Cement Industry Current Affairs - 2020

GoI: Quota Allocation Procedure for import of Calcined Pet Coke initiated

On April 20, 2020, the Government of India has laid down procedure to allocate quota for the import of calcined pet coke in the financial year 2020-21.

Highlights

In October 2018, the Government of India permitted imports of certain quantity of pet coke in order to use it as fuel in anode making. Earlier, the GoI had banned import of pet coke. Import of petcoke was allowed only in lime kiln, cement, gasification and calcium carbide industries. Now the Directorate General of Foreign Trade has invited applications for import of pet coke.

Pet Coke is mainly used in aluminium industry as raw material.

Pet Coke imports

India is the largest consumer of pet coke in the world. India imports over 27 million tonnes of pet coke from US alone. Pet coke emits over 11% more green house gases than coal.

What is Pet Coke?

Petroleum Coke is called Pet Coke. It is rich in carbon and is derived during oil refining. It consists of more than 80% of carbon.

Web Portal launched to provide star rating of coal mines

The Ministry of coal launched web portal in New Delhi to provide star rating of coal mines. Based on the star rating the highest scoring mines are to be awarded.

Highlights

According to the new system, the mines scoring between 91% and 100% will get 5 star, below 91% and above 81% will receive 4 star and so on. The coal mines will be provided with login id to self evaluate themselves by submitting required documents. The mines are to be rated based on 50 parameters.

Current Scenario

India consumes coal predominantly for electricity generation. The other industries that consume coal include steel and washery, cement industry and sponge iron industry. In 2017-18, India consumed 896.34 million tonnes of coal. However, due to higher demand, India imported 208 million tonnes of coal in 2017-18.

In order to reduce coal imports, Ministry of Coal has set target of 1 billion tonnes by 2023-24.

The states such as Odisha, Jharkhand, Chhattisgarh, Madhya Pradesh, West Bengal, Maharashtra and Telangana account to 98% of total coal reserves in India