Coal deficit: 8 trade bodies write to PM

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.