BIG win for Anil Ambani as SC allows Reliance Infra to recover Rs 284830000000 for…
In a major boost for embattled industrialist Anil Ambani, the Supreme Court has allowed BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd — two subsidiaries of Anil Ambani-led Reliance Infrastructure– to recover power dues worth Rs 28,483 crore. In a regulatory filing on Friday, Reliance Infra said that BSES Yamuna Power Ltd and BSES Rajdhani Power are owed Rs 28,483 crore in total dues, as on July 31, 2025.
How much is Reliance Infra owed?
The Anil Ambani-led company said its subsidiaries will “recover Rs 28,483 crore of regulatory assets over a period of 4 years starting retrospectively from April 1, 2024”, following a Supreme Court order that has set guidelines for the recovery of regulatory assets.
Reliance Infrastructure, arguably the most profitable arm of Anil Ambani’s Reliance Group, owns a 51 percent stake in BSES Yamuna Power Ltd and BSES Rajdhani Power, while the remaining 49 percent stake is owned by the Delhi government.
The two power distribution companies (discoms) supply electricity to about 53 lakh household in the national capital.
On Wednesday, the Supreme Court directed that the regulatory assets, including carrying costs to the tune of Rs 27,200.37 crore, to be paid within three years to Delhi’s three private discoms.
What are regulatory assets?
Regulatory assets, which are essentially deferred revenue gaps to be recovered in future tariffs, have risen sharply for Delhi, reaching Rs 12,993.53 crore for BSES Rajdhani Power Ltd, Rs 8,419.14 crore for BSES Yamuna Power Ltd and Rs 5,787.70 crore for Tata Power Delhi Distribution Ltd as on March 31, 2024, totalling Rs 27,200.37 crore.
Reliance Infra said its power discoms had filed a writ petition and civil appeals in 2014 before the Supreme Court, raising the issue of “non-cost reflective tariff, unlawful creation of regulatory asset and non-liquidation of regulatory asset”.
The petitions were were heard at length by the Supreme Court, and after hearing all parties, including the state governments and state electricity regulatory commissions., the apex court ordered that Electricity Regulatory Commissions (ERCs) must provide the roadmap for liquidation of existing regulatory assets, which will include provisions for dealing with carrying costs, the company said.
ERCs must also undertake a strict and intensive audit of the circumstances in which the Discoms have continued without recovery of Regulatory Assets, the order said.
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