Home » Dharmendra Pradhan launches Indian Gas Exchange

Dharmendra Pradhan launches Indian Gas Exchange

Sumit Arora Published On June 16th, 2020 Leave a comment

Union Petroleum and Natural Gas Minister, Dharmendra Pradhan has launched the Indian Gas Exchange (IGX). IGX is the first nationwide online delivery-based gas trading platform. The trading platform will enable market participants to trade in standardised gas contracts. IGX is fully automated with a web-based interface and it provides seamless trading experience to the customers.

Click Here To Get Test Series For SBI PO 2020

The new electronic trading platform for natural gas is an indicator of the centre’s progressive policy. This will help the nation move towards free-market pricing of natural gas. IGX has been incorporated as a wholly-owned subsidiary of the Indian Energy Exchange (IEX), which is India’s energy market platform.

Find More National News Here

About the Author

Sumit Arora

Author

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.