Production of induction furnaces located in OP Jindal Industrial Park in Punjipathra, Raigarh (central India) have got hampered since today evening due to power cut by Jindal, which is the sole supplier of power to the industries.The furnaces in Punjipatra may get power supply for only 12 hours a day for 4-5 day amid some technical issues in one of transformers, sources have reported SteelMint.There are about 40-45 furnaces in Punjipatra Industrial area with average production of about 5,000 t ingot/billet per day. Power cut issue may result in hike in billet prices.
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