Coal news and updates

Centre evaluates setting up separate regulator for coal exchange

Commercial miners are expected to be key sellers on the exchange.

• The development assumes significance for one of India's most important natural resources, which was embroiled in controversy in the not-too-distant past regarding inefficient allocation of coal mines

New Delhi: The Centre is mulling the creation of a new, independent regulator for a coal exchange that is being planned for launch in the ongoing fiscal (FY25), two people aware of the development said. 

The development assumes significance for one of India's most important natural resources, which was embroiled in controversy in the not-too-distant past regarding inefficient allocation of coal mines.