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 simple interest rate of 1.25% per month shall be levied by the renewable energy generator for the actual number of days by which the payment is delayed.
Section 30: Late payment surcharge
The Himachal Pradesh Electricity Regulatory Commission (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions…State Regulations of Himachal Pradesh · 2003
Where this provision sits
| Act | The Himachal Pradesh Electricity Regulatory Commission (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2012 |
|---|---|
| Section | 30 |
| Marginal note | Late payment surcharge |
| Jurisdiction | State of Himachal Pradesh |
| Status | In force as published by the source |
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