Adani Total Gas and Torrent Gas have acquired how much per cent stake each in the Indian Gas Exchange (IGX), an arm of the Indian Energy Exchange (IEX)?

Adani Total Gas and Torrent Gas have acquired how much per cent stake each in the Indian Gas Exchange (IGX), an arm of the Indian Energy Exchange (IEX)? Correct Answer 5

The correct answer is 5%.

  • Adani Total Gas and Torrent Gas have acquired a 5% stake each in the Indian Gas Exchange (IGX), an arm of the Indian Energy Exchange (IEX).
  • The companies have spent around ₹4 crores for their respective 5% share each.
  • IGX launched in June 2020, is an online trading platform for physical delivery of natural gas and provides a neutral and transparent marketplace to multiple buyers and sellers.

Related Questions

The question below is followed by two statements I and II. You have to determine whether the data given is sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer.  Belly has some coins out of which some are of 25 Cent and Some are of 50 Cent. If he has a total of 250 coins, how many coins does he have of 25 Cent? I) Belly has three times as many as 50 Cent coins as 25 Cent coins. II) Belly has 20 more 25 cent coins than the 50 Cent coin.
In December 2021, which of the following has acquired a 4.93 percent stake in Indian Gas Exchange Ltd (IGX)?
Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.
Modern civilization is completely dependent on energy, which has therefore to be abundant and also economical. About 85% of the world's energy is supplied by oil, coal and natural gas while nuclear, hydro, wind and solar power and biomass supply the rest. Coal, nuclear and hydro are used primarily to generate electricity while natural gas is widely used for heating. Biomass is used both for heating and cooking. The wind and solar power is the future's hope as they are sustainable energy sources. Oil powers almost all machines that move and that makes oil uniquely versatile. Oil powered airplanes carry 500 people across the widest oceans at nearly the speed of sound. Oil powered machines produce and transport food. Oil powered machines are ubiquitous. Clearly, we live in the age of oil but it is drawing to a close. According to data available if oil production remains constant until it's gone, there is enough to last 42 years. Oil wells will produce less as they become depleted, which will make it impossible to keep production constant. Similarly natural gas and coal will last another 61 years and 133 years respectively. Naturally, as they become scarce, they become expensive, leading to a worldwide energy crisis. If we are to survive on this planet, we have to make a transition to sustainable energy sources. The transition may be willy-nilly or planned - the choice is ours. The dawning era of limited and expensive energy will be very difficult for everyone on earth but will be even more difficult if it is not anticipated. It is of utmost importance that the public and policymakers understand the global energy crisis and act in tandem to ensure that the species 'homo sapiens' does not become extinct. Biomass is an energy source used in
Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.
Modern civilisation is completely dependent on energy, which has therefore to be abundant and also economical. About 85% of the world's energy is supplied by oil, coal and natural gas while nuclear, hydro, wind and solar power and biomass supply the rest. Coal, nuclear and hydro are used primarily to generate electricity while natural gas is widely used for heating. Biomass is used both for heating and cooking. The wind and solar power is the future's hope as they are sustainable energy sources. Oil powers almost all machines that move and that makes oil uniquely versatile. Oil powered airplanes carry 500 people across the widest oceans at nearly the speed of sound. Oil powered machines produce and transport food. Oil powered machines are ubiquitous. Clearly, we live in the age of oil but it is drawing to a close. According to data available if oil production remains constant until it's gone, there is enough to last 42 years. Oil wells will produce less as they become depleted, which will make it impossible to keep production constant. Similarly natural gas and coal will last another 61 years and 133 years respectively. Naturally, as they become scarce, they become expensive, leading to a worldwide energy crisis. If we are to survive on this planet, we have to make a transition to sustainable energy sources. The transition may be willy-nilly or planned - the choice is ours. The dawning era of limited and expensive energy will be very difficult for everyone on earth but will be even more difficult if it is not anticipated. It is of utmost importance that the public and policymakers understand the global energy crisis and act in tandem to ensure that the species 'homo sapiens' does not become extinct. The energy sources of the future are