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CCEA to decide on Coal Regulatory Authority Bill

The Cabinet Committee on Economic Affairs would decide on clearing the draft coal regulatory authority bill in a month as the bill received the approval of the Group of Ministers (GoM). The GoM, in its latest meeting, cleared the formation of an independent coal regulatory authority to monitor the sector. The draft bill will bring state-owned monopoly miner Coal India, which accounts for 81 percent of Indian coal production, in the

CM seeks more coal and gas for Andhra Pradesh

Andhra Pradesh Chief Minister N Kiran Kumar Reddy urged the union government to allocate more natural gas and coal in order to run power plants which are operating at low capacity owing to lack of fuel. He made the request for more coal and gas when he met Union Petroleum and Natural Gas Minister M Veerappa Moily, Minister of State Jyotiraditya Scindia and Defence Minister AK Antony recently

Proposed coal regulator may have only adjudicating power

The Group of Ministers (GoM) on setting up of the proposed coal regulator decided that the regulatory body would be empowered to resolve disputes including disputes arising out of fuel supply agreements (FSAs). However, the group decided not to give the power of fixing coal price to the proposed regulator. This was decided at a recent meeting of

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