Govt may regulate coal industry to improve supply

New Delhi: A ministerial group approved a draft bill on Wednesday to set up a coal regulator, the Coal Minister said, in a step towards better supervision of a sector that is the nation's main source of energy but is riddled with corruption and supply bottlenecks.

Coal Minister Sriprakash Jaiswal did not give more details of the powers the body will enjoy.

The bill must next be approved by the full cabinet and Parliament.