The Power Ministry today said it has asked the Coal Ministry to set aside coal for power projects before allowing e-auctions of the raw material.
“e-auction should be resorted to after they (producers) meet the requirement of the power sector,” the Power Secretary, Mr P. Uma Shankar, told presspersons here.
The Coal Secretary, he said, has assured that Coal India will be able to spare coal, provided the developer picks it up from the pit head.
Around 10 per cent of the total production of Coal India is sold through e-auctions.
Mr Shankar said the Coal and Power Ministries would meet soon, though he refused to give details on the issues that will be discussed at the meeting.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.