New window for coal linkage auctions to give push to reforms
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 and creating export opportunities.
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 and creating export opportunities.
