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Indsil Hydro Power and Manganese suspends its smelting operations

13 Apr 2015 Evaluate

Indsil Hydro Power and Manganese has suspended its smelting operations for an approximate period of a month due to very weak market conditions. Subsequently, a layoff for all workmen has been declared. The company expects normal operations should resume during the month of May, 2015.

Indsil Hydro Power and Manganese is engaged in the generation of electricity from its captive hydro electric power plant in Kerala, India. The company also involves in ferro alloy smelting.



Peers
Company Name CMP
Nava 529.05
Indian Metal & Ferro 1105.60
Maithan Alloys 822.90
Indsil Hydro Power 27.15
Chrome Silicon 38.90
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