Financial Ops for Energy & Renewables.

PPA billing, DISCOM reconciliation, O&M vendor payments, subsidy tracking, RECs accounting, and multi-plant treasury for solar, wind, and conventional energy companies.

PPA
Auto-billing
DISCOM
Reconciliation
Subsidy
Tracked
Multi-plant
Treasury
✗ The Problem

What you're dealing with today

✗PPA billing based on generation units requires reconciling SCADA data with DISCOM meter readings - done manually monthly
✗DISCOM payment delays of 90-180 days create working capital stress with no systematic tracking
✗O&M vendor payments across hundreds of technicians and suppliers at remote plant sites
✗Renewable Energy Certificate accounting and trading requires separate systems
✗State subsidies and incentives tracked in spreadsheets - often unclaimed due to missed deadlines
✗Multi-plant financial performance not visible on a consolidated basis for promoters and lenders
✓ SpacePe Solution

How SpacePe fixes it

✓PPA billing automation - import SCADA generation data, match to DISCOM meter, generate invoice at contracted tariff
✓DISCOM receivable aging dashboard with escalation tracking, payment expected dates, and letter drafting
✓O&M vendor payment processing with site-wise cost allocation and PPM schedule tracking
✓REC issuance, holding, and trading accounting with NLDC/RPO compliance tracking
✓Subsidy and incentive receivable tracker - generation-linked calculation with deadline management
✓Multi-plant treasury with plant-wise P&L, lender reporting dashboards, and DSRA monitoring

Purpose-built for Energy

Not generic finance software. Every feature built around how your industry actually operates.

⚡

PPA Billing Engine

Import generation data from SCADA/inverter systems. Match to DISCOM meter readings. Generate invoice at contracted tariff with seasonal adjustment. Auto-send to off-taker.

🏛️

DISCOM Receivable Management

Aging dashboard for all DISCOM receivables. Expected payment dates by state. Automated follow-up letters. Escalation to state regulators.

🔧

O&M Vendor Payments

Site-wise vendor payment processing. PPM schedule tracking. Spare parts procurement with PO matching. Technician travel and accommodation management.

🌱

REC & RPO Compliance

Track Renewable Energy Certificate issuance, holding, and surrender. RPO compliance monitoring per state obligations. NLDC registry reconciliation.

📋

Subsidy Tracker

Calculate generation-linked subsidy entitlements. Track state-wise incentive schemes with eligibility monitoring. Deadline alerts for claim submission.

📊

Lender Reporting

Multi-plant financial dashboards for term lenders. DSRA monitoring. Debt service coverage ratios. Cash flow waterfall per lender agreement.

Step-by-step workflow

1
Import generation data from SCADA systems
2
Match to DISCOM meter readings and generate PPA invoices
3
Track DISCOM receivables with aging dashboard
4
Process O&M vendor payments with site allocation
5
Calculate subsidy entitlements and file claims
6
Generate lender reporting packages
"

We recovered ₹4.2 Cr in unclaimed state subsidies in the first year. The deadline tracking alone justified the entire platform cost.

- CFO, 200MW Solar Developer

Everything activated for this industry

Invoicing
Receivables
Vendor Payments
Compliance
Analytics
Treasury
Lender Reports
REC
Yes Bank ★
IDFC First Bank ★
RBL Bank ★
SBI
ICICI Bank
Bank of Baroda
PNB
HDFC Bank
Bandhan Bank
AU Small Finance Bank

★ Deep Integration Partners - Direct API connectivity

Get an industry demo for Energy

We'll show you exactly how SpacePe works for your specific use case.

Book Industry Demo →