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Informist, Friday, Jan. 9, 2026

 

MUMBAI – The National Stock Exchange of India Ltd. is in discussion with the Indian Gas Exchange to develop and launch Indian natural gas futures, an initiative aimed to strengthen India's natural gas market ecosystem. The proposed futures aim to offer market participants a transparent, efficient, and reliable risk management tool aligned with India's evolving natural gas pricing structure, NSE said in a release Friday.

 

The introduction of Indian natural gas futures is expected to support gas producers, city gas distribution companies, power generators, fertiliser manufacturers, industrial consumers, traders, and financial participants by facilitating effective hedging against price volatility and enabling improved long-term planning, the release said.

 

"The proposed collaboration with IGX (Indian Gas Exchange) marks a significant step in NSE's efforts to deepen India's commodity derivatives markets. Natural gas is emerging as a critical transition fuel for India's energy mix, and a domestic futures contract will enhance price transparency, improve risk management capabilities, and support the development of a credible gas price benchmark aligned with Indian market fundamentals," Sriram Krishnan, chief business development officer, said in the release.

 

The proposed collaboration aligns with India's broader goal of increasing the share of natural gas in the energy basket and promoting market-based pricing mechanisms. Subject to regulatory approvals, NSE and the Indian Gas Exchange will work closely with stakeholders to ensure a smooth launch of the proposed derivatives contract, the release said. 

 

Further details on contract design and launch timelines will be announced in due course, the release said.  End

 

Reported by Reshma Ravi

Edited by Avishek Dutta

 

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