Question
Download Solution PDFUnder which policy has the Union Ministry of Power launched a scheme for procurement of aggregate power of 4500 MW for five years?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Shakti Policy.Key Points
- Ministry of Power introduced a scheme for acquiring aggregate power of 4500 MW over five years under SHAKTI Policy.
- The purpose is to assist states experiencing power shortages and aid power generation plants in boosting their capacities.
- PFC Consulting Limited is the designated nodal agency responsible for the scheme's implementation.
- Invitations for bids have been extended to supply 4500 MW of electricity, with commencement planned for April of the following year.
- Interested utilities that have expressed intent include:
- Gujarat Urja Vikas Nigam Ltd
- Maharashtra State Electricity Distribution Company Ltd
- Madhya Pradesh Power Management Company Ltd
- New Delhi Municipal Corporation
- Tamil Nadu Generation and Distribution Corporation Ltd.
- Bid submission deadline is set for 21st December.
- This marks the first instance of bidding conducted under B(v) of the SHAKTI scheme.
- SHAKTI, short for Scheme for Harnessing and Allocating Koyala Transparently in India, was initiated in 2018.
- Its primary aim is to provide coal to power units facing supply challenges.
Last updated on Jul 12, 2025
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