The active Petcoke market in India has come under a distraction—Supreme Court’s order to ban usage of the fuel in the Delhi/NCR with effect from 1Nov’17.
The order was issued on account of the Ministry of Environment and Forests & Climatic Change failing to abide by the recommendations made by the Environmental Pollution Control and Prevention Authority to ban the usage of Petcoke and Furnace Oil by industrial units in the Delhi/NCR.
Following a petition by the National Green Tribunal on the pollution caused by the usage of Petcoke and Furnace Oil, the apex court had in May’17 directed the central government and the Central Pollution Control Board (CPCB) to fix emission standards for the 35 types of industries operating in the Delhi/NCR by end Jun’17; but the government had not complied with the court order; and the active usage of the fuels continued to persist.
Both Petcoke and Furnace Oil—by products of Crude Oil refining—are known for causing high levels of pollution. The Sulphur content in Petcoke is emitted into the atmosphere while burning in user industries. Samples of Petcoke used in the Delhi/NCR were found to contain Sulphur levels in between 69,000 ppm to 74,000 ppm.
On the other hand, Petcoke usage is going on actively in India. Currently, the prices are high due to the international supply disruption.
Source: CoalMint Research
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