MoP notifies Electricity (Late Payment Surcharge and Related Matters) (Amendment) Rules, 2024

The Ministry of Power has amended the Electricity (Late Payment Surcharge and Related Matters) (Amendment) Rules, 2024 in order to ensure adequate supply of electricity to meet the growing demand in the country. The amendments will enhance the reliability of power supply for all consumers. A key amendment which has been made is related to surplus power which is within the declared generation capacity but not requisitioned by distribution companies. Some power generators were not offering this surplus power in the market, thus resulting in unused power capacity at national level.