SHAKTI Scheme Flashcards
(8 cards)
SHAKTI full form
Scheme for Harnessing and Allocating Koyala Transparently in India
aim
to streamline coal allocation to the power sector, enhancing transparency and flexibility to meet both long-term and short-term coal requirements
SHAKTI policy was introduced in ______ to implement a more transparent way of allocation of coal
linkages through an auction / tariff-based bidding.
2017
The Cabinet Committee on Economic Affairs (CCEA) chaired by the PM Narendra Modi, approved the _________ Policy to streamline coal allocation to the power sector, enhancing transparency and flexibility to meet both long-term and short-term coal requirements.
Revised SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India)
The revised SHAKTI Policy, besides supporting Brownfield expansion, will promote setting up of _______ Projects primarily at pithead sites i.e. nearer to the coal source.
- Under the revised SHAKTI policy, fresh coal linkages have been sanctioned for thermal power plants (TPPs) across the central and state sectors, as well as for independent power producers (IPPs).
Greenfield Thermal Power
The existing SHAKTI policy has ____ paras for coal allocation, which have now been mapped to two windows
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Window-I (coal at notified price):
i. Existing mechanism for grant of coal linkage to Central Sector Thermal Power Projects (TPPs) including Joint Ventures (JVs) and their subsidiary to continue.
ii. Coal linkages to be allocated to States and to an agency authorized by group of States as per existing mechanism, on the recommendation of Ministry of Power.
iii. Coal linkage earmarked to States may be utilized in their own plants or give it to Independent Power Producers (IPPs), who are identified through Tariff Based Competitive Bidding (TBCB) or existing IPPs having Power Purchase Agreement (PPA) under Section 62 of the ________.
Note: Coal linkage is like a long-term contract that ensures steady and assured coal supply to industries or power plants.
Electricity Act, 2003
Window-II (premium over notified price):
i. Any domestic coal-based power producer (having PPA or not having PPA) and also Imported coal-based power plants can secure coal on auction basis for a period up to 12 months or for the period of more than 12 months upto _____ 25 years by paying premium above the notified price and providing the power plants the flexibility to sell the electricity as per their choice.
iii. Directions would be issued to Coal India Limited (CIL)/ Singareni Collieries Company Limited (SCCL) for implementation of the aforesaid decisions.
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