Key facts
- Union Coal Minister G Kishan Reddy has called for a probe into missing coal.
- Approximately 40 lakh tonnes of coal have allegedly disappeared from SCCL.
- The value of the missing coal is estimated at Rs 1,600 crore.
- Singareni Collieries Company Ltd (SCCL) is the company from which coal disappeared.
- SCCL is facing over Rs 51,500 crore in unpaid dues from the Telangana government.
Union Coal Minister G Kishan Reddy has called for an immediate investigation into the alleged disappearance of 40 lakh tonnes of coal from Singareni Collieries Company Ltd (SCCL). The value of this missing coal is estimated to be around Rs 1,600 crore. Reddy conveyed his concerns regarding the potential financial ramifications for SCCL, a state-owned enterprise. This situation arises at a time when SCCL is already grappling with significant financial burdens, including over Rs 51,500 crore in outstanding dues owed by the Telangana government. The minister's directive underscores the seriousness of the coal disappearance and its potential impact on the company's stability and operations.