India Approves Revised SHAKTI Policy to Streamline Coal Allocation
| Aspect | Details |
|---|---|
| Event | Revised SHAKTI Policy approved by CCEA |
| Date | May 7, 2025 |
| Chaired by | Prime Minister Narendra Modi |
| Objective | Streamline coal allocation, enhance energy security, boost private sector participation |
| Key Features | Two-window system: Window-I (Notified Price), Window-II (Premium Price) |
| Window-I | Coal linkage for Central Sector TPPs, State Gencos, IPPs under TBCB, existing IPPs with PPA |
| Window-II | Open to all domestic/imported coal-based plants, no PPA required, freedom to sell in power markets |
| Implementation | Coal India Ltd (CIL) and Singareni Collieries Company Ltd (SCCL) |
| Empowered Committee | Secretary (Power), Secretary (Coal), Chairperson, Central Electricity Authority (CEA) |
| Major Benefits | Simplifies policy, facilitates coal demand management, enables new capacity addition, encourages coal import substitution, promotes Pithead power plants, enhances linkage rationalization, allows surplus power sale |
| Financial Impact | No additional expenditure on coal companies |
| Background | SHAKTI Policy launched in 2017, amended in 2019 and 2023, revised in 2025 |