India’s Coal Ministry to Seek Softer Green Rules to Boost Output

  • Coal ministry wants relaxation in rules for expanding capacity
  • Costly imports pushing up demand for local coal, ministry says

Coal Minister Pralhad Joshi

Photographer: Anindito Mukherjee/Bloomberg
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India’s coal ministry will probably seek looser rules for expanding coal capacity, in a bid to boost local supplies and help guard against high global prices.

The ministry is likely to approach environment officials for a “certain relaxation in norms so that overall coal production can be further increased,” it said in a statementBloomberg Terminal. Domestic demand has risen considerably amid a steep rally in seaborne prices, it said, citing Coal Minister Pralhad Joshi.