 "Coal")
The Cabinet on Wednesday approved a long-awaited coal linkage policy, in a breather to the thermal power sector.
Named Shakti or the Scheme to Harness and Allocate Koyla (Coal) Transparently in India, it aims to auction long-term coal linkages to power companies. It is expected to revive 30,000 Mw of power plants in the country, which are awaiting fuel supply.
Major beneficiaries in the private sector are Reliance Power, Adani Power, Lanco Infratech, GMR Energy, DB Power, CESC and KSK Energy. With this policy, the government also aims to reduce dependence on imported coal.
The policy was languishing for over
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