NEW DELHI: In a fresh push to reform coal sector, Cabinet Committee on Economic Affairs Friday approved a CoalSETU policy, a dedicated window for long-term auction of coal linkages for industrial use and exports. The new CoalSETU window - Policy for Auction of Coal Linkage for Seamless, Efficient and Transparent Utilisation - will be added to the existing 2016 linkage auction policy for the non-regulated sector. Unlike current system, where coal linkages are auctioned only to specified end users such as cement, steel, sponge iron and aluminium plants, the new window will allow any domestic industrial buyer to bid for coal linkages. Coking coal will not be offered, and traders will be barred to prevent market distortion. Officials said the move aims at simplifying procedures, boosting

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