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

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 .....

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