THEBUSINESSBYTES
BUREAU
MUMBAI,
APRIL 17, 2026
The
National Stock Exchange of India Limited (NSE) has secured approval from the
Securities and Exchange Board of India (SEBI) under Regulation 38(2) of the
SECC Regulations, 2018, to invest in the proposed National Coal Exchange of
India Limited. The regulatory nod marks a significant step towards establishing
a structured and transparent market platform for physical coal trading in the
country.
Following
this approval, the company is set to approach the Coal Controller Organization
to obtain the necessary licence for setting up the coal exchange, in accordance
with applicable regulatory provisions.
The
proposed exchange aims to enable electronic spot trading of coal through
standardized contracts. It is expected to introduce transparent price
discovery, streamline trading processes, and establish robust settlement
mechanisms for a wide range of market participants, including producers,
consumers, and traders.
The
initiative aligns with the Government of India’s ongoing reforms in the coal
sector, such as the introduction of commercial mining and the liberalisation of
coal sales. Once operational — subject to incorporation of the entity and
receipt of requisite approvals — the exchange is expected to foster a more
formal, efficient, and transparent ecosystem for coal transactions in India.
