The management of Singareni Collieries Company Ltd (SCCL) has requested the trade unions to withdraw their decision to go on strike on January 8 and 9 as the policy-related demands made by the unions are not in the purview of the company.
Director (Administration & Operations) S. Chandrasekhar on behalf of the SCCL management had a meeting with president of the recognised trade union Telangana Boggu Gani Karmika Sangham B. Venkat Rao and its general secretary M. Raji Reddy here on Saturday and requested them to ensure the attendance of workers on January 8 and 9.
The SCCL Director explained to them that the company would suffer a loss of ₹53 crore per day and workers would lose ₹20 crore wages a day with the strike.
Mr. Chandrasekhar also held talks with general secretary of All India Trade Union Congress, a representative trade union, V. Seetharamaiah and requested him to withdraw the strike call.
The Director of the company also explained to the trade union leaders about the coal production and despatches in tune with power generation needs in the State.
Govt. policy
The demands put out by the national trade unions as the reason for the strike were not in the purview of the company to resolve them. He made it clear to the trade union leaders that there were no disinvestment and commercial mining plans in SCCL and there was no scope for any such plans in the future too.
The SCCL Director further told the trade union leaders that the company was marching towards reaching the annual production target of 100 million tonnes with the help of its mines and was making all efforts for six coal blocks in Chhattisgarh and Odisha. The company could make a profit of ₹1,212 crore in 2017-18 with the help of 62 million tonnes of coal production and 64.6 million tonnes of coal despatches.
Target fixed
This year the company had already produced 45.5 million tonnes coal and target of mining another 21.5 million tonnes coal was fixed in the remainder period of 2018-19, the SCCL Director said adding that the company had to produce at least 2.15 lakh tonnes of coal every day to reach the target and earn higher profits.
