Business Economy


Centre notifies Coal Exchange Rules for establishment of Coal Exchanges

New Delhi, Jun9 (UNI) The Ministry of Coal has notified the Coal Exchange Rules, 2026, paving the way for the establishment of Coal Exchanges in the country. The rules were published in the Official Gazette, following the enactment of the Mines and Minerals (Development and Regulation) Amendment Act, 2025.
The Gazette had introduced the concept of a Mineral Exchange and empowered the Central Government to promote transparent and efficient trading of minerals, including coal and its processed forms.

The Ministry of Coal had already designated the Coal Controller Organisation (CCO) in December 2025 as the authority responsible for registering and regulating Coal Exchanges.
Eligible entities will be authorized by CCO to establish and operate Coal Exchanges, frame market rules and bye-laws, and facilitate coal trading. Registrations will be granted for a period of 25 years.
"The introduction of Coal Exchanges marks a paradigm shift in coal marketing by moving from the traditional 'one-to-many' sales model to a competitive 'many-to-many' trading platform. This will enable transparent and market-driven price discovery, improve efficiency, and provide coal producers, including commercial and captive miners, with easier access to a wider pool of buyers. Public Sector coal companies can also leverage the platform to enhance market participation," Ministry of Coal said in a statement.
The Coal Exchange initiative reflects the Government’s commitment to enhancing ease of doing business, promoting transparency, and building a modern, self-reliant energy ecosystem.
Recently, the Multi Commodity Exchange of India Ltd (MCX) received approval from the Securities and Exchange Board of India (SEBI) to invest in a proposed coal exchange company.
MCX plans to invest up to Rs 100 crore as initial capital to meet net worth requirements under the draft coal exchange framework.UNI VK
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