Cupboard Committee on Financial Affairs, chaired by PM Modi, accepted the revised SHAKTI coverage for coal allocation to the facility sector on seventh Could.
The revised coverage introduces two home windows:
- Window I: Coal linkage at a notified value for central/state gencos and their subsidiaries.
- Window II: Public sale-based coal linkage at a premium above the notified value for all home coal-based energy producers.
Window I continues the present mechanism the place coal is allotted to state and central sector thermal vegetation on the Ministry of Energy’s suggestion. States can use this coal for their very own energy era firms.
Window II permits producers with energy buy agreements or imported coal-based models to purchase coal for 12 months to 25 years and promote electrical energy freely.
The revised SHAKTI coverage simplifies the earlier eight allocation classes into two home windows, aligning with the benefit of doing enterprise initiative and addressing the dynamic coal wants of the facility sector.
The coverage helps brownfield enlargement, encourages greenfield thermal vegetation close to coal sources, and goals to cut back coal imports.
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