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Cng

By:   •  Essay  •  259 Words  •  April 29, 2011  •  1,290 Views

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Cng

The policy of Commercial Banks and Development Financial Institutions (DFIs)

to increase the number of vehicles by providing micro financing has resulted in an ever

growing requirement of fuel for means of transportation. However, due to the evergrowing

increase in the prices of petrol and diesel, there is not only a heavy toll on the

import bill of the country but it also is a major cause of concern for consumers in terms of

affordability. Another issue in this regard is the atmospheric pollution caused by these

conventional fuels in such large quantities that it has lead the country to the necessity of

the use of a cheaper and environment friendly fuelling option. The ultimate solution to

this problem is in the shape of Compressed Natural Gas (CNG), introduced in the year

2000 in our country; it is 30% cheaper that petrol and is also environment friendly.

The CNG has now become a major area of investment in the petroleum sector and

is being actively promoted as the ultimate fuelling alternative across

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