Supreme Court orders states to clear Rs 1.5 lakh crore Discom dues
Electricity tariffs are likely to increase across India following a Supreme Court order directing all states and Union Territories to recover pending dues owed to power distribution companies over the next four years. These liabilities, known as regulatory assets, have accumulated to over ₹1.5 lakh crore. They stem from the gap between actual electricity supply costs and the lower tariffs approved by state regulators. To keep tariffs low, payments to distribution companies were deferred over…