Power Minister R K Singh today launched web portal and App called PRAAPTI to bring transparency in power payments to generators at a function in New Delhi.

The Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators- PRAAPTI App and Portal has been developed to bring transparency in power purchase transactions between Generators and power distribution company- Discoms.

Speaking on the occasion, Mr Singh said, it is a good initiative and it will capture the Invoicing and payment data for various long-term Power Purchase Agreement-PPAs from the Generators. This will help the stakeholders in getting month-wise and legacy data on outstanding amounts of Discoms against power purchase.

He said 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. The Portal will also help Discoms and companies to reconcile their outstanding payments.