Cabinet approves Revised SHAKTI Policy for Coal Allocation to Power Sector
May 07th, 12:07 pm
The Cabinet Committee on Economic Affairs chaired by PM Modi has approved revised SHAKTI policy to grant fresh coal linkages to Thermal Power Plants of Central Sector/State Sector/ Independent Power Producers. With the introduction of SHAKTI Policy, 2017, there was a paradigm shift of coal allocation mechanism from a nomination-based regime to a more transparent way of allocation of coal linkages through an auction / tariff-based bidding.