WebJan 7, 2024 · The rules provide rates of late payment surcharge, payment security mechanism, penalty, process for adjustment and liquidation of arrears. Electricity (Late … WebJun 30, 2024 · 1. Late payment surcharge: DISCOMs will be bound to pay LPS on the outstanding amount after the Due Date at the Base Rate, applicable for the first month of …

Implementation of the "Electricity (Late Payment Surcharge

WebThe Ministry of Power on June 03, 2024 has issued the Electricity (Late Payment Surcharge and Related Matters) Rules, 2024. The foremost provisions of the rules are … WebMinistry of Power has notified Electricity (Late Payment Surcharge and related matters) Rules 2024 on 3rdJune 2024. As per Rule 7(5) of the notification, a detailed procedure is … st joseph\u0027s catholic church salmon arm bc

The Electricity (Late Payment Surcharge and Related Matters) …

WebJun 30, 2024 · India June 30 2024. On June 3, 2024, the Ministry of Power notified the Electricity (Late Payment Surcharge and Related Matters) Rules, 2024 (“LPS Rules”), inter alia to strengthen the ... WebSep 1, 2024 · The development follows the introduction of the Electricity (Late Payment Surcharge and Related Matters) Rules, 2024, in June. According to the rules, non-payment of dues by the distribution ... Web4 hours ago · Improving Receivables Position: We expect REGP's receivable days to improve to 169 in FY23, assisted by an increasing exposure to sovereign-owned entities that make timely payments and a rise in receipt of payments from state utilities under late payment surcharge rules since August 2024. Receivable days improved to 231 in … st joseph\u0027s catholic church stratford ontario