The Ministry of Power vide notification dated 26 May, 2022 has provided for weekly provisional billing for generating companies having Domestic Coal based plants supplying electricity. In case of default of payment of 15% of the weekly provisional bill, the generating company shall be free to sell 15% of power in the power exchange.
This direction shall apply only for coal imported for blending by such domestic coal based power plant up to 31.03.2023.