RINL Incurs Revenue Loss of Rs 40-50 Cr

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The strike started on April 12 2024, after the management refused to seek higher pay and increased retirement benefits.

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The protest has been choking the supply of coking coal, a key ingredient for steelmaking.

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Reportedly, Rs 700 cr worth of coking coal and limestone has been stuck at the Adani port since the protest began.

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Unavailability of coking coal is threatening the equipment and financial health of the steelmaker, making it difficult to meet statutory payment obligations

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RINL Incurs Revenue Loss of Rs 40-50 Cr

Amid Worker's Protest at Adani's Gangavaram Port

The strike started on April 12 2024, after the management refused to seek higher pay and increased retirement benefits.

The protest has been choking the supply of coking coal, a key ingredient for steelmaking.

Reportedly, Rs 700 cr worth of coking coal and limestone has been stuck at the Adani port since the protest began.

Unavailability of coking coal is threatening the equipment and financial health of the steelmaker, making it difficult to meet statutory payment obligations