The Ministry of Coal has set up a Committee today under the Chairmanship of Joint Secretary &Financial Advisor comprising of representatives from NTPC, IOCL, PGCIL and Director (T), ECL as member secretary for review and benchmarking the timelines in project execution including tendering process by examining tenders having value of more than Rs.300 crores of CIL, its subsidiaries and other PSUs.
The above Committee has been set up with a view to suggest a robust and efficient set of timelines and whether statutory clearances may be obtained prior to issuing tender.