Thursday, 20 October 2011

INDIA: Power shortages may cause 35-40% industrial loss in capital region


I wonder why we haven’t seen any of this in the media - LOL
Note the source of this article.
INDIA COLLAPSING  -- "The Associated Chambers of Commerce and Industry of India said that power and water shortages may reduce Industrial production in NCR [National Capital Region] by nearly 35-40% and the competitiveness of SMEs will severely be impacted."


New Delhi: The Associated Chambers of Commerce and Industry of India said that power and water shortages may reduce Industrial production in NCR (National Capital Region) by nearly 35-40% and the competitiveness of SMEs will severely be impacted.

"The current electricity demand of different industrial locations in entire Gurgaon  has gone beyond 400 MW against its availability which is not more than 200 MW.  As a result, industrial units in Ghaziabad, Sahibabad, Mohan Nagar, Loni and towards Meerut belt are suffering daily load shedding, ranging 8-12 hours," said Mr. D S Rawat, Secretary General ASSOCHAM.

The industrial production is reported to have fallen by at least 30-35% in the National Capital Region, including Faridabad, during the past couple of months because of power cuts. The revenue generating town is facing a major problem due to this power shortage and is the main cause for lack of interest of industrialists in setting up units in Faridabad.

Nonavailability of power supply for units sometime up to 8-10 hours a day has upset the production schedules and if the power scenario remains unchanged the resultant loss in industrial production could surpass 35-40% in Faridabad, claim industrial unit owners in the city.

For article GO HERE

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