RegulatoryMoneycontrol
CAG audits 39 power discoms over debt and losses
Negative-57
GreyOak summary
The Comptroller and Auditor General (CAG) has initiated a nationwide audit of 39 state-owned power distribution companies and five departmental undertakings. The review examines financial health, procurement practices, and consumer services amid significant debt. As of March 2025, discoms reported Rs 7.26 lakh crore in borrowings and Rs 3.42 lakh crore in accumulated losses. The audit aims to assess government support effectiveness and operational benchmarks under the Revamped Distribution Sector Scheme.
What it affects
- EnergyNegative -57
Discoms face high debt and losses under audit.Rolling sentiment Positive +38
