MOUs signed to develop mechanism for Global Hydrogen Trading in GIFT City
The International Financial Services Centre (IFSC) at GIFT City has announced a strategic collaboration with the Indian Gas Exchange (IGX) and Gujarat State Petroleum Corporation (GSPC) to establish a Global Hydrogen Trading Mechanism. This initiative, set to be the second of its kind globally, places GIFT City at the forefront of the emerging green hydrogen economy.
“A key aspect of this collaboration is the subsequent launch of the Global Hydrogen Price Index, a benchmark that will play a pivotal role in price discovery and market information on the burgeoning green hydrogen market in India.
