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Dr Rajendra K Pachauri, Director-General, TERI, feels India needs to put its energy sector under a single ministry and do away with energy subsidies. Also, a single regulator is required to rationalise energy prices and costs. He acknowledges that the challenge lies in reducing our reliance on coal and finding ways to eliminate carbon emissions. Pachauri, who is serving as the chairperson of the IPCC since 2002 and had been awarded the Nobel Peace Prize in 2007, discusses a gamut of Green issues in a free-wheeling interview.
The July 2014 issue also reports the lack of response from India Inc. for competitive bidding of new coal blocks, and the increase in Indias proven coal reserves to 125 bn tons, as per GSIs 2014 estimates. Also find regular sections including Interview, Coal Market Fundaments, Corporate Updates, Expert Speak, Port Data and get a complete insight into the Indian coal industry.