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CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

The late payment surcharge will be applicable for delayed payments till June 30, 2020

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The Ministry of Power (MoP) has disclosed that it has received representations from power distribution companies and state governments requesting a waiver of late payment surcharge (LPS) given the force majeure situation arising from severe restrictions placed on the movement of people and establishments.

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