News India Not only discoms all Public Private Partnership projects should also be audited: Ex-CAG

Not only discoms all Public Private Partnership projects should also be audited: Ex-CAG

New Delhi: Former CAG Vinod Rai today said financial accounts of not only private power distributors but also of all Public Private Partnership (PPP) projects in the country should be audited by the government auditor.Rai,



The CAG is in the process of starting audit of these companies since privatisation of power distribution in Delhi in 2002.

The Delhi High Court early this month had also given its nod to the Comptroller and Auditor General (CAG) to audit the accounts of private telecom companies.

It is pertinent to mention that Chairman of Delhi Electricity Regulatory Commission (DERC), P D Sudhakar, had in July last year favoured audits of private power companies.

“There should be a CAG audit of the accounts of all the private power distribution companies. We have already sent a recommendation to the Delhi government for it,” he had said then.

Some PPP projects in the country also involve those in the road and highways sector.

Latest India News