Promotor Backed Chemical Company Commissions 10MW Captive Power Plant, Gets Clearance for 72,000 TPA Carbon Materials
In the last week the stock price climbed 6.48 per cent while on YTD basis it is down by 13.47 per cent.
Petro Carbon and Chemicals Limited (PCCL), a prominent Indian player in the Calcined Petroleum Coke (CPC) sector, has announced a significant step towards energy independence and sustainability through the successful commissioning of a new captive power plant at its Haldia unit. This strategic infrastructure expansion is detailed in a press release dated May 9, 2025.
The newly commissioned power plant is expected to enhance the operational efficiency of the Haldia unit and contribute to energy security while aligning with the company's green initiatives. PCCL's environmental policy emphasises regulatory compliance, resource efficiency, and pollution control. The company anticipates that the demand for CPC will grow in tandem with the aluminium and steel sectors, positioning PCCL to scale its business responsibly to meet evolving industry needs.
DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, download the service details pdf here
Furthermore, PCCL is actively exploring diversification into the carbon-based recycling industry, with substantial management efforts underway to confirm the strategy and evaluate this potential growth area, aligning with global sustainability trends and long-term market demand. Looking ahead, PCCL intends to build upon its infrastructure and leverage its strategic location in Haldia to serve both domestic and export markets, establishing the Haldia unit as a robust hub for sustained carbon material supply in the region.
PCCL has reported stable operational performance, with production and sales volumes consistent with historical figures. A significant portion of the company's revenue is generated from marquee clients, including NALCO and Hindalco, which comprise a major part of its customer base. This reflects the company's strong credibility, consistent product quality, and alignment with top-tier buyers in the industry.
Petro Carbon and Chemicals Limited is a large Indian player in the Calcined Petroleum Coke (CPC) sector. CPC is a crucial raw material used primarily in the aluminium smelting industry. The company's operations include the production and sale of CPC to major domestic and international clients. PCCL emphasizes maintaining high product quality and building strong relationships with its key customers. The recent infrastructure expansion into captive power generation and the exploration of the carbon-based recycling industry indicate a strategic focus on enhancing operational efficiency, sustainability, and exploring new growth opportunities within the broader carbon materials market.
Disclaimer: The article is for informational purposes only and not investment advice.