EXCLUSIVE: NSE to pick up 26% stake in Indian Gas Exchange
The exchange is considered to be an alternative to the gas spot markets in India that provides ease of trading, payment security, and greater access to the market for its users. February 11, 2021 / 02:11 PM IST
Indian Energy Exchange | Westbridge Crossover Fund LLC sold 18,65,329 shares at Rs 165 per share. (Image: Moneycontrol)
After Adani Total Gas, Torrent Gas, and Gail (India) acquired 5 percent stake each in the Indian Gas Exchange (IGX), an arm of the Indian Energy Exchange (IEX), National Stock Exchange (NSE) is likely to acquire at least 26 percent stake in IGX.