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Union of India - Section

Section 45 in Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2014

45. Late payment surcharge.

- In case the payment of any bill for charges payable under these regulations is delayed by a beneficiary of long term transmission customer/DICs as the case may be, beyond a period of 60 days from the date of billing, a late payment surcharge at the rate of 1.50% per month shall be levied by the generating company or the transmission licensee, as the case may be.Chapter - 10 Miscellaneous Provisions