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Indian Energy Exchange’s arm applies for licence with coal controller organisation

28 Sep 2026 Evaluate

Indian Energy Exchange’s wholly owned subsidiary -- Indian Coal Exchange has applied for a licence with the Coal Controller Organisation (CCO), the regulatory authority for coal exchanges.

The company has incorporated Indian Coal Exchange on June 1, 2026, with an authorised share capital of Rs 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 the company’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 the company’s electricity market business, the Indian Gas Exchange (IGX), India’s leading natural gas trading platform, and its role in facilitating I-REC issuance in India, Indian Coal Exchange will further broaden the group’s energy market offerings across the energy value chain.

Indian Energy Exchange is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as the energy saving certificates. 

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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