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CNG stands for Compressed Natural Gas. It is one of the most viable alternatives to traditional fuel energy resources for the automotive industry. CNG is low in pollutants, high in calorific value and heat yield, economical and available in abundance globally. |
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Reasons for switching over to this alternate fuel are mainly.
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1.Economic benefit: The cost of CNG is almost a third of the cost of Petrol in terms of calorific value resulting in substantial saving in fuel cost, and investment on the CNG kit is paid back in a short period.
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2.Environment friendly: The use of CNG as a fuel reduces vehicular exhaust emissions significantly. Carbon Monoxide emissions are reduced by 70 to 90% and Hydrocarbon emissions by 40 to 60% as compared to vehicles that use the conventional fuel - Petrol. Carbon Dioxide emissions, a cause for global warming, are also reduced significantly by 10%.
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3.100% Income Tax Depreciation: Corporate Organizations, firms, etc. can claim 100% depreciation on a CNG Conversion Kit as this is a pollution controlling equipment. Organizations that buy CNG Conversion Kits should consult their Income Tax Consultants and avail of the depreciation benefits.
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4.Flexibility and ease of use: The basic engine characteristics of a vehicle are retained while converting it to run on CNG. The vehicle therefore is capable of running either on Petrol or CNG at the flick of a switch on its dashboard.
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