MoP prescribes SOP for implementation of LPS rules

The Ministry of Power has prescribed standard operating procedure (SOP) for implementation of the Electricity (Late Payment Surcharge (LPS) and related matters) Rules, 2022.

As per the SOP, suppliers (CPSEs/IPPs/REs/CTU) must update the details of invoices presented to discoms on the PRAAPTI portal within 5 days (including any holidays) of date of invoice. The date of presentation of bill to discoms shall also be entered by the generator on the portal, which shall form the anchor date in respect to determination of due date and default trigger date on the portal in line with provisions of the ibid rules. The portal will auto check this period of 5 days and suppliers shall not be allowed to update details of invoices beyond this period in any case. An automated email would be sent to designated email-ID of discoms upon entry of any new invoice on the portal along with basic details of invoice including bill amount, bill due date and default trigger date.

Click here to read the SOP

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