Financial Daily from THE HINDU group of publications Wednesday, May 24, 2006 |
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Corporate
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Performance Industry & Economy - Climate & Weather Bad weather hits Sterlite Korba plant Our Bureau
Mumbai , May 23 Sterlite Industries India Ltd has announced that the commissioning of the 250,000 tonnes per annum aluminium smelter at Bharat Aluminium Company Ltd's Korba operations have been affected due to bad weather. "As a result of stormy weather, the captive power plants tripped, resulting in a blackout and less than optimal supply of electricity to the Korba II potline from standby sources," the company informed BSE. It is stabilising the potline under these complex conditions and some pots have been taken out from the existing production line. The remaining pots in production currently yield an output of 350 tonnes per day as compared to an average of 450 tonnes per day in March . The surplus power that is generated by the company's captive power plants due to this situation will be exported to the State grid until fully used for internal requirements, it said.
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