The app is aimed to bring transparency in power purchase transactions between the power generators and Discoms
GN Bureau | June 1, 2018
Minister of state (I/C) for power and new and renewable energy RK Singh recently unveiled a web portal and an app, PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).
The app is aimed to bring transparency in power purchase transactions between the power generators and distribution companies (Discoms).
The ministry, along with various PSUs, is going to be benefitted from the portal and the app.
The app and portal will capture the invoicing and payment data for various long term PPAs from the generators. It will help the stakeholders in getting month-wise and legacy data on outstanding amounts of Discoms against power purchase.
The app will also allow users to know the details related to the payments made by the Discoms to the power generation company.
PRAAPTI will also enable the consumers to evaluate financial performance of their Discoms in terms of payments being made to the generation companies.
The portal will facilitate DISCOMs and GENCOs to reconcile their outstanding payments.
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