CoalSETU Approved: Boosting Coal Use and Trade

India's Cabinet cleared the Coal Single-window Electronic Tracking and Utilization (CoalSETU) portal, a game-changing digital platform to fast-track coal allocations, linkages, and clearances for power, steel, cement sectors. Announced by Coal Minister G Kishan Reddy, it addresses chronic supply bottlenecks plaguing industries, promising 30-50% efficiency gains via real-time tracking and AI analytics.

Portal Power Points:

One-Stop Solution: Integrates 15+ ministries for end-to-end approvals—auctions, imports, quality checks—slashing paperwork from months to days for MSMEs and majors.

Export Thrust: Eases overseas shipments (India exported 145 MT coal FY25), targeting ₹50,000 Cr revenue boost; links with global buyers via blockchain traceability.

Industry Lifeline: Prioritizes captive mines, e-auctions; reduces illegal mining via geo-tagging, supporting 1.2 Bn tonne domestic output goal by 2030.

This digital leap counters import dependence (25% needs), fueling GDP via cheaper energy. Rollout by Q1 2026.

Sources: PIB India, Economic Times