India, Aug. 8 -- BSES Yamuna Power Limited and BSES Rajdhani Power Limited, material subsidiaries of Reliance Infrastructure Limited, have received approval to recover approximately Rs 21,413 crore in regulatory assets over the next four years. The decision follows a landmark judgment by the Hon'ble Supreme Court on August 6, 2025, which disposed of writ petitions and civil appeals filed by the BSES discoms in 2014.
The petitions, filed over a decade ago, challenged issues such as non-cost-reflective tariffs, the unlawful creation of regulatory assets, and the failure to liquidate them. After extensive hearings involving all concerned parties, including state governments and State Electricity Regulatory Commissions (ERCs), the Supreme Cour...