The Indian Ministry of Coal notified the Coal Exchange Rules, 2026. This framework permits the establishment of formal, regulated coal trading platforms.

The Multi Commodity Exchange of India (MCX) plans to invest up to ₹100 crore in a dedicated coal exchange subsidiary. SEBI previously granted approval for MCX to establish this entity.

The new regulations shift coal sales from a one-to-many model to a many-to-many platform. This transition aims to enhance price discovery and market efficiency across the energy sector.