The National Energy Policy has become critical for any country. The initiative by NITI Aayog to prepare a draft NEP (DNEP) is wholly welcome, as it comes at a critical juncture in India’s post-independence era. DNEP considers the energy scenario by 2040 whereas Integrated Energy Policy (IEP) of 2011 had done so for year 2031-32.
The Ministry of Coal has notified Coal Blocks Allocation Rules, 2017. The coal ministry has deferred indefinitely the fifth round of captive coal block auctions citing lack of demand from steel makers, despite a request from the steel ministry to continue the bidding for interested firms.
Releasing the Draft National Energy Policy, Centre’s think-tank Niti Aayog has recommended that the seven subsidiaries of India’s largest coal miner Coal India Ltd should be converted into independent companies and be allowed to compete against each other in the open market.