MSMEs in Tamil Nadu go on strike over rising power costs today
Micro, Small and Medium-scale Enterprises (MSMEs) in Tamil Nadu are on a strike today against the hike in electricity tariff, even as the State Chief Minister M K Stalin had declared few measures in light of their demands.
Under the banner of The Tamil Nadu Modern Power Buyers’ League, MSME Associations and different units have been requesting cancellation of the multi-year tariff policy and suspension of plans to effect a yearly hike in the industrial electricity tariff. The state government was also urged to reverse fixed charges to previous levels, and not to go ahead with the increase in peak hour charges for LT (low tension) buyers.
