Cabinet approves CoalSETU window: Auction of coal linkages for diverse industrial uses and exports, ensuring fair access and optimal resource utilisation

India, Dec. 12 -- The Government of India has issued a release:

The Union Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi today has 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.

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 wherein any domestic b...