GAIL (India) has acquired 5% stake of the Indian Energy Exchange (IEX) in its arm Indian Gas Exchange (IGX). The partnership between the IGX and GAIL is a significant development, which will go a long way and add robust value addition in development of the gas markets in the country.
GAIL is committed towards development of gas-based economy in the country. The partnership between GAIL and IGX will benefit the gas sector as a whole and pave way for further development of the gas market, more trading through gas exchange and increase in capacity utilisation of pipelines.
GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.
