Arvind Kejriwal meets CAG on audit of discoms

Delhi Chief Minister Arvind Kejriwal on Tuesday met Comptroller and Auditor General Shashi Kant Sharma for fast tracking the scrutiny of finances of the private power distribution companies by the auditor.

He was accompanied by Power minister Satyendra Jain. This is the second time that Kejriwal met CAG over the issue as he had discussed the issue soon after taking oath.

According to Sources in Delhi government, Sharma was explained Delhi government's view on the CAG audit of the finances of the discoms and its plans to review the electricity tariff after the findings of the audit.

The first AAP government in January last year had ordered CAG audit of the finances of the three power companies - BSES Yamuna Power Ltd, BSES Rajdhani Power Ltd and Tata Power Delhi Distribution Ltd. It had even warned the discoms that their licenses may be cancelled if they do not cooperate with the audit.

The AAP government had ordered CAG audit of the discoms since 2002 after power distribution was privatised. Delhi discoms are a 51:49 per cent joint venture between the private companies and the Delhi government.