Industry Odisha Bureau, Jun 10: In a bid to set up coal exchanges in the country as well as put down the eligibility criteria and the requisite governance structure meant for it, the Government of India (GoI) reportedly published the “Coal Exchange Rules (2026)” yesterday.
Reportedly, the GoI’s Ministry of Coal “had appointed the Coal Controller Organisation (CCO) in December last year as the nodal authority to register and regulate the coal exchanges in the country.”
In its official statement, the Ministry of Coal reportedly said, “The coal exchange would mark a paradigm shift in coal marketing by enabling multiple sales channels, that is, from ‘one-to-many’ to ‘many-to-many’.”
The statement added, “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.”
Reportedly, the “Coal Exchange Rules (2026)” outlines: “An applicant seeking to establish a coal exchange must have a net worth of not less than fifty crore rupees.”
The “Coal Exchange Rules (2026)” also reportedly underlines that: “The applicant must adhere to being demutualised, that means, the ownership and management do not hold any trading rights in the exchange.”
The “Coal Exchange Rules (2026)” also reportedly underlines that: “The final price of the traded coal be adjusted in accordance with the quality of coal being traded, which shall be assessed by any coal sampling agency recognised by the Coal Controller Organisation (CCO).”
