In an exclusive interaction with SupportBiz, CODISSIA President R. Ramachandran said the government authorities have promised an industrial association delegation that the power breakdowns will be brought down to two-three hours a day by this weekend. A delegation compromising leaders of all major industrial associations had met the local and state electricity authorities to brief them about the gravity of the current crisis. “We elaborated our concerns to them, explained to them how badly the industries are affected. We also alarmed them that we are heading back to the same phase of crisis like the previous year and that it can make the city less desirable for investors. Moreover, a prolonged phase of power crisis of this magnitude will wipe out the industries from the city,” Ramachandran. According to the authorities, technical issues at two-three power plants are being resolved now and will shortly begin to generate more electricity.
Like in many other cities in the state, industries in Coimbatore have been suffering load shedding up to nine hours a day, bringing industrial production down to almost 70 percent. “Production units here have no clue when the power goes. It takes a heavy toll on the companies when power goes and comes intermittently,” he said. Industrial bodies have been demanding for planned power cuts so that they can avail 6-8 hours of uninterrupted power supply. The electricity authorities are in the process of setting up a policy for the same and has assured that a planned power supply system will be in place in a few months' time.
However, this unfavorable situation is taking a huge toll on the state's industrial development as more and more units are shifting their base to other states such as Karnataka and Gujarat. Betting high on the government assurance that power cuts will be brought down to a bare minimum of one hour a day in three months, Ramachandran hopes the city, with 55000 industrial units and 4-5 lakh strong workforce, will bounce back to its good old days.