Govt in talks to revamp SHAKTI policy for coal linkage process

The government is considering overhauling the Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) policy. Under the proposed changes, private electricity projects that signed power purchase agreements (PPAs) before May 17, 2017, may need to participate in auctions to secure coal linkage, which is priced higher than the notified price.