Earlier in the day, state-run NTPC had threatened to snap power supply to BYPL despite a request by the Delhi Government not to do so.
The hike by the DERC was announced after it had a meeting with top officials of the three private power companies.
Sudhakar said the Delhi Government has requested lending agencies Power Finance Corporation and Rural Electrification Corporation to extend financial help to the discoms.
As BYPL informed the government about imminent power cuts of 8-10 hours, Kejriwal accused BSES discoms of trying to “blackmail” the government and even warned them of strict action including possible cancellation of licenses.
“There are no reasons for power cuts. I want to give them a warning that if they try to create panic in future, the government will take strict action against them,” Kejriwal said.
Dismissing any valid reasons for such extreme steps, the Chief Minister said there were so many question marks over the discoms account.
“They are not cooperating in CAG audit, which raises further suspicion. The government will not keep quite. The government will not hesitate in cancelling their licences,” he said while assuring the people that there was no possibility of power cuts.
“Power companies are indulging in wrong doings to create panic they are trying to blackmail us,” he said.