Gas exchange to help price discovery, domestic consumption to rise fast: Rajiv Srivastava, CEO, Indian Energy Exchange
As India aspires to increase gas consumption to 15% of its energy mix by 2020 from 6.2% at present, the Indian Gas Exchange (IGX) launched recently is expected to facilitate gas supply to buyers who aren’t at ease with technicalities of bilateral agreements. Rajiv Srivastava, managing director and CEO of Indian Energy Exchange, told Vikas Srivastava in an exclusive interview that IGX will provide the transparency, ease and flexibility to buyers and sellers and allow open market price discovery in rupee terms even for supplies from global market. Edited Excerpts:
How do you see the IGX evolve over the coming years as far as clients, volumes and pricing of gas are concerned?
