MSME, powerloom units oppose proposed power tariff hike in TN

by IANS |

Chennai, Aug 9 (IANS) The MSME units and the powerloom units in Tamil Nadu have strongly objected to the proposed power tariff hike.

The Tamil Nadu Electricity Regulatory Commission has already requested the public to vent their opinion regarding the proposal submitted by the Tamil Nadu Generation and Distribution Company (Tangedco).

R. Balakrishnan, a leader of the MSME association in Chennai while speaking to IANS said, "It is to be noted that earlier the fixed charges Low Tension (LT) power tariff was Rs 35 per unit for a month. Presently, it is split into three categories. It is now proposed at Rs 100 (per month) for 0 to 50 units, Rs 325 per month for 50 to 100 units, and Rs 600 per month for above 100 units. This is an astronomical hike and we cannot survive."

The MSME leader also came down heavily against the proposal of the government to hike power tariffs by 6 per cent every five years and said that the move was irrational. He said that while there was no hike in power tariff for the past eight years, the hike has to be done systematically and in steps and not in a single shot as is being proposed presently.

In a related development, the powerloom owners in Tiruppur and Coimbatore have also come out strongly against the proposed hike in the charges.

Secretary of Powerloom association, R. Veluswamy while speaking to IANS said, "We are suffering from yarn price increase and now the proposed power tariff hike will add to our woes. As we came to know that the proposed power tariff hike will be Rs 7 per unit for a power loom and it is way higher from the earlier charge of Rs 4.60 per unit. The demand charge will also go up from Rs 70 a month to Rs 200 a month."

He said that there will be a direct increase of 32 per cent in power bills due to these proposed reforms and added that the association is petitioning the government for a cut in power tariff and will appeal to the TN Electricity Regulatory Commission.

Latest News
South Korea, Japan could consider simplified entry agreement amid warming ties: Seoul official Fri, Apr 26, 2024, 04:33 PM
CM Vijayan loses cool when asked if elections would be assessment of his governance Fri, Apr 26, 2024, 04:31 PM
Brand owners may look at chess GM Gukesh and others for endorsement deals Fri, Apr 26, 2024, 04:29 PM
Global connected car sales to exceed 500 million in 2030, India to be among top nations Fri, Apr 26, 2024, 04:11 PM
INDIA bloc aims to divide the country on religious grounds: UP CM Yogi Adityanath Fri, Apr 26, 2024, 04:07 PM
FairPoint: If mangoes were for bail, then CM Kejriwal would ride out of jail Fri, Apr 26, 2024, 04:01 PM
Hulkenberg to leave Haas for Sauber at the end of F1 season 2024 Fri, Apr 26, 2024, 03:54 PM
Kia's net profit up 32.5 pc in Q1; India sales drop due to aging models, geopolitical factors Fri, Apr 26, 2024, 03:47 PM
We will implement UCC in entire country, it is 'Modi ki Guarantee': Amit Shah Fri, Apr 26, 2024, 03:45 PM
Three dead after mini car falls into paddy field in Japan Fri, Apr 26, 2024, 03:09 PM
Amid scorching heat, Tripura East records 55 pc turnout till 1 p.m. Fri, Apr 26, 2024, 03:07 PM
Omar Abdullah opposes any move to postpone polls in Anantnag-Rajouri LS seat Fri, Apr 26, 2024, 03:01 PM
Ahead of selection day, looking at India's likely squad for the T20 World Cup Fri, Apr 26, 2024, 02:46 PM
Indian startups file 83,000 patents in FY23; AI, neurotechnology lead Fri, Apr 26, 2024, 02:44 PM
South Korean health officials call for vaccine over spike in whooping cough cases Fri, Apr 26, 2024, 02:36 PM