Allocation of coal linkages for the non-regulated sector, which includes steel and cement, will be only through the auction route to ensure transparency, Government said on Wednesday.
“Cabinet Committee on Economic Affairs has approved allocation of coal linkages for non-regulated sector only through auction,” Power and Coal Minister Piyush Goyal told the media after the CCEA meeting. “Sectors included are Cement, Steel/Sponge Iron, Aluminium, and others (excluding fertiliser, urea),” he said. The framework attempts to make coal available in a fair manner to end-users, the minister said. “Proposed auction methodology leads to price through a market mechanism; it does not seek to maximise revenue”, he said.