Tuesday, March 4, 2008

'The current market structure for coal has been skewed'

Why coal needed a regulator

Chennai, March 3 This year’s Budget proposes to institutionalise coal regulatory mechanism, which is a welcome step, says Mr Dipesh Dipu, Principal Consultant, PricewaterhouseCoopers.
“The debate on coal regulator has been continuing since long, which primarily focuses on the roles the regulator has to play in the industry,” he adds.
There exists a case for regulation of coal block allocation process, which needs to be made more objective and transparent, reasons Mr Dipu, in an e-mail exchange with Business Line, post-Budget.


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