Opening up of coal sector recommended

Opening up of coal sector recommended

 A high level panel on energy on Monday suggested to the government to open up the coal sector and upgrade state-run Coal India and its subsidiaries as a pre-requisite to scaling up domestic production of the dry fuel.

The Advisory Group for Integrated Development of Power, Coal, and Renewable Energy headed by Suresh Prabhu, also Union Railway Minister, in its final report submitted to Power and Coal Minister Piyush Goyal recommended steps  to enhance coal production in the short, medium and long term.

The panel suggested certain improvements in Coal India and its subsidiaries, including Central Mine Planning and Design Institute.

It also emphasised the need to open up the coal sector to supplement the domestic production of Coal India and a few other companies.
Besides, it suggested that the government provide coal linkages to power plants already commissioned and to be commissioned by March 2015.

The report called for expediting reforms in the distribution sector with targeted actions, including privatisation or PPP (public private partnership) in distribution apart from strengthening transmission network.

It also suggested an enhanced role as well as improvements in the working of the Central Electricity Authority, amendments to the Electricity Act, Tariff Policy and Standard Bidding Documents.

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