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

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..