, said.
