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Coal deficit: 8 trade bodies write to PM

Coal deficit: 8 trade bodies write to PM

The Hindu
Thursday, February 10, 2022 5:27 PM GMT

With no respite from the severe coal shortage faced by several units, eight industry associations representing fertilizer, paper, textile, aluminium, sponge iron and other sectors, have made a joint r

With no respite from the severe coal shortage faced by several units, eight industry associations representing fertilizer, paper, textile, aluminium, sponge iron and other sectors, have made a joint representation to Prime Minister Narendra Modi for urgent intervention.

In a letter, dated February 7, the trade bodies have stressed that the persisting coal crisis has been hurting the overall industry, especially the power-intensive plants and SMEs, forcing them to operate at reduced capacities with a looming risk of plant closures.

It also argued that at a time when Coal India Limited’s (CIL’s) production level has increased by 7% month-on-month, there is no rationale behind ‘such abysmal scare supply’ to the industries that is impeding the growth of the manufacturing sector.

Read full story on The Hindu
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