Current Affairs

Ministry of Power Launches PRAAPTI App for Electricity Payments

A.K. Bhalla, Minister of State for Power launched PRAAPTI App and web portal with an objective to bring transparency in power purchase transactions between Generators and Discoms.
Ministry of Power Launches PRAAPTI App for Electricity Payments

Reason

PRAAPTI that stands for Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators will capture the Invoicing and payment data for various long-term PPAs from the Generators. The web portal is designed to perform the same function

Benefits

  • Knowing the payment details made by the Discoms to the power generation company and when they were made.
  • Getting month-wise and legacy data on outstanding amounts of Discoms against power purchase
  • Enabling the consumers to evaluate financial performance of their Discoms in terms of payments being made to the generation companies.
  • Helping DISCOMs and GENCOs to reconcile their outstanding payments.
  • Making transactions in the power Sector more transparent.

Expected Questions

PRAAPTI app and web portal are related to the Ministry of
a.  Railways
b. Consumer Affairs, Food and Public Distribution
c. Communication
d. AYUSH
e. Power

What does R stand for in PRAAPTI?
a. Resources
b. Ratification 
c. Remuneration
d. Restructuring
e. Retiring

A web portal and application is launched by Ministry of Power for bringing Transparency in Invoicing of generators will capture the Invoicing and payment data for various long-term PPAs from the Generators. The web portal is designed to perform the same function.
Name the web portal talked about in the above lines?
a. POORNA
b. POORTI
c. PRAAPTI
d. PRAKRITI
e. PREKSHA
Ministry of Power Launches PRAAPTI App for Electricity Payments Ministry of Power Launches PRAAPTI App for Electricity Payments Reviewed by insiya yadav on June 01, 2018 Rating: 5

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