Coal exchange registration portal launched

Coal exchanges: what happened?

Most coal in India is sold through fixed contracts and auctions run by sellers. A coal exchange is an online market where many buyers and sellers trade delivery-based coal contracts, so prices are discovered openly. The rules came first; now companies can apply to run such exchanges.

• The CCO drew up detailed guidelines within one month of the Coal Exchange Rules, 2026 being published.
• Applicants can register, upload documents, pay fees and track status online.
• Exchanges will frame market rules and run trading with the CCO’s prior approval.

What will a coal exchange offer?

• Market-based price discovery.
• Assured quality through coal sampling agencies approved by the Authority.
• Market surveillance, and clearing and settlement backed by a settlement fund.
• A grievance redressal mechanism.

Why does coal exchanges matter?

• Economy: Open price discovery and more private participation in coal trade.
• Governance: A regulated, digital market with a single regulator.

What can Prelims ask on coal exchanges?

• Coal exchanges: enabled by MMDR Amendment Act, 2025 (mineral exchanges).
• Coal Exchange Rules, 2026; regulator: Coal Controller Organisation.
• Registration valid for 25 years.