(ET)
The planned strike at Coal India is likely to hit power supply as plants with thousands of megawatts of generation capacity have fuel stocks only for a day or less.Worker at the coal behemoth are going on a tool-down strike on September 24 to protest against the government’s decision last month to allow 100% foreign direct investment in coal mining under the automatic route.
According to a Coal India executive, while five unions have said it will be a one one-day strike, one union has called for a five-day strike from September 23, which prompted its affiliated members to start disrupting production and dispatches at Talcher coalfields, which produce more than 100,000 tonnes a day.On Monday, attendance at Mahanadi Coalfields was almost half, while production at Eastern Coalfields’ Rajmahal was affected, the executive said.
