Although petcoke continues to remain the preferred fuel of cement companies despite the recent import duty hike, the uncertainties around it could impel a movement back towards coal. However, a substantial shift would need assured supply linkage from the near-monopolist home supplier, government-owned Coal India. Cement companies had traditionally relied on coal but had begun a shift to use of petcoke over the past 10 years, as it was cost-effective.
"Petcoke usually has higher calorific value and makes more economic sense to end-users," says Deepak Kannan, managing ...
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First Published: Fri, December 29 2017. 01:15 IST
