Central Government launches Surplus Power Portal (PUShP) 

New Delhi: Union Power Minister R.K. Singh says, PUShP part of strategy to ensure availability of adequate power during summer months; will ensure better utilization of capacity at a reasonable rate. No Power Producer would be allowed to charge exorbitant prices: The Central Government has launched a High Price Day Ahead Market and Surplus Power Portal (PUShP) – an initiative to ensure greater availability of power during the peak demand season. Union Power & NRE Minister R.K. Singh launched the portal at a virtual function in New Delhi in presence of over 200 stakeholders from state governments and the power sector.   Last year the Ministry of Power after taking note of the fact that on some days the prices in the electricity exchange had gone upto Rs.20, had given directions to the CERC to put a price cap of Rs.12 on the exchange, so that there is no profiteering. This year it is expected that the demand will be much higher than last year therefore, the gas-based plants and the imported coal-based plants will need to be scheduled.