By the end of this month, the panel headed by BK Chaturvedi to look into the possibility of utilisation of surplus coal from captive mines by power utilities, will submit its report to the Union Coal Ministry. The panel is looking at utilising surplus coal by creating a bank or a common pool that will supply the fuel to the power utilities.
Chaturvedi said that Coal India is also a member of the committee and will be consulted before finalising the report. Coal imports by Indian companies had touched a record of 137.56 million tonne last fiscal to meet the shortfall, despite meeting the 97 per cent domestic supply target at 557.70 million tonne.
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