The scheme provides for waving off 100% interest/surcharge on outstanding principal amount. In UT of J&K, the domestic consumer category comprises over 86% of JKPDD consumers and around 50% of total energy consumption in the UT is from the said category of the consumers.
However almost 30% of these Domestic consumers (Approx.5.50 lakh) in the said sector are either making staggered payments or have not made any payment towards their electricity bills primarily due to huge accumulation of outstanding power dues including late payment surcharges/interest which is leading to high commercial losses to JKPDD/ Discoms.
The Amnesty Scheme has resulted into the recovery of Rs. 235.58 crore from domestic consumers.The Domestic consumers shall be benefited by waving off the surcharge amount and payments of principal amount in affordable installments (EMIs).
The Government/DISCOMS shall be able to recover the outstanding principal amount which shall result in decreasing the ARR/ACS gap and shall have a positive effect on lowering of AT&C losses too.