Context:
Cabinet approves Revised SHAKTI policy for coal allocation to power sector
Revised SHAKTI Policy:
- Objective: Addresses evolving coal requirements in the power sector while minimizing reliance on imports.
- Streamlined Allocation: Reduces previous eight categories to two simplified mechanisms, easing operations for thermal power plants.
- Window-I: Maintains coal linkages at notified prices for government-owned thermal plants, including joint ventures and subsidiaries.
- Window-II: Expands access to all thermal producers (domestic and imported coal users) via auction, with a premium over notified prices.
- Removal of PPA Mandate: Eliminates mandatory Power Purchase Agreements (PPAs) for Window-II, promoting private sector engagement.
- Flexible Auction Periods: Enables procurement for varying durations, from short-term (up to 12 months) to long-term (up to 25 years).
- Preference for ‘Pithead’ Plants: Encourages Greenfield Thermal Power Projects near coal sources to enhance efficiency.
Source: BS
Previous Year Question
In India, what is the role of the Coal Controller’s Organization (CCO)?
1. CCO is the major source of Coal Statistics in Government of India.
2. It monitors progress of development of Captive Coal/Lignite blocks.
3. It hears any objection to the Government’s notification relating to acquisition of coal – bearing areas. 4. It ensures that coal mining companies deliver the coal to end users in the prescribed time.
Select the correct answer using the code given below:
[UPSC Civil Service Exam – 2022 Prelims]
(a) 1, 2 and 3
(b) 3 and 4 only
(c) 1 and 2 only
(d) 1, 2 and 4
Answer: (a)
Explanation:
Statement 4 is not correct: Ensuring that coal mining companies deliver the coal to end users in the prescribed time is not the function of the Coal Controller’s Organization (CCO)