DERC asks govt to examine ramifications of scrapping licenses
February 07, 2014  23:05
Delhi's power regulator DERC today asked the AAP government to examine ramifications of possible cancellation of licenses of BSES discoms, particularly about their huge financial liabilities.        

In a letter, the Delhi Electricity Regulatory Commission conveyed to the government that it should examine various issues carefully, including the appointment of administrators in the discoms in the event of suspension of their licensees.        

"A considered view has to be taken as to whether past liabilities of the discoms will stand transferred to the administrator/ state government and the manner in which personnel will be drawn for running the distribution system," the DERC said.
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