<h1>DERC Faces Leadership Crisis Amid Rs 27,200 Crore Regulatory Asset Payout Mandate Under Section 62</h1> The Delhi Electricity Regulatory Commission (DERC) is operating without a chairman and with multiple key vacancies, including senior administrative and technical positions, following the retirement of its chairman last month. This leadership vacuum coincides with a Supreme Court directive mandating payment of regulatory assets totaling approximately Rs 27,200 crore to three private power distribution companies over three years. These regulatory assets represent deferred revenue gaps recoverable through tariffs set annually by the commission. Despite rising regulatory assets, electricity tariffs in Delhi have remained largely unchanged since 2021. Internal disputes among commission members and senior officials have reportedly hindered effective functioning. The Delhi government, responsible for appointments to the commission, has not responded to the situation. Meanwhile, the power distribution companies plan to recover substantial dues over the next four years in compliance with the Supreme Court order.