JERC issues directions to reduce LPS

The Joint Electricity Regulatory Commission [JERC] for the State of Goa and Union Territories has issued directions to reduce LPS from 2 per cent to 1 per cent per month. The JERC has also asked discoms to provide a moratorium on the payment of fixed charges to all industrial and commercial consumers for bills that fall due from March 24, 2020 to June 30, 2020. The deferred charges will be recovered over the next three bills to be raised after June 30, 2020.

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