Panaji
Industrial body, Goa Chamber of Commerce and Industry (GCCI) along with Goa CII and the Goa State Industries Association on Tuesday voiced displeasure on the Govt's hurried attempt to push through the new power tariff business plan for (Multiyear Distribution Tariff) MYT control period FY16-17 to FY18-19, and asked for an extension in time to review the 'complex' Business Plan.
According to a press release issued by the Director General of GCCI, R S Kamat, any large and/or unreasonable variations in power tariffs, that are an instrumental part of manufacturing costs could spell doom for industrial consumers.
As a result, the industrial bodies of Goa have demanded a considerable extension in time for reviewing the 'complex' business plan to give balanced and constructive recommendations on the same.
The GCCI press release stated a request for a time extension to study the plan, from October 30, 2015 to November 30, 2015. Simultaneously, the Chamber also asked for JERC's public hearing to be postponed to December 7, 2015 from the decided November 4, 2015.
The industry is also baffled in understanding as to why the Goa State Electricity Dept as well as JERC are in such a 'tearing hurry' to push through major changes in power tariffs.
