A rapidly increasing population, and growing urbanisation has put immense pressure on energy and natural resources in India as traditional sources of energy such as fossil fuel reserves are rapidly depleting. Alternatives to traditional fossil fuels are vital to help the country avert an impending energy crisis. Natural gas is a growing alternative to coal and all out efforts should be made to harness this valuable resource and set up infrastructure for the supply and distribution of natural gas as a substitute to coal.
Increasing pollution in large urban metros has also resulted in demand for alternatives like CNG and ultra low sulphur diesel with low particulate emission to ensure relatively low emission as per internationally accepted norms.
- Sub segments in the sector:
- Crude oil and natural gas
- Coal and lignite
- Forestry and timber
- Oil and gas
- Precious metals