Author: Abhishek Bhalla
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India: Chhattisgarh State Electricity Board Reduces Late Payment Surcharge by 33%
Central India (Raipur) based industry sources stated that, Chhattisgarh State Electricity Regulatory Commission (CSERC) has reduced the late payment surcharge to 1% from 1.5% for three consecutive months. In addition the CSERC also announced a moratorium on fixed demand charges (FDC) for 3 months (April, May & June) and this will be payable in July…