Late Payment Surcharge for DISCOMs Reduced in Madhya Pradesh
The state’s power management company had recently said that the pandemic should be treated as force majeure
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To tackle the unprecedented challenges posed by the outbreak of Coronavirus, the Madhya Pradesh Electricity Regulatory Commission (MPERC) has reduced the rate of current late payment surcharge (LPS) to be paid by the state’s distribution companies to power generators and inter-state transmission licensees by 0.50% per month.
Rakesh Ranjan
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