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). The move is expected to usher in more transparency in pending payments.
A person aware of the recently held ‘Chintan Baithak’ (brainstorming meet) conducted by MNRE said, “The issue of payment delays was raised at the Chintan Baithak. It was pointed out that payment in Telangana has been pending for over 9 months. The industry demanded that a portal similar to Payment Ratification and Analysis in Power procurement for bringing Transparency (PRAAPTI) portal be created for the RE sector to make payment process transparent. Delegates suggested that State-wise, developer-wise debt should be in public domain.” Read More