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| Exchange Disseminated Time 11/11/2016 12:44:37 | Maithan Alloys Ltd has informed BSE that captive power plant of the Company's Byrnihat Unit (Meghalaya) catering power requirement of the unit, had developed a snag resulting in stoppage of the production.
On inspection it has been ascertained that boiler tubes have leaked and it is estimated that production in the unit shall remain suspended for about a month.
The Byrnihat Unit contributes around 10% of the total revenue of the Company.
There is no insurance cover for the loss of production. |
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