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India likely to launch a Coal Exchange by FY27 to boost market efficiency.
It will facilitate real-time price discovery and reduce dependence on contracts.
Aims to attract private players and improve supply chain transparency.
In a major move to streamline the coal trading system, the Indian government is likely to set up a Coal Exchange by FY27, aiming to create a more transparent and efficient market for the critical resource. According to officials, the proposed exchange would function on a digital platform, facilitating real-time price discovery, open bidding, and better inventory management.
Currently, coal supply in India is largely managed through long-term contracts and government allocations. The upcoming coal exchange is expected to reduce dependency on these traditional routes, offering buyers and sellers a level-playing field through a competitive and transparent bidding mechanism.
The Ministry of Coal has already initiated consultations with stakeholders, including Coal India Ltd., private miners, and power producers, to finalize the structure and operational framework of the exchange. The move is expected to attract private investments, enhance supply chain visibility, and align India’s energy ecosystem with global best practices.
The initiative comes as the world grapples with energy transitions and rising volatility in the commodity markets. With India's growing power demand, a well-regulated coal exchange can ensure better resource allocation and pricing transparency.
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