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RAJESH KUMAR MEDIRATTA
Indian power firms snap up gas to meet rising night-time cooling demandIndia's power companies have significantly boosted natural gas purchases from a domestic exchange, quadrupling them to combat soaring summe...- NSE sells 1% stake in Indian Gas Exchange to comply with regulatory normThe National Stock Exchange (NSE) has offloaded around 1 per cent stake in Indian Gas Exchange (IGX), the country's first online delivery-b...
- Indian Gas Exchange to launch Rs 600-700-cr IPO by December 2026Indian Gas Exchange, the country's first online delivery-based trading platform for natural gas, is likely to launch an initial public offe...
- Indian Gas Exchange plans to offer 3-6 month contractsThe Indian Gas Exchange (IGX) seeks approval to introduce 3-6 month gas contracts linked to international gas prices. It has applied to the...
- Independent natural gas transport system operator likely soonThe oil ministry discussed plans to establish an Independent Transport System Operator (TSO) to manage the natural gas pipeline's common ca...
- Need to unbundle natural gas marketing and transportation, says Indian Gas Exchange CEOIndian Gas Exchange (IGX) CEO Rajesh Kumar Mediratta advocated for an independent system operator to ensure fair access to natural gas pipe...
- IGX launches ssLNG contracts, to take gas availability beyond national grid"The introduction of ssLNG contracts on IGX aims to address the growing gas demand from industries and CGD (City Gas Distribution) companie...
- ACME Group, IGX tie up to explore collaborations for green hydrogen, ammonia projectsThe memorandum of understanding (MoU) between ACME Group and IGX was signed at the ongoing India Energy Week in Goa. The collaboration aims...
- Gas price drop to make industrial users shun dirtier fossil fuels, says Indian Gas Exchange headTrading volumes on the Indian Gas Exchange are set to rise due to a greater availability of cheaper supplies, Chief Executive Officer Rajes...
- Appellate Tribunal for Electricity postpones trading of renewable energy certificates"Trading of RECs scheduled on July 29, 2020 shall be postponed by four weeks. It is made clear that if validity for any REC is going to be ...
- Govt gives go ahead to electricity derivatives, forward contractsSources said delivery-based long-term contracts are likely to be traded on power exchanges under CERC’s jurisdiction, while the derivative ...
- Contours of green markets for short-term trade being worked uponExperts said the green markets will give an option to renewable energy companies to sell their power, particularly in context of recent exa...
- First natural gas exchange to be unveiled by MarchThe world’s second most populous nation has been mulling a gas exchange for several years.
- Distribution companies expect Delhi's power demand to touch 6,400 MwLast year, the peak summer demand was 5,900 Mw. The power distribution arms of Reliance Infrastructure and Tata Power supply electricity to...
- Importance of flash sales: E-tailers face challenge of ensuring that disloyal consumers come backFlash sale typifies both the promise and peril posed by such sales push for India’s fast growing e-commerce companies such as Flipkart.
- Lesser power demand in winter to ease pressure for gencosIEX traded 125 million units of power due to rising demand for power. This is the highest since September 8, 2013 when the exchange traded ...
- Indian Energy Exchange gears up for cross border power tradePurchasing electricity through the exchange would also ensure price discovery through a transparent and neutral platform, according to IEX.
- India to see a big rise in power demand this yearElectricity demand in India may go up substantially this year as forecasters predict the possibility of an extended summer, with El Nino al...
- Indian, overseas power exchanges to discuss issues next monthRepresentatives from the Indian Energy Exchange will deliberate on electricity trading and related issues here next month.
- Scanty monsoon deepens financial woes of power distribution companiesThe utilities, with aggregate distribution losses of about Rs 82,000 crore, are being forced to buy costlier power from the spot market.
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