Categories: National

Dharmendra Pradhan launches Indian Gas Exchange

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.

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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.

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Sumit Arora

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.