In a step toward modernising energy markets, Prisma European Capacity Platform GmbH and Indian Gas Exchange Limited (IGX) have entered into a memorandum of understanding (MoU) on gas market cooperation.
Signed during a delegation visit to Prisma’s Leipzig headquarters, the MoU aims to advance digital trading solutions, enhance transparency, and share global best practices to support India’s growing gas sector.
The agreement lays the groundwork for several areas of joint work:
As per the news reports, Rajesh Kumar Mediratta, MD & CEO of IGX, said: “India's natural gas sector is at a turning point, and digital solutions will play a key role in ensuring transparent and efficient growth. This collaboration with Prisma will help us leverage Europe's experience and accelerate the development of robust mechanisms for our market.”
Götz Linke, Managing Director of Prisma, added: “Prisma was founded to create transparent and fair access to Europe's energy infrastructure. We are proud to share our expertise with IGX and support India on its journey towards building a modern, competitive gas market. This partnership reflects our belief that international collaboration is vital to achieving cleaner, more efficient energy systems.”
Based in Leipzig, Prisma operates a cloud-based platform that connects nearly 20 European gas markets, providing digital access to more than 3,000 participants. IGX, on the other hand, is India’s authorised natural gas trading exchange, playing a central role in market development and gas trading in the country.
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The MoU between Prisma and IGX marks a significant step in bridging European expertise with India’s evolving gas market. By focusing on digital innovation, training, and regulatory insights, the partnership aims to accelerate the creation of a transparent and efficient ecosystem for natural gas and LNG trading in India.
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Published on: Oct 9, 2025, 12:45 PM IST
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