CoalSETU Policy: A Game-Changer for India’s Energy Future
The Union Cabinet’s approval of the CoalSETU policy marks a major milestone in India’s energy journey. Designed as a unified digital window, CoalSETU aims to make coal utilisation seamless, efficient, and transparent , addressing long-standing challenges within the coal ecosystem. At its core, the policy focuses on improving the Ease of Doing Business for industries dependent on coal. By simplifying procedures and enhancing accessibility, CoalSETU will help companies obtain coal more smoothly and at competitive rates. This move is expected to increase operational efficiency while reducing bottlenecks in supply. A crucial benefit of CoalSETU lies in its potential to significantly boost domestic coal availability . With industries gaining better access to locally sourced coal, India can reduce its dependence on costly coal imports , saving valuable foreign exchange. Strengthening domestic coal utilisation not only supports energy-intensive sectors but also aligns with India’s br...