From Financialexpress · FE Bureau · · 50s
Gujarat rolls back power cuts after industry backlash
Gujarat cancels weekly power cuts for South Gujarat industries following trade body complaints.
In brief
Gujarat cancels weekly power cuts for South Gujarat industries following trade body complaints. Gujarat government lifted power staggering for South Gujarat industries after industry associations reported potential losses before Diwali. Originally reported by Financialexpress.
Gujarat government cancels power staggering
Gujarat government lifted weekly power cuts for South Gujarat industries after trade bodies reported potential losses before Diwali.
Power demand hits record high
Gujarat’s power demand reached 29,822 MW on October 16 due to Navratri and increased industrial activity before Diwali.
Textiles sector fears losses
Textiles sector anticipated weekly losses of Rs. 300 crore from power staggering just two weeks before Diwali.
Industry associations welcomed decision
Southern Gujarat Chamber of Commerce and Industry president Ashok Jirawala confirmed the move would bring more investment to Gujarat.
The one thing
Gujarat government lifted power staggering for South Gujarat industries after industry associations reported potential losses before Diwali.
