India has given the go-ahead for the creation of a regulator for the country’s coal sector. “The Cabinet Committee on Economic Affairs has given [the] nod to the proposal to set up [a] coal regulator through an executive order,” Press Trust of India quoted a senior minister as saying Thursday. Coal minister Sriprakash Jaiswal had informed Parliament last week the regulator would be set up by executive order “as enactment of legislation would take some time,” Press Trust reports. The bill is pending but the current session of Parliament is the last before a general election likely to take place in April and May. Nearly 70 percent of India’s electricity is generated by coal. “India’s coal-centered energy landscape will not change dramatically over the next 30 years,” the International Energy Agency stated in a 2012 report. India’s Ministry of Power estimates 62 gigawatts […]