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Swarnendu Bhushan
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MOSL: OIL & GAS-Industrial pollution: Next driver for gas consumption

Oil & GAS: Industrial pollution: Next driver for gas consumption

 

  • In our note , we had highlighted how the National Green Tribunal (NGT) is taking a serious view on curbing industrial pollution.
  • In a subsequent order to the one discussed in our earlier note, the NGT has called for strict action against pollution control boards (PCBs).
  • Our broad calculation suggests that replacement of dirty fuels could easily result in incremental demand of ~100mmscmd for natural gas. GAIL, GSPL, Petronet and a few city gas distributors (CGDs) will be the biggest beneficiaries of the same.
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Motilal Oswal
Motilal Oswal

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Swarnendu Bhushan

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