Business Standard

Petcoke imports on a rise as coal substitute

Largely due to users like cement companies opting for petcoke as cheaper option instead of coal

Petcoke imports on a rise as a coal substitute
Premium

Amritha Pillay Mumbai
The coal ministry has been striving to cut down on the country's coal imports and related import bill. The coal consuming sectors, however, have shifted to imported petcoke usage, adding up to the country's import bill on the petroleum side.
According to data available with the Petroleum Planning and Analysis Cell (PPAC), the country imported 39.8 per cent more of petcoke in the last financial year. This has also made petcoke the largest contributor to the total petroleum products that the country imported in that period.
"Import of Petroleum, Oil and Lubricants (POL) products increased by 17.0 per cent during March 2017

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