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The Pet Coke Opportunity
Pet Coke has immense potential to become the fuel of choice for Indias cement kilns, if concerns over the pollution that this fuel emits can be overcome. Again, the cost of manufacturing cement depends on the input costs of fuel. Over the past few years, pet coke, as a fuel, has been addressing this need. But a few concerns remain. For example, the recent decision by the apex court to review use of pet coke is likely to be a major blow to the use of this commodity.