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

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..