CICU condemns hike in electricity charges
Author(s): City Air NewsR-L: CICU president Upkar Singh Ahuja and general secretary Pankaj Sharma. Ludhiana, May 28, 2019: Upkar Singh Ahuja, President and Pankaj Sharma, General Secretary, CICU (Chamber of Industrial and Commercial Undertakings)...
cityairnews
May 28, 2019 09:30
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R-L: CICU president Upkar Singh Ahuja and general secretary Pankaj Sharma.
Ludhiana, May 28, 2019: Upkar Singh Ahuja, President and Pankaj Sharma, General Secretary, CICU (Chamber of Industrial and Commercial Undertakings) in a joint Statement said that Punjab Government imposed hike in electricity charges , which will made a huge burden on MSME sector.
They also said that Industry is passing through very crucial time due GST implementation, demonetization, Ground Water Issue, Competition in International as well as in the State Market. The Industries faces heavy production losses due to electricity breakdown at odd hours, but PSPCL has done very little to provide uninterrupted power supply to the industry.
CICU has been requesting PSPCL as well as Punjab Government to reduce the electricity charges for industry to make industry more competitive. But instead of reducing, government has put additional burden on industry by issuing new tariffs.
"Electricity is an essential raw material for all types of industry especially steel production units and burden of tariff increase will be of great setback to them", they said.
CICU leaders also questioned the timings of this order, as it has come just offer the general elections.
They also said that the current like has been done as Govt. wants to fulfill its poll promises of providing free power to Agriculture sector, while putting burden on Industry.
