+
IGX Gas Trade Volume Sees Surge
OIL & GAS

IGX Gas Trade Volume Sees Surge

The Indian Gas Exchange (IGX) reported a significant rise in its gas trade volume in October, with a 160% month-on-month increase, reaching 8 million MMBtu. This surge reflects growing demand for natural gas and the market's confidence in the platform's trading efficiency.

The rise in IGX's trade volume highlights the increasing importance of gas exchanges in India’s energy transition. With a shift towards cleaner energy sources, natural gas plays a crucial role in India’s energy mix. The 160% growth in October demonstrates the market's growing preference for transparent and competitive trading mechanisms, which IGX provides, offering flexibility and efficiency in the trading of natural gas.

The increase also suggests broader economic recovery and industrial demand for natural gas, positioning IGX as a key player in India’s evolving energy market. As the country looks to reduce reliance on coal and improve its carbon footprint, the growth in gas trading is aligned with government policies to promote natural gas as a cleaner energy alternative.

The Indian Gas Exchange (IGX) reported a significant rise in its gas trade volume in October, with a 160% month-on-month increase, reaching 8 million MMBtu. This surge reflects growing demand for natural gas and the market's confidence in the platform's trading efficiency. The rise in IGX's trade volume highlights the increasing importance of gas exchanges in India’s energy transition. With a shift towards cleaner energy sources, natural gas plays a crucial role in India’s energy mix. The 160% growth in October demonstrates the market's growing preference for transparent and competitive trading mechanisms, which IGX provides, offering flexibility and efficiency in the trading of natural gas. The increase also suggests broader economic recovery and industrial demand for natural gas, positioning IGX as a key player in India’s evolving energy market. As the country looks to reduce reliance on coal and improve its carbon footprint, the growth in gas trading is aligned with government policies to promote natural gas as a cleaner energy alternative.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code