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Representative image LUDHIANA: City businessmen are up in arms against the proposed hike of 8% in the power charges demanded by Punjab State Power Corporation Limited (PSPCL). According to businessmen, the department in its annual revenue requirement (ARR) petition before the Punjab State Electricity Regulatory Commission (PSERC) has made this demand, which if accepted will ‘destroy’ the industry of Punjab. They are of the view that already the power charges for industry are among the highest in the country and even a hike of 1% will hit the already ailing industry. Giving more details, Gurmeet Singh Kular, president of Federation of Industrial and Commercial Organisations (FICO) said, “We strongly oppose the proposed hike in power tariff by the PSPCL in its ARR before the PSERC. If the hike is allowed, this will ruin the industrial sector of Punjab, especially when these are passing through the critical recovery phase after the months of lockdown and recession caused due to

Gurmeet singh kularFederation of industrialPunjab state electricity regulatory commissionMedium enterprisesPunjab state power corporation limitedCommercial organisationsLudhiana newsLudhiana latest newsLudhiana news liveLudhiana news todayToday news ludhianaPower ludhiana news todayLudhiana nwsBizmen oppose power tariff hikeகுர்மீத் சிங் குழற்கூட்டமைப்பு ஆஃப் தொழில்துறை