Logo

Logo

Coal crisis

Aluminium industry faces coal crisis

Any power outage in aluminium plants will lead to catastrophic impact and complete shutdown which will take minimum 12 months of recovery, resulting in job loss of more than 8 lakh people, banks will have debt exposure of over Rs.1 lakh crore and additional National forex loss of Rs. 90,000 crores, said the AAI.

Aluminium industry faces coal crisis

The aluminium industries association of India (AAI) has implored the government to prioritize the supply of coal to the sector to avert massive collateral damage.