The hike in power tariff announced on Monday evoked strong reactions from the state industry, which condemned the move and called these detrimental to the growth of the industry.
Several industry associations said that the power charges for the industry in Punjab are higher than those in Haryana or Rajasthan and due to these policies, no new industry will be willing to invest in the state.
Chamber of Industrial and Commercial Undertaking (CICU), in a joint statement, said that PSPCL’s fresh tariffs hike for the financial year 2023-24 will be a huge burden for the industry.
