Centre asks Telangana CM to probe 1,600 crore missing coal

NEW DELHI: Union ember curate G Kishan Reddy has written to Telangana main curate A Revanth Reddy, seeking an enquiry into reports of 40 lakh tonne of ember worthy astir Rs 1,600 crore missing from Singareni Collieries Company Ltd (SCCL).In his letter, the ember curate said the allegations could interaction the fiscal stableness of SCCL, particularly successful the backdrop of its existent fiscal presumption owed to unpaid dues exceeding Rs 51,500 crore by Telangana govt.SCCL is jointly owned by the Telangana govt and the Centre successful a 51:49 equity ratio and has a workforce of astir 40,000 employees.“In my view, specified allegations, if not examined with alacrity and addressed promptly, whitethorn undermine SCCL’s fiscal presumption and impede its aboriginal maturation and sustainability,” the ember curate said, adding that the adequacy of safeguards, mechanisms, and interior controls for the effectual functioning of SCCL should besides beryllium examined.