NSE to launch India's first domestic benchmark-based natural gas futures on July 27

NSE will launch India's first exchange-traded energy derivative linked to a domestic benchmark on July 27, with the introduction of Indian Natural Gas Futures. The cash-settled contract, trading under the symbol NATGASIND, will be based on the Indian Gas Exchange's Gujarat (Dahej) hub price quoted in rupees per mmBtu, with a trading unit of 250 mmBtu. The launch received SEBI approval and aims to enable transparent, India-centric price discovery for the domestic natural gas market.