The Coal Regulatory Authority Bill, 2013, had been introduced in the Lok Sabha but it lapsed with the dissolution of the 15th Lok Sabha on May 18.
"The Coal Regulatory Authority Bill, 2013 that was introduced in the Lok Sabha has lapsed ... The proposal for re-introducing the same in the Lok Sabha is under consideration for further inter-ministerial consultations," Coal Minister Piyush Goyal said in a written reply to the Lok Sabha on Thursday.
He further said that after detailed consultations with various stake holders as well as concerned ministries or departments, the bill was approved by the competent authority  on June 27, last year, and the same was introduced in the Lok Sabha on December 13, 2013, to regulate and conserve resources in the coal sector, protect the interest of the consumers and producers of coal for the matter connected therewith.
The Integrated Energy Policy brought out by the Planning Commission, a Working Group on Coal and an Expert Committee on Road Map for reforms in the coal sector had recommended for an  independent regulator to make India a long-term player in the international market.


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