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HindustanTimes Thu,24 Jul 2014

Audit order to discoms

HT Correspondent, Hindustan Times  New Delhi, February 28, 2013
First Published: 00:17 IST(28/2/2013) | Last Updated: 00:18 IST(28/2/2013)

To ensure more transparency and accountability the Delhi Electricity Regulatory Commission (DERC) has asked the power distribution companies to get their accounts periodically reviewed by "statutory auditor".

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The DERC also made it mandatory for the discoms to change the auditor every three months.

In a notice sent to the three power discoms - BSES Yamuna, BSES Rajdhani and Tata power Distribution - and the Delhi government, the regulatory body has recommended setting up of audit committee headed by an independent director by each discom.


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