The power ministry has proposed to cap the late payment surcharge payable by discoms to 12 per cent per year.
Responding to media queries after the ZIVA launch press conference, Vivek Sharma, Managing Director, Panasonic Life Solutions explained that ZIVA will be the entry-level modular switch range, and will be targeted at consumers that would like to graduate from the hugely popular “Penta” range of non-modular switches.