Ministry of Power Issues New Rules for Late Payment Surcharge Payable by DISCOMs

The surcharge should not be higher than 3% of the base rate at any given time

February 24, 2021

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The Ministry of Power has issued new regulations regarding the late payment surcharge, which will be applicable for power purchase agreements (PPAs) and transmission service agreements in which the tariffs have been determined through competitive bidding.

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Rakesh Ranjan

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Ministry of Power Issues New Rules for Late Payment Surcharge Payable by DISCOMs

Continue Reading with Premium Access

Comments

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