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State of Jammu-Kashmir - Section

Section 20 in Jammu and Kashmir State Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2013

20. Late payment surcharge.

- In case the payment of any bill for charges payable under these regulations is delayed beyond a period of 60 days from the date of billing, a late payment surcharge at the rate of 1.25% per month shall be levied by the generating company.Solar Power Project developer will pass as the gross benefits of CDM to the distribution licensee with whom PPA is signed, as per regulation of CERC.