MSMEs likely to see another hike in power cost this year

The Micro, Small and Medium-scale Enterprises (MSMEs) successful Coimbatore volition spot different hike successful powerfulness tariff this twelvemonth and the manufacture associations program to entreaty to the newly-formed authorities to trim the powerfulness charges.

According to M. Karthikeyan, president of the Coimbatore District Small Industries Association, determination person been hikes for 4 consecutive years now. The fixed charges that were ₹30 a KW for the MSMEs were accrued to ₹150 successful 2022, ₹153 successful 2023, ₹160 successful 2024 and ₹165 past year. There volition beryllium an summation this twelvemonth excessively due to the fact that of the bid of the Tamil Nadu Electricity Regulatory Commission fixed successful 2021 that determination volition beryllium an yearly summation for 5 years.

J. James, president of the Tamil Nadu Association of Cottage and Tiny Enterprises, said the prices, depletion charges and fixed charges, volition summation this twelvemonth excessively unless the caller authorities decides to sorb the hike. “However, we volition entreaty to the authorities to bring down the charges for the MSMEs,” helium said.

For the MSMEs successful the occidental districts, the hike successful powerfulness charges each twelvemonth for the past 4 years has accrued the accumulation outgo and they person made repeated representations to the authorities demanding simplification of charges.