The Ministry of New and Renewable Energy(MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms).This move is expected to usher in more transparency in pending payments.
The industry has demanded that a portal should be similar to Payment Ratification and Analysis in Power procurement for bringing Transparency (PRAAPTI) for the renewable energy sector to make payment process transparent.
PRAAPTI portal was launched by the Ministry of Power in 2018 to capture the invoicing and payment data for various long term Power Purchase Agreements (PPAs) from the Generators.
This portal captures the Invoicing and payment data for various long term PPAs from the Generators.This helps the stakeholders in getting month-wise and legacy data on outstanding amounts of Discoms against power purchase.
The app also allows users to know the details related to the payments made by the Discoms to the power generation company and when they were made.
It has also enabled consumers to evaluate financial performance of their Discoms in terms of payments being made to the generation companies.
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