August 18, 2026 09:07 am (IST)
Coal linkages for non-power sector to take the auction route
New Delhi, Feb 3 (IBNS) Cabinet Committee on Economic Affairs on Wednesday has decided to grant long-term supply or linkages for coal to non-power sectors such as steel, cement and aluminium through electronic auctions to make it a transparent process while existing agreements will be allowed to lapse as the agreement ends.
Public sector units and urea manufacturers will be able to renews their existing fuel supply agreements (FSAs) but any requirement beyond the FSA quantity will ahve to procured through the auction route, according to media reports.
The Coal Ministry has been drawing up a plan for auction of linkages to the non-power sector through 2015.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
BPCL flags off first extreme weather grade diesel rake from Bina Refinery to power Indian Army’s high-altitude operations
Mon, Aug 17 2026
Chief Economic Adviser backs E10 option for older vehicles as E20 fuel transition sparks debate
Mon, Aug 17 2026
L&T secures ultra-mega order for strategic offshore development project in Middle East
Mon, Aug 17 2026
Mahindra launches BLAZO i-TRK: All details inside
Sun, Aug 16 2026
Reliance Industries, Rolls-Royce join hands to explore indigenous engine for India’s AMCA fighter
Sat, Aug 15 2026
BSNL’s Independence Day gift: Re 1 Recharge, 412-Day Plan and 500 Free TV Channels. Check now
Sat, Aug 15 2026
Emami’s big snack bet: ₹750 crore investment, new WeMe brand targets ₹1,000 crore in 3-5 years
Sat, Aug 15 2026
