mjunction Services Limited, India’s leading B2B digital marketplace operator, is strategically poised to support the country’s transition toward a market-driven coal trading ecosystem as annual coal production surpasses one billion tonnes and private sector participation expands.
With over two decades of sector expertise, a robust digital trading platform and a buyer-seller network that includes nearly 30,000 market participants, mjunction is advocating for structural reforms that would enable organised, transparent price discovery and competitive trading in India’s coal markets — moving beyond traditional e-auctions, allocations and bilateral contracts.
Central to this vision is the proposed market-based Coal Exchange, a reform initiative backed by industry stakeholders and currently outlined in the Draft Coal Exchange Rules, 2025, which provides a regulatory framework for a digital coal marketplace. Such an exchange is expected to facilitate multi-buyer, multi-seller trading, improve market liquidity, and help commercial miners achieve better price realisation while giving buyers enhanced access and supply assurance.
Drawing on its experience in operating large-scale coal e-auction platforms, mjunction has submitted detailed recommendations to the Ministry of Coal on the design and operational protocols of the proposed Coal Exchange. The company believes its digital infrastructure and deep industry relationships position it to play a central role in the evolution of India’s coal sector.
The broader reform agenda reflects a shift in the coal market’s structure as production increases and private mining accelerates under India’s liberalisation policies, with greater emphasis on competitive trading, price transparency and efficiency. mjunction’s engagement at industry forums — including the Indian Coal Markets Conference — underscores its commitment to facilitating the transition to a more open and efficient coal marketplace.