Govt already preparing Bill to institutionalise a sector monitor to decide prices, standards not fast enough, suggests Shinde to Jaiswal

Amid the controversy over Coal India Ltd’s (CIL) signing of fuel supply agreements (FSAs) with power companies, the Union power ministry has demanded quick action on a regulator for the coal sector, to decide on allotment and pricing issues, including whether to go ahead with the gross calorific value (GCV) pricing system or not.