IGX seeks to introduce short-term gas contracts and green certificates to boost India's gas market.

The Indian Gas Exchange (IGX) seeks approval to introduce 3-6 month gas contracts indexed to global prices, aiming for a fortnightly payment cycle. IGX plans to add green certificates to meet a 1% biogas mandate for city gas sellers. They've signed an MoU with Austria's Central Europeans Gas Hub to explore trading opportunities for traditional and green gases, aiming to bolster India's gas market.

3 months ago
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