Govt launched new scheme to procure 4,500 MW electricity
New Delhi, Nov 28: The Power Ministry has launched a scheme for the procurement of 4,500 MW of aggregate electricity for a period of five years.
The provision of procurement of electricity would be conducted under the ministry’s Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI) policy.
“Ministry of Power kicks off a scheme for procurement of aggregate power of 4,500 MW on a competitive basis for five years on finance, own and operate (FOO) basis under SHAKTI Policy,” a statement issued by the Power Ministry said.
PFC Consulting Ltd, a wholly-owned subsidiary of Power Finance Corporation (PFC Ltd), has been made the nodal agency by the power ministry for the scheme.
Under the scheme, PFC Consulting Ltd has invite...