Business Daily from THE HINDU group of publications Tuesday, Dec 04, 2007 ePaper | Mobile/PDA Version |
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Industry & Economy
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Textiles States - Tamil Nadu SIMA calls for uniformity in power cut schedule
Our Bureau Coimbatore, Dec. 3 The deteriorating power situation in Tamil Nadu crippling its work, the State textile industry has asked the Government and the Tamil Nadu Electricity Board to evenly distribute the power shortage. It has also asked the Government to come out with suitable power cut schedule across the State. The Southern India Mills Association (SIMA) has, in an appeal to the State Government, said that there is no uniformity in power shortage distribution. Certain circles like Chennai experienced minimal power trippings and hence the need to uniformly distribute the electricity shortage, the SIMA Chairman, Dr K.V. Srinivasan, said in a statement issued here on Monday. Dr Srinivasan noted that compared to other sectors, textile industry in Tamil Nadu consumed 35 per cent of the State’s high-tension power and it also accounted for consumption of 47 per cent of the connected load. High costsWith captive power generation (both furnace-oil and high speed diesel oil routes) becoming costlier and hence uneconomical — as the power cost of these routes works out Rs 10-Rs 12 per unit depending on the capacity and age of the gensets vis-À-vis the grid power cost of Rs 4.20 — textile mills are dependent on the electricity board’s supply. In the last one month, frequent power cuts ranging from one hour to four hours every day has caused production loss and rendered the mills’ labour force idle, leading to man-hour loss. This has come on top of other difficulties like high borrowing, raw material costs and rupee-dollar value losses suffered by the textile industry, he noted. The SIMA chief felt that with the frequent power shut-downs, the capacity utilisation loss in most mills during the week has exceeded 15 per cent and the problem is expected to aggravate during summer. He urged the State to intervene immediately and declare a scheduled power cut. More Stories on : Textiles | Power | Tamil Nadu
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