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Which ministry announced that the Generating Companies and the Transmission Companies have been advised to charge Late Payment Surcharge at a rate not exceeding 12% per annum?
A)
The Power Ministry
B)
Ministry of Defence
C)
Ministry of Road Transport and Highways
D)
Ministry of Electronics and Information Technology

Correct Answer :   The Power Ministry


On August 22, 2020, the Power Ministry announced that the Generating Companies and the Transmission Companies have been advised to charge Late Payment Surcharge at a rate not exceeding 12% per annum. With this, the financial burden on Discoms is to ease out.

Published On : July 18, 2021
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