The Coal Ministry is set to finalize the rules and framework for India’s first Coal Exchange by the end of November 2025, paving the way for transparent, market-driven coal trading in the country, Coal Secretary Amrit Lal Meena announced on Thursday.
Speaking at an industry event in New Delhi, Meena said the proposed Coal Exchange platform will bring all stakeholders—producers, traders, and consumers—onto a unified digital marketplace, enabling real-time price discovery and efficient coal distribution.
“The draft rules are in the final stage of inter-ministerial consultations. We expect to notify the framework by November-end,” Meena stated, adding that the exchange will function on the lines of existing commodity exchanges with stringent quality and delivery standards.
The platform is expected to significantly improve transparency in coal transactions, reduce dependence on long-term linkages, and provide industries—especially in the power, cement, and steel sectors—with more flexible procurement options.
The government has already conducted pilot studies and consultations with Coal India Ltd, Singareni Collieries, and private miners to ensure smooth integration once the exchange becomes operational.
Industry experts believe the Coal Exchange will mark a transformational reform in India’s energy sector, supporting the government’s broader goal of achieving efficient resource utilization and market liberalization.