According to the Union cabinet, Shakti -- Scheme for Harnessing and Allocating of Koyala (coal) Transparently in India -- has been envisaged to make optimal allocation of the natural resource across power units.
"Allocation of linkages for power sector shall be based on auction of linkages or through Power Purchase Agreement (PPA) based on competitive bidding of tariffs, except for the state and the central power generating companies and the exceptions provided in Tariff Policy, 2016," an official statement said.
"Approved framework ensures that all projects with linkages are supplied coal as per their entitlement; ensures rights of coal supplies for FSA holders and signing of FSA with LoA holders."
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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