Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805075a8eb28-trace').style.display = (document.getElementById('cakeErr6805075a8eb28-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6805075a8eb28-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805075a8eb28-code').style.display = (document.getElementById('cakeErr6805075a8eb28-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805075a8eb28-context').style.display = (document.getElementById('cakeErr6805075a8eb28-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6805075a8eb28-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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-Outlook
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&lt;br /&gt;
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&lt;div style=&quot;text-align: justify&quot;&gt;
Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:
&lt;/div&gt;
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&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* Should the government allow the private sector into coal mining?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.
&lt;/div&gt;
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&lt;br /&gt;
&lt;/div&gt;
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&lt;em&gt;* What is your assessment of the government&amp;rsquo;s policy for coal block allocation?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy
&lt;/div&gt;
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is not flawed.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* The CAG report says the allottee companies received a financial windfall. Your take?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&amp;rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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&lt;em&gt;* Do you mean to say that the power companies should be kept out of &amp;nbsp;auctions?&lt;/em&gt;
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&lt;br /&gt;
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To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &amp;lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.
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&amp;nbsp;
&lt;/div&gt;
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&lt;em&gt;Outlook, 10 September, 2012,&amp;nbsp;&lt;a href=&quot;http://outlookindia.com/article.aspx?282122&quot;&gt;http://outlookindia.com/article.aspx?282122&lt;/a&gt;&lt;/em&gt;&amp;nbsp;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-Outlook&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;* Should the government allow the private sector into coal mining?&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;* What is your assessment of the government&amp;rsquo;s policy for coal block allocation?&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;is not flawed.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;* The CAG report says the allottee companies received a financial windfall. Your take?&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&amp;rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;* Do you mean to say that the power companies should be kept out of &amp;nbsp;auctions?&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &amp;lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;Outlook, 10 September, 2012,&amp;nbsp;&lt;a href=&quot;http://outlookindia.com/article.aspx?282122&quot; title=&quot;http://outlookindia.com/article.aspx?282122&quot;&gt;http://outlookindia.com/article.aspx?282122&lt;/a&gt;&lt;/em&gt;&amp;nbsp;&lt;/div&gt;&#039;,
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-Outlook
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* Should the government allow the private sector into coal mining?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* What is your assessment of the government&amp;rsquo;s policy for coal block allocation?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
is not flawed.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* The CAG report says the allottee companies received a financial windfall. Your take?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&amp;rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* Do you mean to say that the power companies should be kept out of &amp;nbsp;auctions?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &amp;lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;Outlook, 10 September, 2012,&amp;nbsp;&lt;a href=&quot;http://outlookindia.com/article.aspx?282122&quot;&gt;http://outlookindia.com/article.aspx?282122&lt;/a&gt;&lt;/em&gt;&amp;nbsp;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG...&#039;
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Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG..."/>
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                <strong>Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee</strong></h1>
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                <div style="text-align: justify">-Outlook</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* Should the government allow the private sector into coal mining?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* What is your assessment of the government&rsquo;s policy for coal block allocation?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy</div><div style="text-align: justify">is not flawed.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* The CAG report says the allottee companies received a financial windfall. Your take?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* Do you mean to say that the power companies should be kept out of &nbsp;auctions?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>Outlook, 10 September, 2012,&nbsp;<a href="http://outlookindia.com/article.aspx?282122" title="http://outlookindia.com/article.aspx?282122">http://outlookindia.com/article.aspx?282122</a></em>&nbsp;</div>               </font>
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-Outlook
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Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:
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&lt;br /&gt;
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&lt;em&gt;* Should the government allow the private sector into coal mining?&lt;/em&gt;
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There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.
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&lt;em&gt;* What is your assessment of the government&amp;rsquo;s policy for coal block allocation?&lt;/em&gt;
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There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy
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is not flawed.
&lt;/div&gt;
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&lt;br /&gt;
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&lt;em&gt;* The CAG report says the allottee companies received a financial windfall. Your take?&lt;/em&gt;
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&lt;br /&gt;
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National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&amp;rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.
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But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.
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&lt;em&gt;* Do you mean to say that the power companies should be kept out of &amp;nbsp;auctions?&lt;/em&gt;
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To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &amp;lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.
