Constitution of a Coal regulator will help in facilitating private investment in the sector, a top power company official said.
“If a private sector comes in the coal sector, unless there is a regulator, it is not too sure about what kind of returns it will get,” NTPC CMD Arup Roy Choudhury told reporters at an event here today.
He said the regulator has helped in attracting investments in the power sector.
“We have a regulator and private sector has come in abundance in the sector,” he said.
Choudhury added if something on these lines is initiated now, the results will start showing in the next 4-5 years.
“It is a challenge to give reliable and affordable power,” he added.