Chennai:
Confederation
of Indian Industry, Tamil Nadu has urged the state government to consider
implementing the new power tariff regime once the restriction and control
measures are lifted.
CII
said it is making the request due to the reason that the present increase in
power tariff would put an additional burden on the industry which is already
suffering from high cost of self generated power or loss of production capacity
due to the power restrictions currently in force.
CII
said that it recognises that it is essential to increase the power tariff for
improving the current financial position of TANGEDCO and for ensuring its
future capacity expansion and sustainability but considering the difficult
times being faced by the manufacturing sector it requests the government to
consider a staged revision in the tariff for the manufacturing sector.
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