According to the Deputy Chairman of Montek Singh Ahluwalia, the Coal India should adopt a pooling formula on prices by combining the prices of imported and domestic coal to offset the impact of high import costs.
As said by him,
"As the import will get expensive, I suggest Coal India should adopt a 'coal pooling formula', which will propose to calculate pricing of
the material by mixing the imported and domestic coal,"
He further added that the state-owned coal utility needs to step up the supplies to power producers and should go for imports, in case of shortfall in domestic production.
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