Govt extends feedback window for coal trading exchange draft

23 Apr 2025 CW Team

The Ministry of Coal has extended the deadline for public comments on the draft rules of the proposed Coal Trading Exchange (CTE) to 7 May 2025, giving stakeholders more time to weigh in on a key market reform aimed at overhauling how coal is bought and sold in India.

Originally set to close on 6 April, the feedback window was extended via an official notification published on the ministry’s website. The CTE is being positioned as a major shift from India’s existing coal sales model, transitioning from the current ‘one-to-many’ format—dominated by state-run players like Coal India Ltd—to a ‘many-to-many’ marketplace where both private and public sector players can buy and sell through a unified digital platform.

The proposed reform aims to boost price transparency, streamline coal transactions, and foster competition. The draft also suggests that the Coal Controller Organisation (CCO) be designated as the exchange’s regulator, in line with global commodity trading norms.

At present, coal sales in India are primarily routed through government channels, with limited space for private commercial activity. The CTE is expected to open up a broader market for both commercial and captive coal producers, featuring multi-party bidding and an integrated clearing and settlement mechanism to minimise transactional risks.

The reform comes as India’s coal output is projected to cross 1.5 billion tonnes by 2030, creating a possible supply surplus and necessitating a more market-driven approach. The ministry has indicated that the exchange could go live sometime in 2025, with operational details under final review.

Officials say the CTE will play a pivotal role in improving market dynamics, increasing private participation, and aligning the sector with India’s broader energy security and resource efficiency goals.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..