New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Friday approved the policy for the auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation (CoalSETU) with the creation of a new window in the non-regulated sector linkage policy to utilise coal for any industrial use and export.

“The new policy, which is part of the coal sector reforms being undertaken by the government, will allow allocation of coal linkages on an 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 buyer requiring coal can participate in the linkage auction. Coking coal shall not be offered under this window,” a Cabine

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