"Once the Comptroller and Auditor General's (CAG) audit report is out, the power companies have to co-operate in examination of their accounts," Kejriwal told media.

"If they do not, then the government will not keep quiet. If needed, we will also cancel their licences," he said.

Kejriwal had requested the CAG to audit the accounts of the three power discoms. In Delhi, Reliance's distribution companies BSES Yamuna Power and BSES Rajdhani Power besides a third discom - a company of the Tata Group - is responsible for electricity supply.

The discoms on Thursday said that they would be forced to resort to load shedding in the national capital because of "cash constraints". However, the Chief Minister dismissed media reports over power cuts and said, "The power companies are trying to create panic among the people. But I want to warn them, if they try to create panic, action will be taken against them."

Kejriwal said that, if needed, new power companies will be brought in to supply electricity in Delhi.

"There are not only Tata and Ambanis in the country. If needed, we will bring new power companies to Delhi," he said.

The Aam Aadmi Party (AAP) had promised in their election manifesto ahead of the December 4 Delhi Assembly polls that it would have the accounts of power discoms audited.


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