Govt to soon announce coal linkage, new tariff policies: Piyush Goyal

“In the coal sector, a lot of policies are being changed. The process (for coal linkage policy is underway). Both (the policies) are coming out very soon,” Coal & Power Minister Piyush Goyal said on Wednesday.

The Government will soon introduce a coal linkage policy to ensure supply of fossil fuel, besides a new tariff policy aimed at boosting regulatory mechanism for discoms and attracting investments.

“In the coal sector, a lot of policies are being changed. The process (for coal linkage policy is underway). Both (the policies) are coming out very soon,” Coal & Power Minister Piyush Goyal said on Wednesday.

On the Government's one billion tonnes coal production target, Goyal said “100 per cent, we will make one billion tonnes. May be more than that.”

He also denied that the Finance Ministry has raised concerns about the impact of UDAY - a bailout scheme for discoms - on the combined fiscal deficit of states and Centre.

“Every banker, both the ministers, junior and senior, have thanked me,” Goyal said.