Business Daily from THE HINDU group of publications
Thursday, Nov 13, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Power
States - Tamil Nadu
TN chamber pleads for priority to streamlining power distribution


Our Correspondent

Madurai, Nov. 12 Tamil Nadu Government must accord top priority to 24-hour power supply unmindful of cost to prevent a breakdown of the economy, the Tamilnadu Chamber of Commerce and Industries said.

The chamber is afraid that the “number of public welfare schemes implemented by the Tamil Nadu Government would be of no avail if the Government does not set right the immense production deceleration, loss of employment and price escalation caused by the present unprecedented power shortage in the State”.

In a statement here, the senior president of the chamber, Mr S. Rethinavelu, while welcoming the recent move by the Government to permit third party sale of power by private producers, said that if they were allowed to sell power only to large industries having connected load of 5MW and above, the decision would not benefit small industries.

Though the scheme for granting subsidy for small and medium industries to purchase generators is praiseworthy, with the cost being as high as Rs 12 per unit, the chamber has expressed its scepticism over the scheme producing the desired result. Further, “it remains to be seen for which sector of industries it would be a viable proposition to buy power from private power producers at a higher cost”, he said.

Stating that a number of proactive suggestions mooted by the industrial sector to lessen the impact of power shortage, though agreed in principle, are yet to be implemented and some still await consideration, Mr Rethinavelu added that the Government should take immediate steps to implement the demands without minding the cost factor.

Suggestions

In his appeal, he suggested that large industrial units possessing high-power diesel generators and keeping them idle should be motivated to generate power by ensuring supply of adequate diesel and the Tamil Nadu Electricity Board should procure power produced by them at cost price and supply it to the industrial sector.

The temporary permission of third party sale by private power producers should be made a permanent policy and they should be allowed to sell power to those having 100KW connected load so that the benefit accrues to small and medium industries, he said. The Chief Minister should exert his influence with the Central Government to remove the import ban on low-cost fuel, Supreme Kerosene Oil, Mr Rethinavelu added.

More Stories on : Power | Industry Associations | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
Max Mueller Bhavan in Kerala


Motor insurance set to become dearer
Market capitalisation to GDP ratio crosses 100% in 2007-08
‘G20 must help restore confidence of investors’
Industrial growth slips in Sept; but ‘encouraging’
Rural-urban gap widens in reform years
Distillery’s claim for duty waiver on wastage of rectified spirit during curing rejected
Mahindra plans to spread out ‘world city’ model
Fuel price cut only after crude prices, rupee stabilise: Deora
India misses out on global health fund’s largesse
GMR to delay barge-mounted power plant shift to Kakinada
TN chamber pleads for priority to streamlining power distribution
12 companies interested in reopening mines of Coal India
TRAI suggests State govts, political parties stay away from broadcasting activities
ISB to set up campus in Mohali
Double whammy for SMEs in Pune auto hub
Gujarat to upgrade Civil Hospital in Ahmedabad
Lanco Hills hikes project cost to Rs 7,200 cr
Thrusting insurance policies along with SHG loans not justified: Reddy
Chandrayaan-1 reaches lunar slot
President’s colours
Seminar on global business


Brandline



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line