Overview
- APERC’s December 31 order closed the FY 2019–20 to FY 2023–24 truing-up, approving ₹4,497.89 crore and instructing DISCOMs to recover it from the state government.
- The government, in a letter dated December 31, undertook to pay the amount to avoid hardship to end consumers, according to the regulator.
- From original net true-up claims of ₹12,771 crore, APERC disallowed ₹8,274 crore, including carrying costs and other expenses after scrutiny.
- The approved dues are allocated as APSPDCL ₹1,551.69 crore, APCPDCL ₹1,163.05 crore, and APEPDCL ₹1,783.15 crore.
- Political reactions continue, with ministers promising future tariff reductions and CPI(M) alleging consumers still face other charges such as FPPCA; no payment timeline has been disclosed.