Coal India asks for a coal regulator


Coal India asks for a coal regulator

India needs a coal regulator in the line of TRAI or CEA especially since the sector is being opened up to foreign investment and commercial mining is being allowed, M K Singh, technical secretary to Coal India chairman, said at mjunction organised 13th Coal Conference in Kolkata on Tuesday.

“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,” Singh said.

The world’s largest coal producer is closely observing interests from overseas and private sector following government announcement of allowing 100% foreign direct investment in Coal he said.

In wake of opening up of coal sector for foreign direct investment and allowing commercial mining the coal ministry is framing a National Coal Index Singh said. Read More

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