NEW DELHI: With coal production likely to reach 1.5 billion tonnes by 2030, the Centre has decided to set up coal exchanges to promote competitive markets for the sale of surplus thermal fuel. The Coal Controller Organisation has been appointed as the authority to register and regulate the trade bodies.Officials said the ministry of coal has already prepared the revised draft Coal Exchange Rules and sought comments and suggestions from stakeholders. These exchanges would facilitate the trading of coal as a commodity, and prospective operators will get authorisation from the CCO. A gazette notification appointing the CCO as the body to register and regulate the proposed exchanges was issued earlier this month.According to officials, several policy reforms in the coal sector have contributed to self-sufficiency and led to increased availability in the country. They added that coal production in India, which breached the 1-billion-tonne mark in 2024-25, is likely to grow beyond 1.5 billion tonnes by 2030. As per a recent report by the International Energy Agency, the country’s overall coal demand is also expected to rise by 17% over the next five years.With increased availability and demand for domestic coal, there would be a paradigm shift towards a surplus coal scenario, transforming existing sales mechanisms and necessitating market reforms backed by a regulatory framework.The CCO will have the authority to register the exchanges and revoke registrations, if need be, notify fees and other charges stipulated for the operation of exchanges, conduct market oversight, and keep a tab on their other activities. It will also notify guidelines and procedures for dispute and grievance redressal.Officials said the Mines and Minerals (Development and Regulation) Amendment Act, 2025, enacted by Parliament earlier this year, has empowered the central govt to promote the development of markets, including the trading of minerals, their concentrates or processed forms, through exchanges by framing rules and appointing an authority to register and regulate them.About the AuthorAtul MathurAtul Mathur is a Senior Assistant Editor at The Times of India with over 27 years of experience in journalism. Based in Delhi, he has spent much of his career reporting on governance, public policy and politics, churning out researched, data-driven stories that impact daily lives. Atul is known for investigative depth and strong human-interest narratives as he strives to bring clarity and context to complex issues. He currently tracks the energy sector, writing on power, renewable energy, coal and mines.Read MoreEnd of ArticleFollow Us On Social MediaVideos‘Love Jihad Claim False’: UP Woman Speaks Out After Bajrang Dal Crashes BirthdayUnnao Rape Case: Activists Protest Outside Delhi High Court Over Sengar BailShashi Tharoor Responds To Digvijaya Singh, Says Congress Needs Discipline, Not Lessons From RSSPakistan FM Says Islamabad Will Proactively Rebuild Relations With Bangladesh Post PollsHadi Killing: Dhaka Police Say Main Accused Escaped to India via MeghalayaPakistan FM Ishaq Dar Admits India Hit Nur Khan Air Base In Operation Sindoor Strikes‘Advised Me To Hide In Bunker’: Pak President Zardari On Op Sindoor, Responds To PM Modi’s WarningIndian Army Intensifies Anti-Terror Ops In J&K To Flush Out Pak Terrorists Amid Chillai KalanBJP Hails Shashi Tharoor’s Remarks On India’s Foreign Policy, Congress Hits Back‘Hindu Lives Matter’: Protest Outside Bangladesh High Commission In London Over Minority Killings123PhotostoriesIs foul-smelling poop a symptom of cancer?TV celebrities who passed away in 2025: From Satish Shah to Achyut PotdarBloating vs belly fat: Easy signs that tell the difference and why it matters10 rice dishes from around the worldAntibiotic resistance: Why common infections are getting harder to treatThalapathy Vijay fitness secrets: How simple workouts and balanced food keep him fit at 516 strange and haunting lines from books and classicsFrom hydrogen-powered water taxi to ethereal Ganga aarti: 5 reasons to visit VaranasiAjwain Water: The right way to make it, who should avoid it, and an Ayurvedic tip to consume10 morning chores that can instil discipline in kids123Hot PicksKuwait NYEPAN-Aadhaar linkingJeffrey EpsteinGold rate todayIncome Tax RefundIndian Railways fareBank Holidays DecemberTop TrendingFrank Lampard and Christine Lampard Net WorthJordan Spieth Net WorthJake Paul and Jutta Net WorthBode Miller Net WorthTravis KelceLola vice and Damian Net WorthPatrick MahomesNavjot Singh SidhuChloe KimNBA Trade Rumor
NEW DELHI: With coal production likely to reach 1.5 billion tonnes by 2030, the Centre has decided to set up coal exchanges to promote competitive markets for the sale of surplus thermal fuel. The Coal Controller Organisation has been appointed as the authority to register and regulate the trade bodies.Officials said the ministry of coal has already prepared the revised draft Coal Exchange Rules and sought comments and suggestions from stakeholders. These exchanges would facilitate the trading of coal as a commodity, and prospective operators will get authorisation from the CCO. A gazette notification appointing the CCO as the body to register and regulate the proposed exchanges was issued earlier this month.According to officials, several policy reforms in the coal sector have contributed to self-sufficiency and led to increased availability in the country. They added that coal production in India, which breached the 1-billion-tonne mark in 2024-25, is likely to grow beyond 1.5 billion tonnes by 2030. As per a recent report by the International Energy Agency, the country’s overall coal demand is also expected to rise by 17% over the next five years.With increased availability and demand for domestic coal, there would be a paradigm shift towards a surplus coal scenario, transforming existing sales mechanisms and necessitating market reforms backed by a regulatory framework.The CCO will have the authority to register the exchanges and revoke registrations, if need be, notify fees and other charges stipulated for the operation of exchanges, conduct market oversight, and keep a tab on their other activities. It will also notify guidelines and procedures for dispute and grievance redressal.Officials said the Mines and Minerals (Development and Regulation) Amendment Act, 2025, enacted by Parliament earlier this year, has empowered the central govt to promote the development of markets, including the trading of minerals, their concentrates or processed forms, through exchanges by framing rules and appointing an authority to register and regulate them.
