+
KSEB Cleared to Procure 500 MW Power Under SHAKTI Scheme
POWER & RENEWABLE ENERGY

KSEB Cleared to Procure 500 MW Power Under SHAKTI Scheme

The Kerala State Electricity Board (KSEB) has received regulatory clearance to initiate the bidding process for the procurement of 500 megawatts (MW) of round-the-clock (RTC) power, using coal allocated under the central government’s SHAKTI scheme. The Kerala State Electricity Regulatory Commission (KSERC) has approved several key deviations proposed by KSEB in the model bidding documents issued by the Union Power Ministry.

These deviations pertain to the request for qualification, request for proposal, and power supply agreement, enabling KSEB to proceed with the tendering process for long-term power procurement over 25 years.

The coal linkage was granted to Kerala last year under Part B (iv) of the Ministry of Coal’s SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) programme, which provides for fresh coal allocations to States for new power purchase agreements. Kerala has secured coal from the IB Field and Talcher Field, both operated by Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd.

Earlier this year, the State government approved the appointment of Central public sector undertaking PFC Consulting Ltd (PFCCL) as the transaction advisor for managing the procurement process. The major deviations approved by KSERC include changes to the delivery point of power, minimum capacity requirements, the payment security mechanism, the fuel supply agreement, and the method for calculating fixed charges.

With this regulatory green light, KSEB can now move ahead with securing long-term RTC power, enhancing the State’s energy security and supporting stable electricity supply for consumers across Kerala.


The Kerala State Electricity Board (KSEB) has received regulatory clearance to initiate the bidding process for the procurement of 500 megawatts (MW) of round-the-clock (RTC) power, using coal allocated under the central government’s SHAKTI scheme. The Kerala State Electricity Regulatory Commission (KSERC) has approved several key deviations proposed by KSEB in the model bidding documents issued by the Union Power Ministry.These deviations pertain to the request for qualification, request for proposal, and power supply agreement, enabling KSEB to proceed with the tendering process for long-term power procurement over 25 years.The coal linkage was granted to Kerala last year under Part B (iv) of the Ministry of Coal’s SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) programme, which provides for fresh coal allocations to States for new power purchase agreements. Kerala has secured coal from the IB Field and Talcher Field, both operated by Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd.Earlier this year, the State government approved the appointment of Central public sector undertaking PFC Consulting Ltd (PFCCL) as the transaction advisor for managing the procurement process. The major deviations approved by KSERC include changes to the delivery point of power, minimum capacity requirements, the payment security mechanism, the fuel supply agreement, and the method for calculating fixed charges.With this regulatory green light, KSEB can now move ahead with securing long-term RTC power, enhancing the State’s energy security and supporting stable electricity supply for consumers across Kerala.

Related Stories

Gold Stories

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code