In accordance with Section 176 of the Electricity Act, 2003 (36 of 2003) Ministry of Power (MoP) has published Draft Electricity Distribution (Accounting aspects of Specified Items & Additional Disclosures) Rules, 2023. We welcome MoP’s initiative to delineate these guidelines to improve the depth and width of accounting and performance disclosures pertaining to discoms. Our comments and suggestions focus on these aspects to further bolster the transparency of the discom financial accounts.