Karnataka pharma companies are apprehensive about the growing power
crisis in the state as the industry is forced to put up with poor
electricity supply. This follows after the minister for energy DK
Shivakumar indicating in during the State Assembly sessions on the
government’s inability to provide 24/7 power supply owing to daily
shortage of 1,000 MW of power.
The state government has now expressed that it would not be able to supply the required power to both the industry and households. This has led the industry to revise its production plans.
The pharma companies are already forced to put up with the hike in power tariff hike of 66 paise as proposed by the Karnataka Electricity Regulatory Commission (KERC). Now the industry is facing the continuous power crisis and the drug manufacturers are forced to re-align their production schedules which are hampering the operational loads, Jatish N Sheth, president, Karnataka Drugs and Pharmaceutical Association told Pharmabiz.
The state government has now expressed that it would not be able to supply the required power to both the industry and households. This has led the industry to revise its production plans.
The pharma companies are already forced to put up with the hike in power tariff hike of 66 paise as proposed by the Karnataka Electricity Regulatory Commission (KERC). Now the industry is facing the continuous power crisis and the drug manufacturers are forced to re-align their production schedules which are hampering the operational loads, Jatish N Sheth, president, Karnataka Drugs and Pharmaceutical Association told Pharmabiz.
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