Daily News Wrap-Up: Rules on Electricity Late Payment Surcharge Updated
Odisha approves four solar cell and module manufacturing facilities
December 2, 2024
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The Grid Controller of India has released an updated procedure to implement the Electricity (Late Payment Surcharge and Related Matters) Rules 2022 and subsequent amendments. The procedure applies to intra-state and inter-state generators, licensees, and distribution entities, focusing on payment security, power scheduling, and addressing non-payment scenarios. The new procedure will take effect from January 1, 2025.