No nod from CIL for pooling of coal prices
16 Dec 2014
December 16: Coal India Ltd (CIL) has not given its nod for pooling the price of domestic and imported coal, a government official said.
“CIL has not given nod for pooling the price of domestic and imported coal,” Coal Minister Piyush Goyal said in a written reply in Rajya Sabha.
A member had raised the question and wanted to know whether the price-pooling mechanism may lead to an increase in average price of fuel leading to a hike in electricity costs.