High-Price Day Ahead Market and Surplus Power Portal (PUShP) portal

August 11, 2023

The National Power Committee (NPC) has asked States to provide suggestions for offering incentives to buyers and sellers on the surplus power portal, PUSHp, to encourage wider participation, which has been found missing.

The portal is a national-level generating capacity utilisation mechanism to help States, which are facing power cuts, buy power.
The tariffs are regulated and determined by the concerned regulatory commissions.
PUSHp portal, which was launched in March 2023 and began power transactions on April 3, has seen 17 States utilising it.
So far, 14 requests have been processed and the power has been reallocated to the new beneficiaries.
Working
- DISCOMs have tied up long term PPAs (power purchase agreement) for power supply and have to pay fixed charges even when they do not schedule the power.
- The DISCOMs will be able to indicate their surplus power in block times / days / months on portal.
- DISCOMs in need of power will be able to requisition the surplus power.
- The new buyer pays both variable charge (VC) and fixed cost (FC) as determined by Regulators.

This will reduce the fixed cost burden on DISCOMs, and enable the available generation capacity to be utilized optimally.

There is a lack of participation from the States of northern region (NR), eastern region (ER) and limited requisition to avail the surplus power available on the portal from all regions.