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

The LPS for payments delayed by 15, 30, 45, and 60 days have been reduced to 0.6% per month

May 13, 2020

/ Nithin Thomas
/ Grid, Market & Policy
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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 ongoing coronavirus crisis.

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Nithin Thomas

More articles from Nithin Thomas.
commissionCoronaviruselectricityKarnatakaLate PaymentOrdersurcharges
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