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

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

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). This ...
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Bihar Lowers Late Payment Surcharge for DISCOMs Amid COVID-19 Crisis

Bihar Lowers Late Payment Surcharge for DISCOMs Amid COVID-19 Crisis

The Bihar Electricity Regulatory Commission (BERC) has reduced the rate of late payment surcharges (LPS) payable by the distribution companies (DISCOMs) and transmission licensees to ease their burden during the ...
Karnataka DISCOMs to Pay Lower Late Payment Surcharge Amid Coronavirus Crisis

Karnataka Power DISCOMs to Pay Lower Late Payment Surcharge Amid Coronavirus Crisis

The Karnataka Electricity Regulatory Commission (KERC) has issued an order lowering the late payment surcharges (LPS) by distribution companies (DISCOMS) to generation companies and transmission licensees in light of the ...