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electricity (late payment surcharge and related matters) rules of 2022

Centre Amends Electricity, Late Payment Surcharge Rules 2022

The Central government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 to ensure an adequate supply of electricity and to meet the growing demand in the country. The government amended the rule to ensure the optimum utilisation of available power-generating capacity. These amendments are expected to enhance the reliability of […]

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Discoms Have Total Unpaid Dues of Rs 29,136cr, R.K.Singh tells Rajya Sabha

Union Power Minister RK Singh informed Rajya Sabha today that the electricity distribution companies (Discoms) had a total unpaid dues of Rs 29,136 crore as of July 24, 2023. These payments were to be made to the country’s power-generating companies (gencos). It was in addition to the balance legacy dues of Rs 61,025 crore. The […]

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POSOCO Asks Power Exchanges To Bar 27 DISCOMs From Trading Until They Clear Dues

According to sources, Power System Operation Corporation Ltd (POSOCO) has asked three power exchanges – IEX, PXIL, and HPX – to restrict electricity trading by 27 discoms in 13 states that owe gencos money. POSOCO has issued a directive to the Indian Energy Exchange (IEX), Power Exchange of India (PXIL), and Hindustan Power Exchange (HPX) […]

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