Business Standard

From supplier to consumer, RIL may change India's petcoke dynamics

One of the most evident impacts that Reliance Industries would have is higher petcoke imports

Reliance Industries
Premium

Amritha Pillay Mumbai
Mukesh Ambani-led Reliance Industries (RIL) may be disrupting yet another industry, this time as a consumer. RIL's shift from being a major supplier of petcoke to a consumer may change the way cement companies source their fuel and of what kind.

As part of a larger strategy, RIL has set up a petcoke gasification project where it is likely to use its own petcoke production and also buy more from other producers. Industry analysts peg the incremental buy at about four million tonnes. With RIL supplying about 47 per cent of the domestic petcoke production, current dynamics are bound to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in