Industry bodies in Punjab have even expressed their
unhappiness over the hike in power tariff by 12.28% by writing to the
chief minister and expressing their discontent.
According to Badish Jindal, a member of national board of
MSME said, “The industry will be worst affected by the decision as it will
have to pay 830 crore more after this revision. Besides, as an impact of cross
subsidy, the industry is also paying 981 crore as additional charge to
PSPCL.”
Few other bodies demand for a roll back and said, “We
have already expressed our discontent to the chief minister in a letter. The
industry is already facing a financial crunch and the proposed exorbitant hike
in power tariff will further debilitate the production, squeeze the liquidity
and throw it out of competition in the national and international field. A
better option for the government would be to reduce transmission losses and
cases of power theft. We demand a rollback”.
Source: The Times of India
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