The development comes after a Group of Ministers (GoM) on Coal headed by Finance Minister Pranab Mukherjee, in its meeting last month, decided to refer the North Karanpura power project issue to the B K Chaturvedi Committee.
"The B K Chaturvedi panel was formed by the Planning Commission on Wednesday," sources said.
The three-member panel, which includes Coal Secretary Alok Perti and Power Secretary P Uma Shankar, will submit its report within a month from the day of its formation, sources added.
The issue of relocating the proposed power plant of NTPCÂ has been a major bone of contention between the ministries of coal and power, as the plant is planned in an area that holds six billion tonnes of coal reserves.
While the Coal Ministry has been arguing in favour of relocating the proposed plant, the Power Ministry has been opposing the move, following which the matter was referred to the ministerial panel earlier this year. Read the full report here.
Source: NDTV Profit, New Delhi.