Indian Energy Exchange (IEX), India’s premiere Energy Exchange and Indian Oil Corporation (IndianOil), India’s largest oil refining and fuel marketing firm, announced IndianOil’s strategic equity stakes of 4.93% in Indian Gas Exchange Ltd. IEX has divested 4.93% equity stakes to IndianOil. IEX and NSE (National Stock Exchange) are promoters and other strategic investors in IGX…
Oil and Natural Gas Corp (ONGC) said it has acquired a 5 per cent stake in Indian Gas Exchange (IGX). “ONGC signed a Share Purchase and Shareholders Agreement (SPSHA) with the Indian Gas Exchange (IGX) and the Indian Energy Exchange (IEX) in the presence of Oil Secretary Tarun Kapoor and ONGC head Shashi Shanker,” the…
Adani Total Gas and Torrent Gas have acquired 5 per cent stake each in the Indian Gas Exchange (IGX). According to officials, both the companies have spent Rs 3.69 crore each for the 5 per cent stake. IGX is a wholly-owned subsidiary of the Indian Energy Exchange (IEX). It is the first gas exchange in…