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Home Governance

PRAAPTI portal

May 11, 2022
in Governance
Reading Time: 2 mins read
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PRAAPTI portal
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In news– According to portal PRAAPTI, Total outstanding dues of electricity distribution companies(Discoms) to power producers rose by 4.04 per cent year-on-year to ₹ 1,21,765 crore in May 2022.

About PRAAPTI portal-

  • PRAAPTI stands for Payment Ratification And Analysis in Power Procurement for bringing Transparency in Invoicing of generators.
  • This portal was launched by the Ministry of Power in 2018.
  • It is a platform aimed at enhancing transparency and encouraging best practices in Power Purchase transactions. 
  • The Portal would also help DISCOMs(Power Distribution Companies) and GENCOs (Generation Companies) to reconcile their outstanding payments.
  • The information received from onboard Generators including monthly details about invoices raised to and payments received from DISCOMs is available on the portal. 
  • Presently information for only Long/Medium term PPAs is available is being sourced from these Generators.
  • Data available for DISCOMs of a particular state is used to arrive at a ‘Composite Index’. Average score of the state on this Composite Index is then used to assess its relative performance against other states. 
  • Subsequently, the results are depicted on a scale showing Ease of making payments by DISCOMs of the state
  • The portal would facilitate relative assessment of various State DISCOMs on “Ease of making payments” to various  GENCOs, and will also help make transactions in the power Sector more transparent.
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Source: Business Standard
Tags: NewspaperPrelims

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