Has any of the GMC cheer leaders ever asked themselves the...

Has any of the GMC cheer leaders ever asked themselves the question.
Why did the INDIAN ferro alloy industry started to close down?
ANSWER
Cost of power
Power woes: AP ferro alloy makers cut output 50%

https://www.thehindubusinessline.co...lloy-makers-cut-output-50/article20593348.ece

“The industry has already suffered huge losses. Against a capacity of about 2.5 lakh tonnes, the industry is today producing hardly 1.5 lakh tonnes."
"Power constitutes 40-70 per cent of the production cost of ferro-alloys, used by the steel industries."

"(power distribution companies) have now proposed a 42 per cent increase in tariff for this sector, which would push up power cost from the present Rs 3.65 a unit to Rs 5.37 on energy charges alone."

"A Re 1 per unit hike in the power tariff pushes up the production cost by about Rs 4,000 a tonne for ferro-chrome and ferro manganese and Rs 9,000 a tonne for ferro silicon, industry players say."

The cost of power up from Rs3.65 to Rs5.37 ie equivalent to US$0.053/Kwh to US$0.078/Kwh

GMC power is double this.