New window for coal linkage auctions to give push to reforms | India News – The Times of India

New window for coal linkage auctions to give push to reforms | India News – The Times of India

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…

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Govt approves CoalSETU long-term auction of coal linkages for industrial use, export | India News – The Times of India

Govt approves CoalSETU long-term auction of coal linkages for industrial use, export | India News – The Times of India

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…

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