IEX Subsidiary Applies for Licence to Launch Indian Coal Exchange

Indian Energy Exchange (IEX), has announced that its wholly owned subsidiary, Indian Coal Exchange, has applied for a licence with the Coal Controller Organisation (CCO), the regulatory authority for coal exchanges.

IEX incorporated Indian Coal Exchange on June 1, 2026, with an authorised share capital of INR 100 crore. Indian Coal Exchange will be a physical delivery-based coal trading exchange, providing an organised, transparent and technology-enabled marketplace for coal trading in accordance with the Coal Exchange Rules, 2026. By bringing buyers and sellers together on a single, neutral platform, Indian Coal Exchange will facilitate trades at designated delivery points, enabling efficient price discovery and wider market access.

Backed by IEX’s 18 years of experience in building transparent, technology-driven and market-based trading platforms, the Indian Coal Exchange will mark the Group’s entry into the coal market. 

Complementing IEX’s electricity market business, the Indian Gas Exchange (IGX), India’s natural gas trading platform, and its role in facilitating I-REC issuance in India, Indian Coal Exchange plans to further broaden the group’s energy market offerings across the energy value chain.