Coal Ministry amends Shakti Policy to expand coal linkages and promote market transparency
Goverment Scheme
In a significant step towards reforms in the coal sector, the Coal Ministry has announced amendments to the Shakti Policy (a scheme for transparent exploitation and allocation of coal in India) without Power Purchase Agreements (PPAs). Power plants including private generators have been allowed. Coal linkage is to be given for a minimum of three months and maximum of one year. The amendment, which aims to promote a more transparent coal allocation mechanism, directs that the power generated through such linkages will be sold through power exchanges or through transparent bidding processes on the Discovery of Efficient Energy Price (DEEP) portal. Will be sold through. This methodology will be prepared by the Ministry of Power in consultation with the Ministry of Coal. product in power exchanges or in the short term through a transparent bidding process through the Efficient Energy Price Discovery (DEEP) portal. "The Ministry of Power will work out a methodology in this regard in consultation with the Coal Ministry," the Coal Ministry said in an official release.
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