Overview
- India’s Cabinet Committee on Economic Affairs cleared CoalSETU on December 12, creating a separate window under the 2016 NRS linkage policy for any industrial use and exports.
- Linkage holders will be allowed to export up to 50% of their allocated coal, while coking coal is excluded and traders are barred from participating.
- Fuel supply agreements under CoalSETU can run for up to 15 years with flexibility to allocate coal across group companies.
- Coal obtained through the window may be used for own consumption, washing or export, and resale within India is prohibited.
- Officials pointed to nearby buyers such as Nepal, Bangladesh, Bhutan and Sri Lanka as likely early markets as higher output helps curb thermal coal imports.