CAG audit
The Comptroller & Auditor General of India (CAG) has raised questions about the legal sanctity of land documents on the basis of which corporate houses setting up steel, aluminium, cement and power projects in Odisha have drawn bank loans to the tune of approximately Rs 52,424 crore. The CAG’s questions with regard to the legality [...] Continue Reading »
Power tariff has been increased in 15 states in the past one year. In eight of those 15 states, the increase has been between 8 and 12%. Delhiites would have to pay more for power from now on. However, Resident Welfare Associations (RWA) have been opposing any hike alleging fudging of accounts and the figures [...] Continue Reading »
Delhiites’ demand to get power companies’ accounts audited by the Comptroller and Auditor General (CAG) gained momentum on the second day of the public hearing on tariff petitions, as more Resident Welfare Associations (RWAs) thronged the hearing to lay stress on their objections. But the discoms are not willing to budge. BSES has said that [...] Continue Reading »
