Ministry of Power Wants Late Payment Surcharge for DISCOMs to be Kept Below 12%

This measure is expected to help reduce the financial burden of the distribution companies

August 25, 2020

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The Ministry of Power (MoP) has suggested that the power generation and transmission companies should reduce the late payment surcharge (LPS) up to 12% annually for distribution companies (DISCOMs).

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Ministry of Power Wants Late Payment Surcharge for DISCOMs to be Kept Below 12%

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