An business body has sought the intervention of Odisha Chief Minister Naveen Patnaik in resolving the acute coal shortage confronted by captive energy crops in the state.
The Utkal Chamber of Commerce and Industry Ltd (UCCI) mentioned the paucity as a result of curtailment of coal provides since August was a risk to the survival of the native business, resulting in lack of lakhs of jobs.
Industries that depend on captive energy crops (CPP) in Odisha are going through alarmingly depleted coal shares of solely two-three days as in comparison with the prescribed stage of 15 days, UCCI president Brahma Mishra mentioned.
Over 65 per cent of the coal in Odisha is being provided by the Mahanadi Coalfields Ltd (MCL) to energy crops in different states, ensuing in native industries going through coal deficit, Mishra mentioned in a letter to Patnaik, urging him to take steps to deliver normalcy.
The acute coal shortage because of the diversion of the availability has introduced down the CPP-based industries, and micro, small and medium enterprises (MSMEs) to a grinding halt, ensuing in elevated costs of completed merchandise, he mentioned.
This can result in job losses of over 10 lakh folks and lack of income to the tune of Rs 15,000 crore, the letter added.
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