Sesa Goa Limited, a subsidiary of Vedanta group, has
written to the state government seeking to lift ban on transportation of iron
ore during monsoon, which has resulted in drying up of their raw material
required to run two of their plants.
In a letter to District Collector (South) N D Agarwal written this week, Sesa
Goa said they will have to shut down both the Pig Iron Plant (PIP) and
metallurgical coke plant situated in Amona village of Bicholim taluka and
lay-off workers as their raw material is drying up.
Both the plants require 3,200 tonnes of iron ore daily to run their operation,
the company has said, demanding permission to ply 1,000 trucks daily between
their mining site at Codli in South Goa and Amona, where the plants are located.
The company has also expressed worries over operation of
power generating plant, which was working on the by-products generated
from both the plants.
The supply of iron ore from Karnataka has also become scarce
and very costly due to closure of all mines there, as per the Supreme Court
order and stocks getting sold in e-auction.
Source: MoneyControl
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