Question
Which State Petroleum Corporation (GSPC) has signed a
memorandum of understanding with the Indian Gas Exchange (IGX) to establish a global hydrogen trading mechanism in collaboration with GIFT City IFSC ?Solution
The Indian Gas Exchange (IGX) and Gujarat State Petroleum Corporation (GSPC) signed a memorandum of understanding to establish a global hydrogen trading mechanism in collaboration with GIFT City IFSC. GSPC, along with IGX, will develop a mechanism to create an index for hydrogen and will attract global institutions to trade in IFSC.
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