The International Financial Services Centre (IFSC) at GIFT City has entered into a strategic alliance with the Indian Gas Exchange (IGX) and Gujarat State Petroleum Corporation (GSPC).
This collaboration aims to establish a pioneering Global Hydrogen Trading Mechanism.
This initiative is the second of its kind globally.
It will make GIFT City as a frontrunner in the global green hydrogen market.
This alliance is set to introduce the Global Hydrogen Price Index.
It is a benchmark designed for price discovery and market information in the rapidly growing green hydrogen sector in India.