India is to establish an independent regulator of the coal industry and encourage private investment in coal mines to ensure long-term energy supply security,reports David Hayes.While Indian energy companies continue to scour the globe for new oil and gas supplies,a government-backed expert committee on energy has called for the coal sector to come under independent regulation and for coal prices to be regulated through e-auctions and other market mechanisms to ensure development of a competitive market for the country's largest single energy source.
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