Industries welcome removal of power cut

High Tension (HT) power consuming industries in the region have welcomed the announcement of the State Government regarding withdrawal of 20 per cent power cut for these industries.

Welcoming the announcement, president of Tamil Nadu Electricity Consumers Association D. Balasundaram has said in a press release that the association hoped the current financial year would be completed without re-imposition of power restrictions on industries as several additional power generation facilities are coming into operation.

President of the Indian Chamber of Commerce and Industry, Coimbatore, D. Nandakumar, has said that the move would pave way for industrial and economic growth of the State, as industries and trade depend on power.

C. Varatharajan, president of the South India Spinners’ Association, has said in a press release that the textile mills are power intensive units and cost of power is a major factor that has an impact on the profitability of the mills.

The restriction and control measures should be removed permanently to facilitate sustainability of the textile mills in the long run.

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