New Delhi, Dec. 12 -- Marking another major reform in the coal sector, the Union Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved for the Policy for Auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation (CoalSETU) by creation of new window named "CoalSETU window" in the NRS Linkage Policy to utilise coal for any industrial use and export.

The new policy adds to the series of coal sector reforms being undertaken by the Government.

An official release stated, "The policy will allow allocation of coal linkages on auction basis on long-term for any industrial use and export by adding a separate window named CoalSETU in the NRS (Non-Regulated Sector) Linkage Auction Policy of 2016 w...