Indian Gas Exchange Limited (IGX) and Hindustan Petroleum Corporation Limited (HPCL) inked a Memorandum of Understanding (MoU) to expand access to regasification infrastructure and foster market-based involvement in India’s natural gas industry.
Anuj Mehrotra, the Executive Director of Natural Gas at HPCL, and Rajesh Kumar Mediratta, the Managing Director and CEO of IGX, signed the agreement during India Energy Week 2026 in Goa with the goal of creating a digital platform for the transparent scheduling of regasification services at HPCL’s Chhara LNG Terminal.
In order to improve infrastructure utilisation and promote a competitive gas market in India, HPCL would offer storage and regasification facilities for booking in specific quantities and durations.
While Mediratta pointed out that the MoU is a major step toward improving India’s gas market architecture, increasing participation, efficiency, and price discovery in the natural gas sector, Mehrotra underlined that this partnership reflects HPCL’s dedication to effective and transparent access to gas infrastructure.
