Mercom Insider

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
thumbnail

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


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.

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.

Already have an account? Sign In

Register for free

thumbnail

Nithin Thomas

More articles from Nithin Thomas.
commissionCoronaviruselectricityKarnatakaLate PaymentOrdersurcharges
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS