ROURKELA: Induction furnace units in MSMEs across Sundargarh district have been bearing the brunt of high power tariff for the last nine years. Unable to meet ends, a few such units have shut shop and the remaining are struggling for survival.
What’s worse is that a few disenchanted local entrepreneurs have shifted base to Jharkhand and Chhattisgarh where power bills are comparatively cheaper. While the monthly power bill of an induction furnace is Rs 90 lakh in Odisha, it is Rs 55 lakh and Rs 70 lakh in Jharkhand and Chhattisgarh respectively.
