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Petition No. 223/2010 (Suo-motu). Case: In Re: Department of Power, Govt. of Nagaland Vs. Central Electricity Regulatory Commission

Judgment Cited in Precedent Map Related
Vincent
Case NumberPetition No. 223/2010 (Suo-motu)
JudgesPramod Deo, Chairperson, S. Jayaraman, V.S. Verma and M. Deena Dayalan, Members
IssueElectricity Law
Judgement DateOctober 04, 2010
CourtCentral Electricity Regulatory Commission

Order:

1. Regulation 10 of the Central Electricity Regulatory Commission (Unscheduled interchange charges and related matters) Regulations, 2009 (UI Regulations) provides for the schedule of payment of unscheduled interchange charges and payment security for settlement of UI dues as under:

10. Schedule of payment of Unscheduled Interchange Charges and Payment Security

(1) The payment of UI charges shall have a high priority and the concerned constituent shall pay the indicated amounts within 10 (ten) days of the issue of statement of Unscheduled Interchange charge including Additional Unscheduled Interchange charges by the Secretariat o the respective Regional Power Committee into the "Regional Unscheduled Pool Account Fund" of the concerned region.

(2) If payments against the Unscheduled Interchange charges including Additional Unscheduled Interchange charges are delayed by the more than two days, i.e. beyond twelve (12) days from the date of issue of the statement by the Secretariat of the respective Regional Power Committee, the defaulting constituent shall have to pay simple interest @ 0.04% for each day of delay.

(3) All payments to the entities entitled to receive any amount on account of UI charges shall be made within 2 working days of receipt of the payments in the "Regional Unscheduled Interchange Pool Account Fund" of the concerned region:

Provided that in case of delay in the UI payment into the respective regional UI Pool Account and interest thereon if any, beyond 12 days from the date of issue of the Statement of UI chares then the regional entities who have to receive UI payment or interest thereon shall be paid from the balance available if any...

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