Setting up of Independent Regulator for Coal Sector

After detailed consultations with various stake holders as well as concerned Ministries/Departments, the Coal Regulatory Authority Bill, 2013 was approved by the competent authority on 27.06.2013 and the same was introduced in the Lok Sabha on 13.12.2013, to regulate and conserve resources in the coal sector, protect the interest of consumers and producers of coal and for matters connected therewith. This was stated by Sh. Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a written reply to a question in the Lok Sabha today.