Strike won't impact power production much: Neyveli Lignite

Employees of state-run Neyveli Lignite (NLC) have struck work against the 5 percent divestment proposal of the company. However, the company is hopeful of the strike being called off in a day or two.

In an interview to CNBC-TV18, B Surender Mohan, chairman of Neyveli said that the there is not much impact on power production due to the ongoing strike. "The state and the union govermnent's will meet on July 11 to discuss company specific issues," he added.

The proposal for disinvestment of NLC's equity has not gone well with employees who believe in preserving the public sector character of the mining and power generation company.

The Centre currently holds 93.56 percent stake in NLC. The stake sale is being proposed done to meet the minimum public holding norm. SEBI has set a deadline of August 8, 2013, for all listed central public sector units to have a minimum 10 per cent public shareholding.

The Cabinet had last month cleared sale of 7.8 crore shares, or 5 percent of government's stake, through an offer for sale in NLC to raise Rs 455 crore at current prices.

Did You Read: Neyveli Lignite Corporation gets coal blocks for its Sirkali power project

Anda sedang membaca artikel tentang

Strike won't impact power production much: Neyveli Lignite

Dengan url

https://kesehatanda.blogspot.com/2013/07/strike-wont-impact-power-production.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Strike won't impact power production much: Neyveli Lignite

namun jangan lupa untuk meletakkan link

Strike won't impact power production much: Neyveli Lignite

sebagai sumbernya