Empowering India’s Energy Markets: Coal Exchange for Viksit Bharat

• Coal Exchange = an independent, electronic marketplace for transparent, competitive price discovery in coal trading, enabled under the MMDR Amendment Act, 2025.
• Notified via Coal Exchange Rules, 2026 (Gazette: 04 June 2026) by the Ministry of Coal.
• UPSC relevance: GS-III (energy security, infrastructure, market reforms) + GS-II (regulatory architecture); links Viksit Bharat @ 2047 energy strategy with commodity-market modernisation.