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NEW DELHI: With India’s coal production crossing the one-billion-tonne mark for the second year in a row, govt has said adequate stocks are being maintained at thermal power plants to meet rising energy demands.India reached the one-billion-tonne coal production level on March 20. It had recorded its highest-ever coal production of 1,048 million tonnes in…
India has launched CoalSETU, a new policy for long-term coal linkage auctions aimed at industrial use and exports. This dedicated window allows any domestic industrial buyer to bid, simplifying procedures and boosting the utilization of coal reserves. Fuel supply agreements can extend up to 15 years, with flexible use within group companies, potentially reducing imports…
NEW DELHI: In a fresh push to reform the coal sector, the cabinet committee on economic affairs (CCEA) on Friday approved a CoalSETU policy, a dedicated window for long-term auction of coal linkages for any industrial use and exports.The new ‘CoalSETU window’ (Policy for Auction of Coal Linkage for Seamless, Efficient and Transparent Utilisation) will…
