Coal India Advocates Phased Implementation of National Coal Exchange with Energy Security Safeguards

Coal India Limited (CIL) supports the phased rollout of the National Coal Exchange, emphasizing the need to align reforms with national energy security. CIL advocates a gradual shift from traditional e-auctions to a regulated electronic market featuring real-time price discovery through Market Clearing Price and Volume mechanisms. Officials highlight that Long-Term Fuel Supply Agreements will remain vital to stabilize thermal power production amid market volatility concerns. Experts note the exchange's success depends on a surplus coal supply to maintain price stability.