Northern India Textile Mills Association (NITMA) has sought intervention of the Punjab chief minister Amarinder Singh to hold back the decision of hiking peak load tariff by state electricity Regulatory commission.
The president NITMA, Rajiv Garg in a statement said that industry in Punjab was expecting an early implementation of policy to supply power to industrial sector at Rs 5 per unit as was announced by the government of Punjab. The decision would make the power costlier by paise 78 from next month.
The Northern India textile industry is considering the PSERC orders as backdoor increase in hike as the power tariff are still to be announced for the current financial year.
However, the association maintained that during an interaction with Apex Chamber of Commerce & Industry (Punjab) at Ludhiana recently, the CMD of Punjab State Power Corporation Limited, Avenu Prasad had indicated that the process was underway to supply power to the industrial sector at R 5 per unit as promised by the chief minster.
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