1. Govt.of India Initiatives
2. Implementation of Late Payment Surcharge Rule,2022

Ministry of Power (MoP) vide Gazette Notification dated 3^rd June’ 2022, notified “The Electricity (Late Payment Surcharge and Related Matters) Rules, 2022” (LPS Rules). These rules provide a mechanism for settlement of outstanding dues of Generating Companies, Inter-State Transmission Licensees and Electricity Trading Licensees.

The rules provide for clubbing of all outstanding dues (as on 03.06.2022) including Principal, Late Payment Surcharge etc. into a consolidated amount which can be paid in interest free Equated Monthly Instalments (EMI). The maximum number of such EMIs can be forty eight (48) based on the quantum of the total outstanding dues. The rules also indicate modalities for implementation and also penalties for not making payments, in line with the Re-determined Payment Schedule.

Further, non-payment of current dues by DISCOMs, one month after the due date of payment or two and half months after the presentation of power bill, whichever is later, shall attract regulation of power as laid down in the LPS rules, 2022.

PFC has been designated by MoP, as the Nodal Agency for implementation of LPS Rules’ 2022.  PFC shall be responsible for all the activities related to implementation of the said Rules including regular review and monitoring. PFC has also been entrusted with the task of  coordinating with all States/UTs, DISCOMs, GENCOs, CTU, Trading Cos, POSOCO, FIs/Banks etc. to ensure timely flow of requisite information/data pertaining to implementation of the Rules.

DISCOMs may kindly visit "ANNOUNCEMENT" tab on PRAAPTI Portal to get information about the latest status of outstanding dues.

DISCOMs may kindly contact the following Executives of PFC for any Queries: