The Telegraph
Tuesday , January 12 , 2010
Since 1st March, 1999
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Industry takes stock of losses

Ranchi, Jan. 11: The trade and industry started counting losses as the power situation limped to normalcy after three days of blackouts throughout the state following a TVNL shutdown.

General manager of TVNL S.P. Choudhury gave the good news, saying that unit No. 1 was lighted up early this morning. “The unit was synchronised into the state grid around noon. Complete normalcy was achieved by the evening,” he added.

But the industrialists continued to grumble. “The average daily turnover in the state capital is around Rs 100 crore. Though Ranchi was fortunate vis-à-vis other districts in terms of power supply, trade and industry grossed up losses to the tune of Rs 25 crore every day,” Federation of Jharkhand Chambers of Commerce and Industries (FJCCI) president Anchal Kinger said.

The situation was worse in other districts. At a business meeting organised at Daltonganj in Palamau under the auspices of FJCCI today, trade and industry representatives complained there was power supply for about just two hours in the past three days.

The prolonged power cuts forced industries and business establishments to either remain in the dark or incur additional expenses for running on generator sets, disrupted assembly lines and in many cases, prevented timely execution of job orders.

“We are contemplating to file a writ against the government on its failure to ensure proper power supply. We will also request that private players willing to set up power generating units in Jharkhand be allowed to make an entry. Privatisation of Jharkhand State Electricity Board seems to be the only solution,” Kinger said. He added that they would move a formal resolution to this effect at the next FJCCI executive committee meet before filing the case.

Most parts of the state were forced to go without electricity since last Friday after a unit at Tenughat developed a tube leakage, forcing shutdown of the entire plant. Generation plunged to around 330MW per day against peak time demand of 850MW plus.

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