A web portal and an app namely PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), www.praapti.in, was officially launched on May 29, 2018, by R.K. Singh, Minister of State (Independent Charge) for Power.
PRAAPTI App and web portal has been developed to bring transparency in power purchase transactions between generators and power distribution companies, a government release said.
The app will also allow users to know the details related to payments made by discoms to the power generation company and when they were made.
The app and web portal will capture the invoicing and payment data for various long term PPAs from the generators. This 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 and when they were made.
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, apart from helping discoms and generators to reconcile their outstanding payments, would also facilitate relative assessment of various state discoms on “Ease of making payments” to various generation companies, and will also help make transactions in the power sector more transparent, the release added.
Featured photograph shows screenshot of the home page of PRAAPTI (www.praapti.in)
