Home / Knowledge / News / Textiles / HT industries' associations demand increased power cut
HT industries' associations demand increased power cut
31
Jan '12
The acute power shortage being experienced by the HT power consuming industries in Tamilnadu since 2008 have made the industries highly incompetitive, suffering huge costs on account of power shortage. The HT consumers in general have commitments towards payment of loans, interests, commitment towards export and wages to the workforce.

The industries are neither able to meet their commitments nor close the units. The HT industries have already been suffering due to various factors including availability and engagement of labour. The power shortage in the State has only added the woes of the HT industries.

In a joint Press Release issued, Mr.S.Dinakaran, Chairman, The Southern India Mills' Association (SIMA), Mr.Mahendra Ramdas, President, Tamilnadu Electricity Consumers Association (TECA), Mr.S.V.Devarajan, President, South India Spinners Association (SISPA) and Mr.N.Ramaswamy, Chairman, Indian Institute of Foundrymen (IIF) said that realizing the inevitability of the power shortage, the industry Associations had several times come forward and put their proposals before the Government and the Electricity Board to mitigate the losses for both the industry and the Electricity Board. One such proposal is accepting the increase in the power cut from the present level of 20% to 40%.

Earlier, in the years 2007 and 2008, in order to streamline the power shortage, the then Government had declared weekly power holiday on the basis of regions to streamline the power supply. However, this had not worked practically at the implementation, as many consumers had floated the power holiday and drew power from the grid thus making the purpose of power holiday as a futile exercise.

Therefore, they insisted that the Government should consider increasing the power cut from the present 20% to 40%, as the power holiday will not suit the working of all the HT industries, in view of high number of workers employed in shifts, and avoid load shedding daily for four times to source both intra and inter-State purchase to mitigate load on TANGEDCO.

The industry leaders emphasized the need to carry on the maintenance work in the Electricity Board to avoid line losses and remove bottlenecks in the wind evacuation problems to avoid wastage of wind energy. They have requested the Government to extend the exemption of generation tax and also extend the VAT exemption on furnace oil till the R&C measures are in vogue to give further relief to TANGEDCO.

It was also appealed to the Government to exempt VAT on high speed diesel oil to encourage captive generation and give further relief to TANGEDCO. If all these measures are implemented it will have win-win situation for the industries as well as TANGEDCO, said the Presidents of industry Associations.

Southern India Mills' Association


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search