India, Dec. 12 -- The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the CoalSETU policy—introducing a new window for auctioning coal linkages under the NRS (Non-Regulated Sector) Linkage Policy. The CoalSETU window will enable long-term coal linkage allocation for any industrial use or export, marking another major reform in India's coal sector.
Under the new policy, domestic buyers can participate in the auction process without end-use restrictions, though coking coal will not be included. This expands the earlier NRS linkage framework, which allowed coal linkages only for specified sectors such as cement, steel, sponge iron, aluminium, and captive power plants.
The move aims to suppor...