‘Nearing consensus on price pooling mechanism’

“The government is likely to come out with a clear view on the issue of coal pricing in about a fortnight's time and the matter was under ‘active consideration’ of the ministries of coal and power,” Srivastava said, while addressing a conference organized by the India Energy Forum here, adding that various parameters of price pooling were being considered.

Although hopeful on achieving the coal production target for the current Five-year Plan, he cautioned that the country would still need to import coal to meet the domestic fuel shortfall.