CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

The late payment surcharge will be applicable for delayed payments till June 30, 2020

April 1, 2020

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


The Ministry of Power (MoP) has disclosed that it has received representations from power distribution companies and state governments requesting a waiver of late payment surcharge (LPS) given the force majeure situation arising from severe restrictions placed on the movement of people and establishments.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS