The Cabinet Committee on Economic Affairs (CCEA) approved a proposal under the Revised SHAKTI policy.
It aims to make more coal available to the thermal power plants belonging to the central sector and state sector, and Independent Power Producers (IPPs).
The SHAKTI policy was launched in 2018 to provide coal to stressed power units which lack coal supply.
SHAKTI stands for ‘Scheme for Harnessing Scheme for Harnessing and Allocating Koyala Transparently in India’.