The Cabinet Committee on Economic Affairs, on Tuesday, approved in-principle the averaging of prices of domestic and imported coal to get a uniform feedstock price, but asked coal and power ministries to come back with specifics of the proposal.

“The basic principles and parameters have been identified and now...the real numbers would have to be done in the next couple of days. The decision in-principle has been taken (on price pooling), ” Information and Broadcasting Minister Manish Tewari told reporters here. — PTI