- A joint meeting will be held under the banner of CHIA on July 12
- PFTI Chairman Deepak Maini said that the next strategy of the industry will be decided in the meeting
Gurugram : An atmosphere of dissatisfaction and uncertainty is spreading rapidly in the industry regarding the recent increase in electricity rates in Haryana. For detailed discussion and strategy formulation on this subject, representatives of various industrial organizations will gather in an important meeting under the banner of CHIA (Confederation of All Haryana Industrial Association) in Udyog Vihar on July 12.
Sharing information about this meeting, Deepak Maini, Chairman of Progressive Federation of Trade and Industry (PFTI) said that apart from the increase in per unit rates, the uncontrollable increase in fixed charges has increased the concern of the industry. The fixed charges for the industry have been increased from Rs. 165 per KVA per month to Rs. 290 per KVA per month. The increase has been made by Rs. 125 per KVA per month.

This new burden on the industries which are already facing the pressure of cost slowdown and global competition is affecting their operational capacity. He said that the power corporation has gone from a profit of Rs. 800 crores to a loss of Rs. 4800 crores in just 4 years. Instead of investigating the reasons for this loss, the power department has allowed the increase in electricity rates without assessing the appropriate measures to overcome the loss.
Deepak Maini said that small and medium industries are being badly affected by the increase in electricity rates. The increase in production cost will not only weaken their competitiveness but many industries may come on the verge of closure. This situation is a warning bell for an industry-dominated state like Haryana.
Chamber of Industries President Ashok Kohli said that in the meeting to be held on July 12, representatives of various industrial organizations will come together and consider how to present a joint memorandum and protest letter to the state government and the Electricity Regulatory Commission.

Representatives of industrial institutions of Gurugram, Manesar, Faridabad, Bahadurgarh, Sonipat, Kundli, Panipat, Karnal, Rohtak, Rewari will be present in this meeting. Apart from this, it will also be decided that if there is no immediate positive response, then what should be the outline of the further symbolic strike or movement.
Chamber of Industries Convenor Colonel Raj Singla has appealed to all industrial organizations to play their role by attending this meeting. He says that this is the time to rise above personal interests and organize for the collective existence of the industry and policy reform.

