New Energy Policy – Coal

For increasing coal production & competitive coal pricing, the NITI Aayog in its draft National Energy Policy (NEP) has said that Coal India Ltd (CIL) should be split into seven units, and the government should allow commercial mining by private companies. Terming the present pricing system of coal as Opaque Coal Economy, it has also suggested that CIL should not discriminate between sectors and price coal reflecting the cost of production. It has noted that the present price of supply by CIL is very high.