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National Coal Regulator Needed – CIL

Coal News - Published on Thu, 19 Sep 2019

Image Source: m.economictimes.com
Economic Times reported that Mr MK Singh technical secretary to Coal India chairman at mjunction event said that "One thing we are missing is the National coal regulator for industry of such a size and such diversity. This is the time we should plan for a very strong coal regulator combining nitty-grities of all stakeholders.”

A high-powered panel in 2018 had recommended developing a Coal Index for determining the value of blocks and a revenue-sharing model with the states. Currently, the valuation is on the basis of the notified price of Coal India Ltd.

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Posted By : Rabi Wangkhem on Thu, 19 Sep 2019
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