The Cabinet Committee on Economic Affairs on Wednesday approved a new coal linkage policy to ensure an adequate supply of the fuel to power plants through a reverse auction.  This may help producers ensure fuel supplies in an organized manner. The government's initiatives as well as international market conditions have helped bring down the price of the dry fuel and boosted domestic production. But a mechanism was required for providing coal linkages to power plants at competitive rates. The new policy may address this concern and put in place a proper mechanism for sourcing of the dry fuel by the power plants as per their schedules.