SHAKTI coal auction: Govt revises guidelines to improve coal supply
POWER & RENEWABLE ENERGY

SHAKTI coal auction: Govt revises guidelines to improve coal supply

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

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?