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  1. Rs 29,000 cr over-invoicing by power companies? AAP leader approaches CBI

Rs 29,000 cr over-invoicing by power companies? AAP leader approaches CBI

AAP leader Ashish Khetan today filed a compliant with CBI alleging massive "over-invoicing" of coal imports running into nearly Rs 29,000 crore by top power companies.

By: | Published: May 13, 2016 3:43 PM

AAP leader Ashish Khetan today filed a compliant with CBI alleging massive “over-invoicing” of coal imports running into nearly Rs 29,000 crore by top power companies.

He said that through coal imports, a huge amount of money has been siphoned off outside India, which is not only “illegal” , but also a loss to the public exchequer.

“Over-invoicing of coal imports is a double whammy for the common man as artificially enhanced cost of coal is eventually passed on to consumers in the form of increased tariffs.

He said DRI is already investigating some companies in connection with the matter.

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