India, June 9 -- The Ministry of Coal has notified the Coal Exchange Rules, 2026, paving the way for the establishment of coal exchanges in India and marking a significant reform in the country's coal marketing framework.

The initiative follows the enactment of the Mines and Minerals (Development and Regulation) Amendment Act, 2025, which introduced the concept of Mineral Exchanges and empowered the Central Government to facilitate transparent and efficient trading of minerals, including coal and its processed products.

To operationalise the framework, the government has designated the Coal Controller Organisation as the regulatory authority responsible for registering and overseeing coal exchanges. Eligible entities will be allowed to es...