Indiamart Member Since
May 2011
Natural Gas
Over the years, Natural Gas has emerged as the 'fuel of choice' across the world. It is steadily replacing traditional fossil fuels due to its environment friendly characteristics which help in meeting the stipulated automobile emission norms. When compared with coal and oil, natural gas has a low carbon footprint due to its clean combustion features. Natural Gas has significant cost advantages too over crude oil and fuels such as Naphtha and commercial LPG. Demand for Natural Gas in India is primarily driven by the fertiliser and power sectors, which account for almost two-third of the country’s gas consumption. Gas-based power plants are quicker to build and incur lesser initial capital expenditure and are better suited to meet peak power demand.
Product Details
Company Details
Product Description
Over the years, Natural Gas has emerged as the 'fuel of choice' across the world. It is steadily replacing traditional fossil fuels due to its environment friendly characteristics which help in meeting the stipulated automobile emission norms. When compared with coal and oil, natural gas has a low carbon footprint due to its clean combustion features. Natural Gas has significant cost advantages too over crude oil and fuels such as Naphtha and commercial LPG. Demand for Natural Gas in India is primarily driven by the fertiliser and power sectors, which account for almost two-third of the country's gas consumption. Gas-based power plants are quicker to build and incur lesser initial capital expenditure and are better suited to meet peak power demand.
About the Company
Indian Oil Corporation Ltd. is India's largest company by sales with a turnover of Rs. 271,074 crore and profit of Rs. 10,221 crore for the year 2009-10.
IndianOil is the highest ranked Indian company in the latest Fortune ‘Global 500' listings, ranked at the 125th position. IndianOil's vision is driven by a group of dynamic leaders who have made it a name to reckon with.
In this section, read about IndianOil’s business and its spread across the country & abroad. You can also know about IndianOil's current financial performance, special initiatives and recognitions & awards that have come its way.
Seller Contact Details
Corporate Office 3079/3, Sadiq Nagar New Delhi - 110049, India
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