SHAKTI coal auction: Govt revises guidelines to improve coal supply

06 Sep 2021 CW Team

The scheme SHAKTI was launched in 2018 to cater for the stressed coal power units which have a shortage of coal.

In a meeting with the Association of Power Producers (APP) and the MoP, the representative body for the private gencos agreed on three separate window auctions for three months, six months, and one year.

According to a statement, to make coal available for a longer time, MoP will look into the duration of the auction, whether it can be extended further than one year. The Issue of the Bank Guarantee will also be examined if the time is extended beyond one year.

Earlier, a nearly 9,389 MW power capacity bid was held under the SHAKTI scheme. In February, private power firms had alleged that Coal India was offering less coal than needed.

In the bidding for medium-term PPAs for assets that do not have PPAs, around six projects received interest from four states to buy power at Rs 4.24 per unit for three years.

The MoP has asked private gencos to cooperate with the Centre-owned gencos when power is restricted to defaulting states. As per the statement, MoP suggested Internet Printing Protocols (IPPs) on a reciprocal basis not to derail the power regulation by the Central Gencos in case of the payment of dues by discoms.

APP to amend the Mega Power Policy, which MoP has taken up through inter-ministerial consultation.

The mega power policy is valid for projects over 1,000 MW of power, which was to expire on 31 March 2017. The Cabinet Committee on Economic Affairs (CCEA) extended it for five years and doubled the period to get the mega power certificate.

Image Source

Also read: Commercial coal auction: New players take lead in second phase

Also read: Govt gets bids for 19 coal mines in commercial mining auction

For making coal available to power plants that do not have any power purchase agreement (PPA), the Ministry of Power (MoP) has approved changes in the guidelines for the Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI). The scheme SHAKTI was launched in 2018 to cater for the stressed coal power units which have a shortage of coal. In a meeting with the Association of Power Producers (APP) and the MoP, the representative body for the private gencos agreed on three separate window auctions for three months, six months, and one year. According to a statement, to make coal available for a longer time, MoP will look into the duration of the auction, whether it can be extended further than one year. The Issue of the Bank Guarantee will also be examined if the time is extended beyond one year. Earlier, a nearly 9,389 MW power capacity bid was held under the SHAKTI scheme. In February, private power firms had alleged that Coal India was offering less coal than needed. In the bidding for medium-term PPAs for assets that do not have PPAs, around six projects received interest from four states to buy power at Rs 4.24 per unit for three years. The MoP has asked private gencos to cooperate with the Centre-owned gencos when power is restricted to defaulting states. As per the statement, MoP suggested Internet Printing Protocols (IPPs) on a reciprocal basis not to derail the power regulation by the Central Gencos in case of the payment of dues by discoms. APP to amend the Mega Power Policy, which MoP has taken up through inter-ministerial consultation. The mega power policy is valid for projects over 1,000 MW of power, which was to expire on 31 March 2017. The Cabinet Committee on Economic Affairs (CCEA) extended it for five years and doubled the period to get the mega power certificate. Image Source Also read: Commercial coal auction: New players take lead in second phase Also read: Govt gets bids for 19 coal mines in commercial mining auction

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..