Industry in Karnataka slams power cuts by BESCOM
BANGALORE: Bangalore Electricity Supply Company’s decision for a scheduled six-hour power cut a day will cause severe hardship to businesses already struggling due to sluggish economy, industry chambers in Karnataka said today.
BESCOM has already issued notices to its industrial consumers in Bangalore city and all towns of the eight districts under its jurisdiction, detailing supply hours and scheduled cuts.
Bangalore Chamber of Industry and Commerce (BCIC) President M Lakshminarayan said the move will cause severe hardship to the industries already struggling due to sluggish economy and other constraints.
“These power curtailments shall not only affect the output from process industries but also erode tight margins of the industry due to usage of captive power generation with diesel or heavy furnace oil, which is two to three times more expensive than grid power,” he said.