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Grid Controller of India Updates Rules for Electricity Late Payment Surcharge

The new procedure will take effect from January 1, 2025

November 29, 2024

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The Grid Controller of India (POSOCO) 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.

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