Indian Gas Exchange (IGX)

IGX trades at the Mhaskal delivery point with delivery scheduled from 20th to 26th March 2025. #IGXIndia #GasMarkets #LNG #IGX #GIXI

IGX trades at Mhaskal & Gadimoga delivery points with delivery scheduled from 19th March to 30th April 2025. #IGXIndia #GasMarkets #LNG #IGX #GIXI

Be a part of India's growing gas market! IGX is hiring for Executive/Sr. Executive (Market Operations) to manage trade operations, settlements, invoicing, and stakeholder coordination. If you have 1-3 years of experience in financial operations or gas trading, apply now! Send your resume to hr@igxindia.com #IGXCareers #HiringNow #GasTrading #FinanceJobs #EnergySector #Operations #MIS #CareerOpportunity

To all our Members, Partners, Colleagues and Friends, the Indian Gas Exchange wishes you a very colourful Holi. #HappyHoli

IGX trades at Dahej delivery point with delivery scheduled from 14th to 31st March 2025. #IGXIndia #GasMarkets #LNG #IGX #GIXI

#GasConnect for March'25 is out & it covers Stories of the Month, International & National Gas Market, IGX Insights, and more. Read on: https://lnkd.in/gkZFNWha Mr. Ashok Balyan shared an article on 'GAS BENCHMARK: PATHWAY FOR GROWTH, UNIFIED AND TRANSPARENT MARKET' #Gas #IGX #Insights #GasMarket #NaturalGas #LNG #GIXI

IGX trades at multiple delivery points with delivery scheduled from 16th to 31st March 2025. #IGXIndia #GasMarkets #LNG #IGX #GIXI

We welcome JSW as our new Proprietary Member! With JSW Steel joining us, we aim to enhance together, driving sustainable energy solutions for the nation. Welcome aboard, JSW Steel! #WelcomeJSW #IGX #IndianGasExchange #EnergyInnovation #SustainableEnergy #GasMarket #ProprietaryMember #JSW #EnergyTransformation

A Stakeholder's consultation was conducted by IGX, as conceptualized by PNGRB, to collect the market feedback and suggestions for next steps to develop market & well-functioning liquid gas exchange. It was chaired by Petroleum and Natural Gas Regulatory Board (PNGRB) Chairperson Dr. Anil Jain & was also attended by PNGRB Members Shri ANJANI KUMAR TIWARI, Shri Gajendra Singh & Shri A Ramana Kumar. Meeting had representations from various segments, who shared a positive response about their experience with IGX platform like flexible contracts, transparent price discovery, delivery convenience & fast payment cycle. Shri Jalaj J. McKinsey & Company gave an insightful presentation on the topic: “The Future of Gas: Trends & Learning”. First Panel Discussion's theme “Reforms to increase buyers/sellers’ participation on the Gas Markets in general and Exchange” & was moderated by Shri Gurpreet Chugh, CFA, ICF. Shri Bhashit Dholakia, Indian Oil-Adani Gas Pvt Ltd (IOAGPL) Shri Pravin Sawant CGM, Hindustan Petroleum Corporation Limited, Shri Ashok Parasramka, JSW and Shri F.C RASTOGI, Kajaria Ceramics Limited joined as the Panelists. Second Panel Discussion's theme “Reforms to increase liquidity on the Exchange platform” & was moderated by Shri Sanjay Sah, Deloitte. Shri PRAVEER AGRAWAL, GAIL (India) Limited, Shri Akshay Wadhwa, Bharat Petroleum Corporation Limited, Shri Himanshu Kelkar, Gujarat State Petronet Limited and Shri Sandeep Jain Indian Oil Corporation Limited (Iocl) joined as the Panelists. 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗲𝘃𝗲𝗻𝘁: Vision: Gas trade on the exchange needs to increase from the current market share of 2% to 20% in the next few years. 𝗖𝗮𝗽𝗮𝗰𝗶𝘁𝘆 · Unified Tariff: Gas market has to move from existing transportation tariff to one nation one tariff to finally an Entry-Exit mechanism. · Capacity Booking process to be eased out and should be available daily. It should not take up to 3 days as currently allowed. · Seamless trading in prompt contracts: Booking capacity at a shorter notice such as Intraday and day-ahead, allowing more use of exchange by the Power sector. 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 · Annual Contract: Introduction of Long Duration Contracts (beyond a year). · Introduction of LNG Regas Capacity trading of terminal and the Capacity trading of pipeline. · LNG Trading on the exchange. · Market-based balancing with imbalance charge linked to GIXI. · Derivatives Market linked to GIXI for risk mitigation by industry. 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 • Allow partial sale of ceiling price gas at market rates on the exchange to enhance liquidity. • Introduce Gas Release Programs to boost market participation. • Enable resale options in contracts to increase the number of sellers. • Policy reforms to allow fertilizer plants to source gas from the exchange. • Unbundle bundled contracts for greater market flexibility. • Implement uniform taxation by including natural gas under GST Rajesh K Mediratta Deepak Mehta Indian Gas Exchange (IGX)

At IGX, we believe that a truly progressive energy sector is inclusive, diverse, and gender-neutral. Women in energy are not just participants—they are leaders, decision-makers, and changemakers driving the industry forward.   This International Women’s Day, we reaffirm our commitment to fostering an environment where equal opportunities empower innovation and growth.   Together, let’s #AccelerateAction for a more equitable future!   Rajesh K Mediratta MD & CEO, IGX   #InternationalWomensDay #FuellingEquality