Indian Gas Exchange- Online Delivery Based Gas Trading Platform

Published on June 17, 2020
Current Context: Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan has launched India’s first online delivery based natural gas trading platform named as Indian Gas Exchange (IGX).
Indian Gas Exchange- Online Delivery Based Gas Trading Platform
  • It has been launched with an aim to provide a clean, affordable, sustainable and equitable supply of energy to every citizen.
  • Headquarter of IGX is New Delhi and the Director will be Rajiv Srivastava.
  • Indian Gas Exchange (IGX) will provide seamless trading experience to the customer as it is a fully automated web-based interface.
  • It is the wholly-owned subsidiary of the Indian Energy Exchange (IEX), India’s energy market platform.
  • IGX is India’s vision on mega investments on LNG terminals, gas pipelines and City gas distribution infrastructure.

Question: 

Q.1 Who has launched India’s first online delivery based natural gas trading platform named as Indian Gas Exchange (IGX)?
a. Nitin Gadkari
b. Piyush Goyal
c. Dharmendra Pradhan
d. Ravi Shankar Prasad

Q.2 Where is the headquarter of India’s first online delivery based natural gas trading platform named as Indian Gas Exchange (IGX)?
a. Uttar Pradesh
b. New Delhi
c. Maharashtra
d. Gujrat

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