Overview
- The Cabinet Committee on Economic Affairs has approved the Revised SHAKTI policy, introducing two coal linkage windows for thermal power plants.
- Window-I offers coal at notified prices for central and state sector power plants, continuing the existing allocation mechanism.
- Window-II allows all power producers, including those using imported coal, to bid for coal at a premium over notified prices for flexible tenures up to 25 years.
- The policy aims to meet rising electricity demand, projected to reach 277 GW in 2025-26, while reducing dependency on imported coal.
- Coal India Limited and Singareni Collieries Company Limited have been directed to implement the policy, ensuring efficient supply to power producers.