New Delhi, Jan. 10 -- The National Stock Exchange of India (NSE) has announced that it is in discussions on a strategic collaboration with the Indian Gas Exchange (IGX) to develop and launch Indian Natural Gas Futures, a landmark initiative aimed at strengthening India's natural gas market ecosystem.

Proposed Indian Natural Gas Futures

According to an NSE statement, the proposed futures contract will offer market participants a transparent, efficient and robust risk-management tool, aligned with India's evolving natural gas pricing framework. The initiative seeks to deepen market-based pricing and enhance confidence across the gas value chain, reported ANI.

The collaboration brings together NSE's deep expertise in derivatives markets a...