Chairman and Managing Director (CMD) of the Singareni Collieries Company Limited (SCCL) N Sridhar has been transferred.
The State government issued orders today asking him to report to the General Administration Department.
The Collieries' Finance Director N Balaram has been given full additional responsibilities as the CMD.
Sridhar took charge as the Singareni Collieries CMD on January 1, 2015. This makes him the longest person in the history of the SCCL to serve as MD.
The Congress has for long been opposing the continuation of a single person as the CMD for such a long time. It is no surprise then that the party has transferred him within a month of coming to power.