Maharashtra Regulator Asks DISCOM to Pay Late Payment Surcharge to Wind Power Generator
MSEDCL would have to pay interest at 1.25% per month on the outstanding amount if it defaulted
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The Maharashtra Electricity Regulatory Commission (MERC) recently directed the Maharashtra State Electricity Distribution Company (MSEDCL) to pay a late payment surcharge to a wind developer from March 15, 2017, to March 2020, within a month.