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&amp;nbsp;
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&lt;em&gt;Outlook, 10 September, 2012,&amp;nbsp;&lt;a href=&quot;http://outlookindia.com/article.aspx?282122&quot;&gt;http://outlookindia.com/article.aspx?282122&lt;/a&gt;&lt;/em&gt;&amp;nbsp;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG...&#039;,
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Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:
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&lt;em&gt;* Should the government allow the private sector into coal mining?&lt;/em&gt;
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There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.
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&lt;em&gt;* What is your assessment of the government&amp;rsquo;s policy for coal block allocation?&lt;/em&gt;
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There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy
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is not flawed.
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&lt;em&gt;* The CAG report says the allottee companies received a financial windfall. Your take?&lt;/em&gt;
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National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&amp;rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.
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&lt;br /&gt;
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But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.
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&lt;em&gt;* Do you mean to say that the power companies should be kept out of &amp;nbsp;auctions?&lt;/em&gt;
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To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &amp;lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.
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&amp;nbsp;
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&lt;em&gt;Outlook, 10 September, 2012,&amp;nbsp;&lt;a href=&quot;http://outlookindia.com/article.aspx?282122&quot;&gt;http://outlookindia.com/article.aspx?282122&lt;/a&gt;&lt;/em&gt;&amp;nbsp;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG...&#039;
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                <strong>Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee</strong></h1>
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                <div style="text-align: justify">-Outlook</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* Should the government allow the private sector into coal mining?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* What is your assessment of the government&rsquo;s policy for coal block allocation?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy</div><div style="text-align: justify">is not flawed.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* The CAG report says the allottee companies received a financial windfall. Your take?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* Do you mean to say that the power companies should be kept out of &nbsp;auctions?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>Outlook, 10 September, 2012,&nbsp;<a href="http://outlookindia.com/article.aspx?282122" title="http://outlookindia.com/article.aspx?282122">http://outlookindia.com/article.aspx?282122</a></em>&nbsp;</div>               </font>
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		&#039;title&#039; =&gt; &#039;Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee&#039;,
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-Outlook
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* Should the government allow the private sector into coal mining?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* What is your assessment of the government&amp;rsquo;s policy for coal block allocation?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
is not flawed.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* The CAG report says the allottee companies received a financial windfall. Your take?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&amp;rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* Do you mean to say that the power companies should be kept out of &amp;nbsp;auctions?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &amp;lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;Outlook, 10 September, 2012,&amp;nbsp;&lt;a href=&quot;http://outlookindia.com/article.aspx?282122&quot;&gt;http://outlookindia.com/article.aspx?282122&lt;/a&gt;&lt;/em&gt;&amp;nbsp;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-Outlook&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;* Should the government allow the private sector into coal mining?&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;* What is your assessment of the government&amp;rsquo;s policy for coal block allocation?&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;is not flawed.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;* The CAG report says the allottee companies received a financial windfall. Your take?&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&amp;rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;* Do you mean to say that the power companies should be kept out of &amp;nbsp;auctions?&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &amp;lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;Outlook, 10 September, 2012,&amp;nbsp;&lt;a href=&quot;http://outlookindia.com/article.aspx?282122&quot; title=&quot;http://outlookindia.com/article.aspx?282122&quot;&gt;http://outlookindia.com/article.aspx?282122&lt;/a&gt;&lt;/em&gt;&amp;nbsp;&lt;/div&gt;&#039;,
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	&#039;title&#039; =&gt; &#039;Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-Outlook
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* Should the government allow the private sector into coal mining?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* What is your assessment of the government&amp;rsquo;s policy for coal block allocation?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
is not flawed.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* The CAG report says the allottee companies received a financial windfall. Your take?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&amp;rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;* Do you mean to say that the power companies should be kept out of &amp;nbsp;auctions?&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &amp;lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;Outlook, 10 September, 2012,&amp;nbsp;&lt;a href=&quot;http://outlookindia.com/article.aspx?282122&quot;&gt;http://outlookindia.com/article.aspx?282122&lt;/a&gt;&lt;/em&gt;&amp;nbsp;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG...&#039;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG..."/>
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                <strong>Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee</strong></h1>
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                <div style="text-align: justify">-Outlook</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* Should the government allow the private sector into coal mining?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* What is your assessment of the government&rsquo;s policy for coal block allocation?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy</div><div style="text-align: justify">is not flawed.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* The CAG report says the allottee companies received a financial windfall. Your take?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* Do you mean to say that the power companies should be kept out of &nbsp;auctions?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>Outlook, 10 September, 2012,&nbsp;<a href="http://outlookindia.com/article.aspx?282122" title="http://outlookindia.com/article.aspx?282122">http://outlookindia.com/article.aspx?282122</a></em>&nbsp;</div>               </font>
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-Outlook
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<div style="text-align: justify">
<br />
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Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:
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<br />
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<em>* Should the government allow the private sector into coal mining?</em>
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<br />
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There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.
