BusinessIEX Subsidiary Applies for Coal Trading Licence with CCO
Indian Energy Exchange's wholly owned subsidiary, Indian Coal Exchange Limited, has applied for a licence with the Coal Controller Organisation to establish a coal trading exchange. Incorporated on June 1 with ₹100 crore authorised capital, the exchange will enable physical delivery-based coal trades, facilitating price discovery and market access under the Coal Exchange Rules, 2026. This marks IEX's entry into the coal market, expanding its energy trading portfolio.
Business Standard·3h ago


