IGX: Getting what it wants from the government – 26 Aug 2021

There has been an increase in business conducted through the India Gas Exchange (IGX)

Volumes are going up as spot prices have become expensive

Also, recent regulatory changes, including permission for domestic producers to sell on the exchange, has come as a bonus

But IGX may have the first-mover advantage, as it has been able to pick up equity stakes from some major buyers and sellers, but others can well come into this business. And since IGX has laid the groundwork, it may be easier for competitors to get in and thrive

IGX has good lobbying power, and it is looking for more concessions, including one that can make the all-important difference for the exchange