Web Exclusive | October 2012
Bescom cuts power supply, industries face hardships
Industrialists in Karnataka have said on October 5 that Bangalore Electricity Supply Company's (BESCOM) decision for a scheduled six-hour power cut a day will cause severe hardship to businesses, which are already struggling due to sluggish economy.
Giving details of supply hours and scheduled cuts, the Bescom has already issued notices to its industrial consumers in Bangalore city and all towns of the eight districts under its jurisdiction. This would cause severe hardship to the industries already struggling due to sluggish economy among others, said Bangalore Chamber of Industry and Commerce president M Lakshminarayan.
These curtailments shall not only affect the output from process industries but also erode tight margins due to usage of captive generation with diesel or heavy furnace oil, which is two to three times more expensive than grid power, he said.