Corporatise 7 Coal India subsidiaries as independent firms: NITI Aayog

NITI Aayog has batted for comprehensive reforms in allocating coal blocks on commercial lines

Estimating 100 per cent energy access by 2040 when independent India turns 100, government’s think tank NITI Aayog has enlisted several measures to achieve energy security with dynamic market for the same. It has also estimated that a record increase and dependence over renewable energy along with enhanced focus on energy efficiency would transform the Indian energy market.

In its Draft National Energy Policy, one of the major suggestions made is to corporatise the seven existing subsidiaries of the national miner Coal India Limited (CIL) to foster more competition and improve coal supply efficiencies.

“We must corporatise the seven subsidiaries