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Discoms can now settle dues by EMIs

Mumbai: The government on Friday allowed electricity distribution companies to settle their dues to power generating companies and transmission companies in equated monthly instalments (EMIs).As per the Electricity (Late Payment Surcharge and Related Matters) Rules, 2022 notified on Friday, total dues including late payment surcharge up to the date of the notification of these rules…

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Discoms can now settle dues by EMIs

Mumbai: The authorities on Friday allowed electrical energy distribution companies to settle their dues to vitality producing companies and transmission companies in equated monthly instalments (EMIs).As per the Electricity (Unhurried Fee Surcharge and Associated Matters) Tips, 2022 notified on Friday, total dues including leisurely fee surcharge up to the date of the notification of these guidelines will doubtless be rescheduled and the due dates redetermined for fee by a distribution licensee in equated monthly instalments.Unhurried fee surcharges are payable by a discom to a genco on story of extend in fee of monthly prices previous the due date.Whereas discoms with over ₹10,000 crore of dues can certain them in 48 EMIs…
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