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Regulator Directs Wind Energy Firm, MSEDCL, to Recompute Delayed Payment Charge

The Commission approved a delayed payment charge of ₹6.39 million

March 24, 2023

/ Rakesh Ranjan
/ Other, Wind
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The Maharashtra Electricity Regulatory Commission (MERC) recently directed Hindustan Petroleum Corporation (HPCL) and the Maharashtra State Electricity Distribution Company (MSEDCL) to recompute the delayed payment charge from April 2012 to September 2017 according to the notified SBI benchmark interest rate and adjust the surplus amount accordingly.

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Rakesh Ranjan

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Delayed payment chargeHPCLMERCMSEDCLWEPAwind
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