Petcoke use fell in Q4 FY21 amid rising fuel prices

02 Jun 2021 CW Team

Indian cement producers reduced the proportion of coal in their fuel mixes in the fourth quarter of FY21 amid rising fuel prices.

According to the media, Ramco Cement company's petcoke use was 41% in the FY2021 compared to FY20 when it was 48%. Dalmia Bharat subsidiary Dalmia Cement has used 52% petcoke into its cement fuel in the fourth quarter of FY21, ended on March 31 as compared to 70% in the third quarter of 2021.

In a similar comparison period, Aditya Birla subsidiary UltraTech Cement reduced its petcoke use from 77% to 30%. The company replaced the fuel with 60% coal, compared to 10% in the third quarter of FY21.

The prices of petcoke are more than double year-on-year to $130 per tonne in the fourth quarter of FY21. The leading cement producers are to switch fuels. The prices of coal have consequently risen by 82% to $100 per tonne. The cement producers depend on the import of both the goods.

As we have reported earlier, cement production fell by 5.5% during February 2021 compared with a 5.8% decline witnessed during January 2020 and a 7.8% increase during February 2020. Slow pick-up in infrastructure projects and waning pent-up demand can be ascribed to a drop in production during the month. Usually, cement production is high during Q4 as construction activities are at its peak.

Image Source

Also read: Cement demand to grow 4-7% in FY22: CARE

Also read: Cement demand may surpass 340 mt in FY22: ICRA

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..