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, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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