73% rise in Petcoke import in India in December 2021

17 Jan 2022 CW Team

The import of Petcoke in India increased by 73% in December 2021. The import of petcoke (petroleum coke), which is a byproduct of the oil refining process, was 9.87 lakh tonne in December 2021. The figure is 73% more in comparison with the import in December 2020. As per reports, the price of petcoke is becoming competitive with that of coal.

According to the Lavi Coal Info report, there is a 70% increase in the import of petcoke on a monthly basis in December.

As a result of the high prices and rigidity in supply, the import of the fuel-grade petcoke was slow. However, in recent times, fuel-grade petcoke is once again rising in competition with coal. The coal users are switching to fuel-grade petcoke.

In early 2021, in terms of solid fuels, the cheapest source of energy was the US high calorific value coal. However, later during the energy crisis in the global fuel market, the prices of these commodities increased.

The process of these commodities has now been reduced. However, the decrease in the pricing of petcoke was more in comparison with coal. Therefore, it is being given more by the users.

The import of petcoke has increased substantially in the past few months. The total import of petcoke was less than 50% in the last year. The largest user of petcoke is the cement sector but had switched to coal because of its affordability. However, now that the coal prices have increased and petcoke prices have reduced, it is gradually switching back to petcoke.

In December, the US petcoke import was increased by 143% and from Saudi Arabia by 63%.

Image Source

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..