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RAJESH 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...
IGX aims to quadruple gas trading volumes by 2030Indian Gas Exchange (IGX) aims to quadruple gas traded volumes to 7% of India's total consumption by 2030. This growth is fueled by expandi...
Indian Gas Exchange seeks regulatory nod to launch 3-6 month contractIndian Gas Exchange awaits regulatory approval for a 3-6 month gas contract linked to global benchmarks. The new contracts will have a fort...
Exploration, monetisation of natural gas will benefit Northeast: IGXIndia can reduce natural gas imports by utilizing deposits in the northeast. The region's surplus gas can supply other Indian regions and B...
Northeast gas grid to be operational by 2026: Indian Gas Exchange CEOThe Northeast Natural Gas Grid, slated for completion by 2026, is set to unlock the region's vast natural gas reserves. This will boost Ind...
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...
Indian Gas Exchange (IGX) plans to introduce LNG contracts to boost distribution in unconnected areasThe Indian Gas Exchange (IGX) plans to introduce liquefied natural gas (LNG) contracts on its platform, subject to approval from the Petrol...
First natural gas exchange to be unveiled by MarchThe world’s second most populous nation has been mulling a gas exchange for several years.
Spot power price nearly doubles in past 1 monthA price of Rs 5 per unit is a six-month high. It had last crossed Rs 5 per unit in September, when power plants were facing coal shortage.
Renewable power companies compete with thermal plants in spot marketReNew Power has become the first renewable co to compete with coal-based plants as it has received better tariffs than those discovered in ...
Power prices climb to a year's high on heavy mist in NorthMist can cause transmission lines to trip and authorities have started regulating power supplies as a precautionary measure, according to e...
Over 1 crore renewable energy certificates unsold at IEXRenewable Energy Certificates (RECs) are aimed at providing an easier avenue for various entities, including power distribution companies, ...
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.
Power demand jumps 8,000 Mw, results in electricity prices doubling to Rs 5/unitDemand for power surged to the season’s highest on Monday as scanty rains increased humidity levels in most parts of the country.
Indian Energy Exchange launches mobile applicationThe mobile app, available for Android device, grants easy access to real-time price and volume information in the day-ahead power market
Unsold renewable energy certificate count reaches 23 lakh and increasingDue to dearth of buyers, Indian REC market has crashed. "There are enough RECs in the market to meet current & upcoming demand for next 3 y...
- IEX, global power bourses to discuss SAARC-based electricity market next month
Over 30 power trading exchanges from across the globe will meet in Delhi next month to explore possibility of setting up a SAARC-based elec...