In its Draft National Energy Policy, Niti Aayog had suggested splitting of Coal India Ltd (CIL)’s subsidiaries. It said, “In the medium to long run, it is essential that we move away from this opaque coal economy and introduce greater competition in it. This requires two key steps. First, we must corporatize the seven subsidiaries of CIL into independent companies and allow them to compete against one another in an open coal market.”
