Strongly condemning what they have termed as indiscriminate power tariff hike, industrialists from across North Karnataka have, under the aegis of Karnatak Chamber of Commerce and Industry (KCCI), set a seven-day deadline to KERC and the State government to reconsider the power tariff hike.
Addressing presspersons along with office-bearers of various industries associations from North Karnataka, KCCI president Vinay Javali said that after deliberations with member organisations and associations, KCCI has decided to set the seven-day deadline for the government and KERC to reconsider the decision on power tariff.
“It is detrimental to the interests of the industries across the State and it will force many industries to shut down as power bills for the month have increased between 25% and 75%. Already, during COVID-19-induced lockdown, several industries closed downed and now, with this hike, power, which is an important component, production has become costly,” he said.
