Exclude electroplating units from power-intensive category: FICO to PSPCL - Hindustan Times
close_game
close_game

Exclude electroplating units from power-intensive category: FICO to PSPCL

Hindustan Times, Ludhiana | By, Ludhiana
Jan 08, 2021 10:28 PM IST

A delegation led by FICO chairman K K Seth and president Gurmeet Singh Kular met PSPCL chief engineer (central zone) Bhupinder Khosla in this regard

Punjab State Power Corporation Limited (PSPCL) should roll back its recent order that regularised power intensive unit load on electrolytes processing industries, demanded Federation of Industrial and Commercial Organisation (FICO) on Thursday.

HT Image
HT Image

A delegation led by FICO chairman K K Seth and president Gurmeet Singh Kular met PSPCL chief engineer (central zone) Bhupinder Khosla in this regard.

Hindustan Times - your fastest source for breaking news! Read now.

Calling the move “unjustified” for small electroplating processing units, Kular said it will put direct burden on the industry.

“We request you to immediately roll back the decision, otherwise industrialists will protest in opposition. The industry in Punjab is already being supplied electricity at rates dearer than the neighbouring states. This move will add to the woes of struggling units,” he said.

It was also alleged that PSPCL has been taking a U-turn on waiver of fixed charges for two months. The power corporation’s latest decision that fixed charges will be levied on the industry, though they can provide these in instalments, will increase the problems of the industry already struggling for revival, said the FICO delegates.

“How can the industry pay the fixed charges when the factories were locked? We had not locked our industries on our own. It was the government’s decision. It is requested to completely waive off the fixed charges for the period of lockdown and beyond. Moreover, the PSPCL had notified that who so ever paid bills on time during the lockdown, would enjoy 1% discount. But that amount too has been processed till date. You are requested to look into the matter and do the needful,” Kular said.

The FICO also demanded that night tariff be introduced at a rate Rs 2.50 per unit to the industry, as Punjab is surplus state in terms of power and due to winter, power demand at night is not high, so the benefit of surplus power should be provided to the industry.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!

Get latest Updates of All City News along with Delhi News, Bengaluru News, Mumbai News and Top Headlines from India
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On