Northeast gas grid to be operational by 2026: Indian Gas Exchange CEO

• Posted in OilGas
• on November 11, 2024
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Ongoing work for Northeast Natural Gas Grid are as per the schedule and will likely be operational by 2026 according to Rajesh K Mediratta, Managing Director and CEO of Indian Gas Exchange (IGX).

India’s northeast region has tremendous potential in the production of natural gas.

The region has a deposit of 6 million MMSCMD Natural Gas which can be monetized by the existing producers, said Mediratta, addressing the ‘Gas Market Development for North East’, where leading energy producers and stakeholders participated in Guwahati.

“This (grid) will add to the country’s energy security as IGX will help Gas producers to monetise stranded gas who can sell the surplus gas to the other regions,” Mediratta added, as per a statement by the gas exchange

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