Policy for Auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation (CoalSETU):
The Union Cabinet has approved creation of a new CoalSETU window under the NRS Linkage Policy, enabling long-term coal linkages for any industrial use and exports.
- CoalSETU is a new auction-based coal linkage window under the Non-Regulated Sector (NRS) Linkage Policy, allowing any domestic industrial buyer to secure long-term coal linkages for own use or export (up to 50%), except resale within India.
- Ministry: Ministry of Coal, Government of India
- Aim of the Policy:
- To ensure transparent, seamless and efficient utilisation of domestic coal resources.
- To promote ease of doing business and reduce dependence on coal imports.
- To boost availability of washed coal and support export opportunities.
- Key Features:
- New CoalSETU Window in NRS Policy (2016):
- Allows any industrial consumer to participate in coal linkage auctions.
- Existing NRS auctions for cement, sponge iron, steel, aluminium, CPPs will continue.
- These users may also bid in the CoalSETU window.
