Overview
- The new CoalSETU window under the 2016 NRS policy will auction long‑term linkages without end‑use restrictions to any eligible domestic industrial buyer.
- Linkage holders may export up to 50% of their allotted quantity, while coking coal will not be offered under this window.
- Traders are barred from participating, and coal obtained can be used for own consumption, export or washing, with domestic resale prohibited.
- Fuel supply agreements under the revamped framework can run for up to 15 years, with flexibility to allocate supplies within group companies.
- The government is eyeing nearby markets such as Nepal, Bangladesh, Bhutan and Sri Lanka, with detailed auction rules and timelines to follow.