Government Cuts Natural Gas Prices

03 Oct 2024 CW Team

The Indian government has reduced the natural gas price for October 2024, lowering it from $7.85 per million British thermal units (MMBtu) to $7.48/MMBtu. This adjustment reflects changes in the global energy markets, aiming to make natural gas more affordable for industries reliant on it, such as power generation, fertilizers, and city gas distribution. The price reduction is expected to ease operational costs for these sectors, ensuring more economical use of energy resources across the country.

This decision aligns with the government's broader strategy to provide balanced energy prices, stabilize market fluctuations, and support domestic economic growth. By reducing natural gas prices, the government hopes to mitigate inflationary pressures on energy-intensive sectors while promoting a shift toward cleaner energy sources.

Industries like power plants and city gas distribution networks will particularly benefit from this reduction, as it helps manage fuel costs while ensuring reliable energy supply. Additionally, consumers who rely on piped natural gas (PNG) and compressed natural gas (CNG) are likely to see a positive impact on their energy bills, leading to further economic advantages.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..