Tariff Computation & Petition generation Module
IWS has implemented the Tariff computation & petition generation system- commercial application for PGCIL and integrated with the existing Financial Management System of PGCIL. The module is intended to automate very complex tariff computation of transmission projects of the corporation and generate petitions of tariff for submission to CERC. Presently with the implementation of software, petition generation time has been reduced to 10-15 minutes from 2-3 days for each project. The module has also enabled instant computation of tariff income, incentive, Foreign Exchange Rate variation, Floating Rate computation. After implementation of tariff computation module, POWERGRID enjoys integrated and dependable databank of more than 400 transmission projects and MIS reports are generated instantly without the need of collecting data from units.
Annual Technical Support of Computation & Petition generation Module
POWERGRID awarded the project of support of Tariff computation & Petition Generation Module to IWS in May 2010. Since then IWS is providing instant support with utmost user satisfaction to POWERGRID .