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The Vizag Steel Plant is facing financial troubles and a serious coal shortage. The government, Discom EPDCL, has sent a notice to the plant to pay ₹45 crore for the month of January. An additional ₹95 crore is due from the Plant for the month of February.
K Ayodhya Ram, the head of the recognised Union CITU, stated that the facility typically purchases coal from Talcher mines. However, the plant receives insufficient coal for its 550 MW power plant. If it does receive coal, there are not enough rakes to transfer it to the plant. He claimed that occasionally, the factory receives low-quality material.
According to EPDCL sources, the plant has to pay ₹46.97 crore for the month of January. Plantvpaid ₹5 crore on Friday, sources said. They further informed that the plant has to pay ₹94.5 crore for February.
The steel plant officials said that the plant has been paying crores of rupees in various fees and taxes to the government. Pending bills or loans are common for any factory or industry, and they said it should not be sensational news.
The coal-brd power plant generated 225 MW out of its full capacity of 550 MW due to a coal shortage. " We have a facility where if we have produced more than the needed capacity, the surplus power will go to the state government, and if we require power, we will use it from the state-owned Discom. But we never get money from state government whenever we generate more power to supply the state, " the plant's recognised workers Union CITU president Ayodhya Ram said.
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