New Delhi, June 9 (IANS) The government has paved the way for the establishment of Coal Exchanges in the country, which is a major step towards modernising India’s coal supply chain and creating a transparent, market-driven trading ecosystem, according to an official statement on Tuesday.The Ministry of Coal said that the recently enacted Mines and Minerals (Development and Regulation) Amendment Act, 2025 introduced the concept of a Mineral Exchange and empowered the Central Government to promot…
Latest Coal Trading News & Updates
Mumbai, April 20 (IANS) The Multi Commodity Exchange of India Limited (MCX) on Monday said it has received approval from market regulator the Securities and Exchange Board of India (SEBI) to invest in a proposed coal exchange, marking its entry into the segment.The exchange plans to commit capital of up to Rs 100 crore to meet the minimum net worth requirements as per the draft Coal Exchange Rules. The move underscores the commodity exchange’s push to deepen its presence in the energy space an…