Govt mulling coal linkage auction for unregulated sectors: Anil Swarup

NEW DELHI: The coal ministry is considering auction of coal linkages for unregulated sectors, including cement and steel, for five years, Coal Secretary Anil Swarup said on Thursday.

Details of the procedure will be put up on the ministry's website for stakeholder's comments in a day or two, he said.

The ministry is also considering extending the linkages for existing holders by a year till June 30, 2016. After that, the existing linkage holders will also have to bid, Swarup said.

The policy for the linkages is expected to be approved in a month.