Home / Knowledge / News / Textiles / Textile sector seeks exemption from power tariff hike
Textile sector seeks exemption from power tariff hike
06
Aug '10
The Southern India Mills Association (SIMA) has urged the Tamil Nadu State Government to keep the textile sector out of the purview of the proposed increase in electricity duty.

Distressed over the proposed increase in tariffs, J Thulasidharan, Chairman of SIMA said, in view of the ample potential for employment, severe power crisis touching around 45 percent and with lower levels of capacity utilization, State's textile industry should be exempted from the proposed imposition of hike in power tariffs, just like Kerala.

Over 70 percent of all the wind turbine generators set up in the State, are in textile sector. Still, as the evacuation capacity of wind energy is scarce, the industry is encountering heavy losses.

If the tariff is increased at this point of time, it would levy extra load on the industry rendering it in-competitive, informed Thulasidharan, during his meeting with the Government.

He also drew Governments' attention towards TNERC's directive to the State Electricity Board instructing it to not overburden the HT customers with cross subsidy. The concerned directive was very much overlooked, while deciding upon the new power tariff plan. This increase in power duties would now hike the prices of yarn by Rs 2-3 per kg, he added.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search