SC bars discoms from recovering depreciation on idle assets
The Supreme Court of India has set aside an order of the Appellate Tribunal for Electricity (APTEL), ruling that Tata Power Delhi Distribution Limited (TPDDL) cannot recover depreciation costs for the decommissioned Rithala Combined Cycle Power Plant after it stopped supplying electricity. The judgment restores the 2019 order of the Delhi Electricity Regulatory Commission (DERC)…