</div>
<div style="text-align: justify">
<br />
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<em>* What is your assessment of the government&rsquo;s policy for coal block allocation?</em>
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<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy
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<div style="text-align: justify">
is not flawed.
</div>
<div style="text-align: justify">
<br />
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<em>* The CAG report says the allottee companies received a financial windfall. Your take?</em>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.
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<div style="text-align: justify">
<br />
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But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.
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<em>* Do you mean to say that the power companies should be kept out of &nbsp;auctions?</em>
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<br />
</div>
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To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.
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&nbsp;
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<em>Outlook, 10 September, 2012,&nbsp;<a href="http://outlookindia.com/article.aspx?282122">http://outlookindia.com/article.aspx?282122</a></em>&nbsp;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG...',
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-Outlook
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<div style="text-align: justify">
<br />
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<div style="text-align: justify">
Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
<em>* Should the government allow the private sector into coal mining?</em>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
<em>* What is your assessment of the government&rsquo;s policy for coal block allocation?</em>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy
</div>
<div style="text-align: justify">
is not flawed.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
<em>* The CAG report says the allottee companies received a financial windfall. Your take?</em>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
<em>* Do you mean to say that the power companies should be kept out of &nbsp;auctions?</em>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
<em>Outlook, 10 September, 2012,&nbsp;<a href="http://outlookindia.com/article.aspx?282122">http://outlookindia.com/article.aspx?282122</a></em>&nbsp;
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-Outlook





Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG...'
$disp = '<div style="text-align: justify">-Outlook</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts:</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* Should the government allow the private sector into coal mining?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* What is your assessment of the government&rsquo;s policy for coal block allocation?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy</div><div style="text-align: justify">is not flawed.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* The CAG report says the allottee companies received a financial windfall. Your take?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India&rsquo;s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>* Do you mean to say that the power companies should be kept out of &nbsp;auctions?</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing &lsquo;Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>Outlook, 10 September, 2012,&nbsp;<a href="http://outlookindia.com/article.aspx?282122" title="http://outlookindia.com/article.aspx?282122">http://outlookindia.com/article.aspx?282122</a></em>&nbsp;</div>'
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Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee

-Outlook Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts: * Should the government allow the private sector into coal mining? There is plenty of coal for everyone. We are, at the moment, mining only one per cent of our 28 billion tonne reserve. CIL alone is not in a position to cope with the rising demand and hence there is no option but to allow the private sector into coal mining. A large part of our coal is used by power companies, many of whom are in the private sector. * What is your assessment of the government’s policy for coal block allocation? There is nothing wrong in the process of allocation with the recommendation of the state governments and the involvement of administrative ministries. The overall policy is not flawed. * The CAG report says the allottee companies received a financial windfall. Your take? National resources that are being used in pursuit of a social cause should not be measured in terms of profit. The country needs electricity for both its people and its industry. About 35 to 40 per cent of India’s population still does not have access to power. What is more, power tariffs are regulated and costs are taken into account. But there is a case for competitive bidding of coal blocks for companies producing steel and cement and similar products, which are sold for profit. The different users of coal should be treated differently and gains on end-product prices should be evaluated properly. * Do you mean to say that the power companies should be kept out of  auctions? To use the auction route for coal blocks for private power producers would only push up the cost of coal and make the end product costlier, thus defeating the purpose and stated objective of the government of providing ‘Power for All at an affordable price. The government should also enter into long term Power Purchase Agreements with private power companies to make the project viable.   Outlook, 10 September, 2012, http://outlookindia.com/article.aspx?282122