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Saturday, March 10, 2001

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Balco switch-off

By Aarti Dhar

RAIPUR, MARCH 9. With the smelting plant of the Bharat Aluminium Company Limited (BALCO) being switched off today, fears of new management declaring a `lock-out' were being expressed.

The management, sources here said, had almost decided upon the `lock-out' but held back its announcement until the next week.

Instead, an appeal was issued by the new Managing Director, Mr. S. C. Krishnan, asking the workers to come for negotiations. Mr. Krishnan, who reached BALCO late last night, also addressed a press conference.

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