Power and coal sectors headed for chaos
More than a year after Prime Minister Manmohan Singh stepped in to resolve the policy logjam and fuel shortages impacting power and coal sectors’ performance, the two key infrastructure sectors seem to be headed for legal tangles. Uncertainty over coal supplies for projects, method and pricing of costly imports, scope of regulatory intervention and multiplicity of policy amendments required to enable bridging the fuel gap are set to emerge as major challenges for the sectors.
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