CIL permits sale of surplus URS power on exchanges under revised SHAKTI policy

Coal India Limited (CIL) has permited the sale of unrequisitioned surplus (URS) power generated by thermal power plants using its linkage coal under long and medium term fuel supply agreements (FSAs) in the power markets and exchanges.

Earlier, power producers could sell such electricity only under power purchase agreements with no provision for market sale. Under the revised Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI) policy, CIL has removed this restriction and applied the changes to all existing and future long and medium-term FSAs.