ACC, Ambuja Cements Open R&D Centre in Mumbai

China set to unveil new measures to boost property sector

China has pledged new measures to support its property sector and suggested that the government may increase borrowing to stabilize the economy, as authorities work to mitigate the country's economic slowdown. At a briefing on Saturday, Finance Minister Lan Fo'an and his deputies announced that local governments would be allowed to use special bonds to purchase unsold homes, though they did not specify the amount. Lan hinted at the possibility of issuing more sovereign bonds and committed to easing the debt burden of local governments. This raised the prospect of a potential revision to the n..

India Exceeds 200 GW Milestone in Renewable Energy Production

In September, India achieved a significant milestone by surpassing the 200 gigawatt (GW) mark in renewable energy (RE) production, driven primarily by solar and wind energy. According to the latest data from the Central Electricity Authority (CEA), the total electricity generation capacity based on renewable energy sources—including small and large hydro, biomass, co-generation, and waste-to-energy—exceeded 200 GW during the month. The total RE production reached 201,457.91 megawatts (MW), with solar contributing 90,762 MW and wind energy contributing 47,363 MW. The share of non-fossil f..

ONGC explores mini-LNG plants for gas evacuation from remote fields

State-owned Oil and Natural Gas Corporation (ONGC) is planning to establish mini-LNG plants to evacuate natural gas from wells situated in areas that lack pipeline connections. The company has identified five sites across Andhra Pradesh, Jharkhand, and Gujarat for the mini plants, which will be located at wellheads and convert the extracted gas into liquefied natural gas (LNG) through supercooling it to minus 160 degrees Celsius. The LNG will then be loaded onto cryogenic trucks and transported to the nearest pipeline, where it will be reconverted into its gaseous state and injected into the ..