Regulator Directs Wind Energy Firm, MSEDCL, to Recompute Delayed Payment Charge
The Commission approved a delayed payment charge of ₹6.39 million
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
The Maharashtra Electricity Regulatory Commission (MERC) recently directed Hindustan Petroleum Corporation (HPCL) and the Maharashtra State Electricity Distribution Company (MSEDCL) to recompute the delayed payment charge from April 2012 to September 2017 according to the notified SBI benchmark interest rate and adjust the surplus amount accordingly.
Rakesh Ranjan
More articles from Rakesh Ranjan.