R K Singh launches portal to ensure availability of power during peak demand season at high price

Union Power Minister R K Singh has launched a High Price Day Ahead Market (HP-DAM) and Surplus Power Portal (PUShP) to ensure greater availability of power during the peak demand season at a price higher than the ceiling of Rs 12 per unit by certain category of sellers. Earlier in February, CERC had approved the HP-DAM segment where power can be sold at a price as high as Rs 50 per unit.

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