India Claims That The Power Consumption Of The Sluice Will Result In A Loss Of 36% Of The Utilization Of The Textile Capacity.
The Minister of electricity in Tamil Nadu, India, held a meeting with industry associations and consumers in July 18th, demanding that the industry cooperate with the plan for a 24 hour blackout for a week. He promised that the rest of the time would not be restricted.
But contrary to his assurance, all the departments of the textile factory in the state have received a notice from the Electric Power Development Bureau of Tamil Nadu (TNEB), saying that the power is cut off for 2 hours every day, and the notice requires that they do not use electricity in 4 hours from 6 p.m. to 10 a.m., and at the same time, they will have to stop for 24 hours a week, so that at least 60 hours a week will be cut off.
The utilization rate of textile capacity will lose at least 36%, hundreds of thousands of workers will lose their jobs, the textile industry will lose huge cash losses, and the textile enterprises will be in a worse state and may soon be closed.
Today, at the press conference, Dr.K.V.Srinivasan, President of SIMA, said that the textile factory was shocked by the notice of the electric power development bureau (TNEB) of Tamil Nadu, and the announcement was made in July 18, 2008 by the Minister of electric power in July 18, 2008.
The Minister of power once said that if the situation worsened, the government would convene a meeting to inspect the situation.
Against this background, all textile factories in the state strongly oppose TNEB's unilateral announcement of a 60 hour blackout plan. In addition, the power bureau will also have no planned power cuts for nearly three years. This has become a common phenomenon.
President SIMA said that such a serious power shortage has occurred in recent years.
He said that because of soaring cotton prices, high bank interest rates, high pportation costs and so on, the textile industry has experienced a serious setback. Now there is such a serious power shortage in the state.
He once again earnestly asked the Minister of electricity to take immediate steps to save the pillar industries of the state.
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