‘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.
“The coal sector would attain 8% growth in the 12th Plan as envisaged by the Planning Commission. Even if this level is reached, the country would be faced with a huge import bill,” the coal secretary said.
Be the first to comment.