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New Delhi: The government has raised the administered price mechanism (APM) gas price for state-run producers like state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) to $7 per mmBtu, up from $6.75 per mmBtu. The revision follows the pricing mechanism that the government had approved in 2023, according to an official notification. The revision applies to gas produced from legacy fields under the regulated pricing regime. APM gas makes up for about 60 per cent of the d ...Read More >
Adani Cement accounts for nearly 30% of the cement used in India's housing and infrastructure projects. Ahmedabad: Adani Cement and Finnish company Coolbrook on Wednesday announced to deploy world's first commercial 'RotoDynamic Heater' to advance cement decarbonisation at the Boyareddypalli Integrated Cement Plant in Andhra Pradesh. This marks the first industrial scale deployment of Coolbrook's RDH technology, advancing Adani Cement's net-zero goals achievement by 2050 (validated by the SBT ...Read More >
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