Shakti B(ii) is for power producers who have power purchase agreements with discoms but do not have coal supply contracts with Coal India.
Ten companies with a total capacity of 8,840 MW had taken part in the first round of auction but another five with a combined capacity of 407 MW could not participate.
Only these firms were allowed to bid in a second round of auctions, although the Shakti B(ii) auctions were initially intended to be a one-time process.
This decision evoked protests from the winners of the first round as they also wanted to bid. An official panel subsequently recommended a third auction for those who could not secure their total coal requirements in the first round. A group of ministers recently ratified the proposal.
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