SCCL To Incur Rs 26 Cr Loss As Workers Continue Strike

Hyderabad, January 24: | Updated: Jan 25 2003, 05:30am hrs
With the mining workers strike entering third day Friday, Singareni Collieries Company Ltd (SCCL) has estimated an overall loss of about Rs 26 crore, according to the sources. Though the government and company officials claim that the strike is partial and the work at the open-cast mines has not been effected, the reports from various mines suggested the strike is near total and expected to continue with the left parties announcing their support to the strike.

Speaking to media, mines and energy minister K Subbarayudu said that the company has produced about 51,000 tonnes in the last two days mostly from open-cast mines.

About 12,000 workers have joined duty despite the strike call and we appeal to the workers not to be carried away by the call given by some vested interest and attend the duties in the interest of the company the minister said. Further, he clarified that there would be no privatisation threat to the company and no worker will be retrenched. Due to the strike the company is expected to incur about Rs 16 crore loss per day. The company produces about one lakh tonne of coal every day.

About 97,931 workers are taking part in the strike at SCCL raising doubts about the governments intention to privatise the mining activity.

The company has awarded works on contract basis to private agencies. The workers will lose about Rs 6 crore as wages per day as the striking workers are not being paid during the striking period, he added.

According to the sources, the mining operations were stopped in the 12 coal mines of SCCL covering four districts - Khammam, Karmnagar, Warangal and Adilabad from Wednesday.

According to the Singareni Protection Committee (SPC) office-bearers, the strike was near total in 52 mines.