COAL SALE POLICY TO BE SIMPLE, TRANSPARENT AND CUSTOMER FRIENDLY
In view of the
liberalized and deregulated economy, Coal India Limited is formulating
a sales policy which will be simple, transparent and customer
friendly. With increased customer satisfaction, the coal industry
is likely to grow faster. Besides being beneficial to the customers
it will also be beneficial for CIL and therefore would serve the
larger interest of coal industry in the long run
In
the
existing
policy,
different basic prices are charged for
different collieries and different grades of coal uniformly
for all consumers.
The price
and distribution of all grades of coal have been deregulated with
effect from January 1, 2000. In the deregulated scenario, CIL
is in the process of formulating and
implementing new sales policy, primarily in respect of non-core
sector. Pricing will be a part of the new sales policy. Pricing
mechanism is proposed to be flexible and may vary from one colliery
to another for a particular grade of coal.
Coal
companies have
also addressed
State Government/Sponsoring
authorities to varify the status of the
existing linked consumers of the non-core sector, so that non
-existing or non-operating units are weeded out. The above was
stated by Minister of State for Coal and Mines Shri Ravi Shankar
Prasad in a written reply today in the Lok Sabha
