The "SHAKTI policy" was recently in the news. Consider the following statements regarding the revised SHAKTI policy 2025:

Statement 1: SHAKTI stands for Scheme for Harnessing and Allocating Koyala Transparently in India.

Statement 2: The original SHAKTI policy was first introduced in 2017.

Statement 3: The policy mandates a long-term Power Purchase Agreement (PPA) for all power producers to be eligible for coal linkages under both windows.

Which of the above statements is/are CORRECT?

1
Only Statement 2 and 3
2
Only Statement 1 and Statement 2
3
Only Statement 3
4
All Statements 1, 2, and 3

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