Adani Gas, Torrent Gas each buy stake in India Gas Exchange
SECTIONS
Share
Synopsis
IGX, which is India’s first gas exchange, has already traded 75000 mbtu since its launch in June 2020 and has plans to introduce two new hubs in Maharashtra and West Bengal.
Getty Images
IGX will leverage on the presence of Adani Total Gas and Torrent Gas in the upstream and downstream hydrocarbon value chain.
Related
MUMBAI: Adani Total Gas and Torrent Gas have acquired 5% stake each in the Indian Gas Exchange (IGX), a subsidiary of Indian Energy Exchange, for a total of Rs 7.38 crore.
IGX, which is India’s first gas exchange, has already traded 75000 mbtu since its launch in June 2020 and has plans to introduce two new hubs in Maharashtra and West Bengal.