Due to torrential rains in Kerala
Carborundum Universal announced that its Edapally, Koratty and Kakkanad are all safe and continue to be in operation. However, the hydel power plant of the Company generating power for captive consumption of the Electrominerals division at Maniyar has been flooded and is currently not generating power. The employees working in this plant have been moved to safety. The non-generation of power by the plant has so far not impacted the operations of our facilities in Kerala which continue to be in operation. The extent of damage and the likely time to restore generation of power at this hydel facility can be assessed only after the water recedes.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
