PRISMA and IGX partner to advance transparent and efficient gas markets in India

PRISMA European Capacity Platform GmbH (PRISMA) and Indian Gas Exchange Limited (IGX) have signed a Memorandum of Understanding (MoU) to collaborate on knowledge sharing, training, platform development, and regulatory dialogue.

PRISMA European Capacity Platform GmbH (PRISMA) and Indian Gas Exchange Limited (IGX) signed a Memorandum of Understanding (MoU) during a delegation visit to PRISMA’s Leipzig headquarters. The MoU intends to build a basis for cooperation and development of modern, transparent and efficient gas markets, explore digital solutions for booking and trading gas & LNG along with exchanging knowledge and best practices.

PRISMA and IGX will collaborate on knowledge sharing, training, platform development, and regulatory dialogue under a MoU. They will hold joint workshops, capacity-building initiatives, explore best practices in digital solutions for booking and trading natural gas and LNG infrastructure, and exchange insights to support market transparency and efficiency.

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.”