NSE, IGX In Talks To Launch Gas Futures Contract

12 Jan 2026 CW Team

The National Stock Exchange of India is in discussions with the Indian Gas Exchange to develop and launch an Indian natural gas futures contract, a move aimed at strengthening the domestic gas market and aligning it with the country’s evolving gas pricing framework.

The proposed contract is intended to provide a transparent risk management tool by combining NSE’s expertise in derivatives with IGX’s leadership in spot gas trading and price discovery. It is expected to help natural gas producers, city gas distributors, power and fertiliser companies, as well as other large consumers, hedge against price volatility and improve operational planning.

Sriram Krishnan, Chief Business Development Officer at NSE, said natural gas is emerging as a key transition fuel for India, and a domestic futures contract would enhance price transparency, improve risk management and support the creation of a credible gas price benchmark aligned with Indian market fundamentals. He added that leveraging NSE’s market infrastructure alongside IGX’s physical market expertise would help build a futures product that is relevant, liquid and trusted across the gas value chain.

The proposed collaboration also aligns with India’s broader objective of increasing the share of natural gas in the country’s energy mix. Subject to regulatory approvals, NSE and IGX said they will engage with market participants and other stakeholders to ensure a smooth and effective launch of the futures contract.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..