Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021
The Electricity (Timely recovery of costs due to Change in Law) Rules, 2021 are aimed at ensuring timely recovery of the costs for generators due to change in law to promote investment in the power sector. “Timely recovery of the costs due to change in law is very important as the investment in the power sector largely depends upon timely payments,” said a government release, noting that currently, the pass through of cost due to change in laws takes time and this can lead to developers becoming financially stressed.
