The Confederation of Indian Industry has welcomed the restriction and control measures by the Tamil Nadu Government to manage the power situation.
According to a press release from the CII the decision including 40 per cent power cut to all industrial and commercial consumers, two hours load shedding in Chennai and suburbs, four hours load shedding in other rural and urban areas, evening peak hour restriction for commercial consumers and power holiday to all industries will help prevent unscheduled power cuts and support the Industry to plan in a better way.
This will also lead to fair and equitable distribution of power and result in alleviating the current pressure on Industries and the public while industries can continue their business though there will be power cut.
The CII assured Industry support to the Government on this decision and full cooperation. CII has also urged industry members to adhere to the power holidays to ensure successful implementation, the release said. (EOM)