Ministry of Power has launched a scheme for procurement of aggregate power of 4500 MW for five years under SHAKTI Policy. The Ministry said that the scheme will help states that are facing power shortage and help generation plants to increase their capacities.
Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks
The last date for the bid submission is 21st December. It is for the first time that bidding is being carried out under B(v) of SHAKTI scheme. PFC Consulting Limited has been designated as the nodal agency. It has invited bids for the supply of 4,500 MW electricity. The supply will commence from April next year.
The utilities that have shown interest for the scheme are Gujarat Urja Vikas Nigam Ltd, Maharashtra State Electricity Distribution Company Ltd, Madhya Pradesh Power Management Company Ltd, New Delhi Municipal Corporation and Tamil Nadu Generation and Distribution Corporation Ltd.
SHAKTI, or Scheme for Harnessing and Allocating Koyala Transparently in India, was launched in 2018 to provide coal to stressed power units which lack coal supply. This scheme is expected to help the states that are facing power shortage and also help generation plants to increase their capacities.
The Ministry of Power had notified the Guidelines for procurement of power on Finance, Own and Operate (FOO) basis under para B (v) of the SHAKTI Policy on 25th October 2022. The methodology for coal allocation as per provisions of Para B (v) of SHAKTI policy was issued on 11th May, 2022.
Find More News Related to Schemes & Committees
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
Did you know that one district in Uttar Pradesh is famous for its advanced hospitals…
Did you know that there was a time when girls in India were not allowed…
At India AI Impact Summit 2026, the Gujarat government signed a Memorandum of Understanding (MoU)…
Union Health Minister Jagat Prakash Nadda launched the indigenously manufactured Tetanus and Adult Diphtheria (Td)…
Did you know that one small island became famous across the world because of a…