MUMBAI: The National Stock Exchange of India Ltd (NSE) is in ongoing discussions with the Indian Gas Exchange (IGX) to launch an Indian Natural Gas Futures contract, a move aimed at strengthening the country’s natural gas market ecosystem, according to an official statement on Friday.
The proposed futures product aims to offer market participants a transparent, efficient risk‑management tool aligned with India’s evolving natural gas pricing framework, the exchange said.
NSE said the collaboration would combine its deep derivatives market expertise with IGX’s leadership in spot natural gas trading, price discovery and physical market development.