+
Delhi Govt to conduct audit of discoms regarding pension surcharge
POWER & RENEWABLE ENERGY

Delhi Govt to conduct audit of discoms regarding pension surcharge

Delhi Chief Minister Atishi has announced a special audit of power companies to investigate the pension surcharge issue, according to an official statement released on Wednesday. The audit, to be carried out by auditors approved by the Comptroller and Auditor General (CAG), aims to enhance transparency in the pension process of the Delhi Vidyut Board (DVB).

Currently, DISCOMs levy a seven percent pension surcharge on power consumers’ monthly bills, calculated as a percentage of the fixed and energy cost components.

Highlighting the government's commitment to pensioners, Atishi emphasized that ensuring the well-being of DVB pensioners is a top priority. This audit is expected to provide accountability and clarity regarding the funding and distribution of pension benefits, ensuring that pensioners receive the necessary support.

The Chief Minister has instructed the Delhi Electricity Regulatory Commission (DERC) to perform a comprehensive audit of all electricity distribution companies (DISCOMs) in the national capital. This initiative aims to protect the pension benefits of over 20,000 DVB pensioners and improve transparency.

The primary goal of the audit is to monitor the funds collected as pension surcharge and confirm their proper utilization for pension funding and related benefits for retired DVB employees.

"The well-being of DVB pensioners is our priority. This special audit will enhance transparency in the entire pension process. These pensioners have served Delhi for decades, and it is our responsibility to ensure they receive better facilities in their retirement," Atishi stated.

She further noted that the audit would ensure accountability and clarity in the collection of the pension surcharge and assess the ongoing funding needs of the pension trust.

Delhi Chief Minister Atishi has announced a special audit of power companies to investigate the pension surcharge issue, according to an official statement released on Wednesday. The audit, to be carried out by auditors approved by the Comptroller and Auditor General (CAG), aims to enhance transparency in the pension process of the Delhi Vidyut Board (DVB). Currently, DISCOMs levy a seven percent pension surcharge on power consumers’ monthly bills, calculated as a percentage of the fixed and energy cost components. Highlighting the government's commitment to pensioners, Atishi emphasized that ensuring the well-being of DVB pensioners is a top priority. This audit is expected to provide accountability and clarity regarding the funding and distribution of pension benefits, ensuring that pensioners receive the necessary support. The Chief Minister has instructed the Delhi Electricity Regulatory Commission (DERC) to perform a comprehensive audit of all electricity distribution companies (DISCOMs) in the national capital. This initiative aims to protect the pension benefits of over 20,000 DVB pensioners and improve transparency. The primary goal of the audit is to monitor the funds collected as pension surcharge and confirm their proper utilization for pension funding and related benefits for retired DVB employees. The well-being of DVB pensioners is our priority. This special audit will enhance transparency in the entire pension process. These pensioners have served Delhi for decades, and it is our responsibility to ensure they receive better facilities in their retirement, Atishi stated. She further noted that the audit would ensure accountability and clarity in the collection of the pension surcharge and assess the ongoing funding needs of the pension trust.

Next Story
Infrastructure Energy

WattPower, First Solar Host Solar Connect to Boost Agri-Solar in Telangana

WattPower, a renewable energy solutions provider, in collaboration with First Solar, hosted a high-level industry roundtable titled ‘Solar Connect’ at Vivanta, Hyderabad. The event focused on advancing agri-solar deployment in Telangana under the PM-KUSUM scheme. The session brought together policymakers, clean energy experts, and project stakeholders to address the core challenges in scaling agri-solar infrastructure. The agenda included technical presentations by both companies and a panel discussion moderated by Pavit Gandhi, Director, Sales, WattPower. The panel, titled “Un..

Next Story
Infrastructure Urban

PM Modi to Launch Rs 12 Billion Projects in Bihar, Rs 5 Billion in West Bengal

Prime Minister Narendra Modi will visit Bihar and West Bengal on Friday to launch a series of development projects worth over Rs 17 billion, aimed at strengthening infrastructure, connectivity, and socio-economic growth in the two states.Projects in BiharIn Bihar, the Prime Minister will lay foundation stones, inaugurate, and dedicate projects spanning rail, road, rural development, fisheries, electronics, and information technology sectors.He will inaugurate multiple rail projects, including the automatic signalling system on the Samastipur-Bachhwara rail line for improved train operations. T..

Next Story
Infrastructure Transport

IRCON Secures Rs 1.87 Billion in Major Mumbai Metro and Rail Contracts

State-owned engineering firm IRCON International Limited announced on Friday, 18 July, that it has secured three major infrastructure contracts worth over Rs 1.87 billion. The awards include two contracts for Mumbai Metro projects from the Mumbai Metropolitan Region Development Authority (MMRDA) and one railway project in Madhya Pradesh from Rail Vikas Nigam Limited (RVNL).IRCON received a Letter of Award from RVNL for a railway infrastructure project valued at Rs 756 million (inclusive of GST) in Madhya Pradesh. The contract was awarded to the IRCON–JPWIPL joint venture, where IRCON holds a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?