Make This Your Homepage   •   Bookmark Us   •   Download our Toolbar  
India Education Diary : Eden of Education
HomeAdmissionEdu PolicyScholarshipExamNotificationsCompetitionsExam ResultsEdu Jobs
SEARCH

32% of industrial units across India face power shortage of over 10 hours a week: FICCI-BRIEF Survey
Friday, January 18, 2013
  Related News
A Private Universe of artist Sakti Burman by Art Alive Gallery
Monday, March 14, 2016
Report by Santanu Ganguly, New Delhi: Art Alive Gallery has organised legendary artist Sakti Burman's landmark solo show and a book on his work and journey, titled 'SAKTI BURMAN: A Private Universe'.
Pakistani politician and former diplomat Syeda Abida Hussain's book launched
Thursday, February 25, 2016
New Delhi: Oxford University Press, the world’s largest university press, launched Pakistani politician and former diplomat Syeda Abida Hussain’s Power Failure: The Political Odyssey of a Pakistani Woman at India International Centre in New Delhi today.
IIMB to host Best Practices Exchange Meet on February 26, 2016
Thursday, February 25, 2016
Bangalore: The Supply Chain Management Centre, Airbus Chair and Supply Chain Practitioners Council (SCPC), a Bangalore Areas Professional Network, are organizing the ‘Best Practices Exchange Meet’ on Friday, February 26, 2016, at the IIMB Auditorium.
Asia Education Summit on Flexible Learning Strategies for Out-Of-School Children Opens
Wednesday, February 24, 2016
Bangkok: More than 550 development workers, government officials, education practitioners and private sector representatives from 22 countries have gathered to share innovative strategies on how best to reach Asia’s millions of out-of-school children.
Tata Steel organises Art-in-Industry camp
Wednesday, February 24, 2016
Jamshedpur: Tata Steel is all set to organise Art-in-Industry camp at the Centre for Excellence, Jamshedpur, during February 18-21, 2016.


Report by India Education bureau, New Delhi:  As many as 61 per cent of the firms suffer above 10 per cent shortfall in production due to power cuts; 13 per cent suffer 2-5 per cent shortfall in production, 12 per cent suffer 6-10 per cent and only 14 per cent, mainly in Gujarat, Karnataka and Maharashtra, suffer less than 2 per cent production losses, assuming that the firms do not rely on power back up units to ensure continuous production activity. This finding is revealed by a Survey by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Bureau of Research on Industry and Economic Fundamentals (BRIEF), ‘Lack Of Affordable and Quality Power: Shackling India’s Growth Story’.
The survey conducted over the last three months covering 650 large, medium and small industries in 20 states across India. Of the 650 companies interviewed, 67 per cent were privately owned and 28 per cent were either private partnership or individual ownerships. Only 3 per cent of the total sample was public sector or government run units and 2 per cent were from the multinational corporation category. 
The survey reveals that companies in Gujarat incur low losses as power shortages in Gujarat are negligible. Companies in Karnataka are in the IT-enabled services sector which is not as power intensive as Iron and Steel, Aluminium etc. and hence suffer less production shortfall as compared to the electricity intensive sectors. It was observed from the survey, that Maharashtra, which as a mix of both IT and manufacturing companies,  like Gujarat, does not suffer as acutely by power shortages as some of the other states around the country. 
Based on these and other findings,  the survey recommends the following 10-point policy package to provide affordable and quality to industrial consumers:
• Increase capacity of installed sources
• Ensuring communication to load dispatch centre and an extensive review and audit of the 
protection systems.
• Implementation of smart grid
• Grant of  open access option to the consumers, which will allow all the bulk consumers to 
choose their distributors must be operationalised.
•Use of alternate sources of power generation must be encouraged
• Incentivize ‘green’ architecture or building such that conventional energy usage can be 
minimized to its lowest possible amount.
• Awareness and education programs on green technology 
• Create industrial cooperatives that can source electricity or have a dedicated captive 
generation source • Provide clear and public information on power cuts.
• Stricter laws and penalties for the theft and unsanctioned use of electricity
• In-depth study on the normal requirements of different sectors in the country
The survey notes that firms are facing cost escalation, losses in revenue, increased consumption of fuel, increased investment in captive facilities, higher inventory costs and loss in competitiveness and many other issues that are seriously detrimental to the health and stability of the Indian industry. 
Almost two-thirds of the firms in the Indian industry feel that because of the power shortage and intermittent supply, they are losing to their international competitors and thus losing their previously captured international markets. Not only does this limit future  expansion as companies remain wary of not being able to compete, the Indian economy which depends highly on firms trading in the international markets is affected as well. 
The results show that approximately 37 per cent of firms, mainly in Gujarat, Maharashtra and Karnataka face less than 1 hour of power shortage in a week and at the same time 5 per cent suffer 21-30 hours per week and 21 per cent suffer more than 30 hours per week (primarily in Tamil Nadu and Andhra Pradesh). Further, it was also found that 16 per cent face 6-10 hours per week, while 15 per cent face between 1-5 hours weekly. This makes it evident that that no segment of the industry pan-India is safe from negative impact due to power losses and power outages. Overall, 32% of industrial units across India face power shortage of over 10 hours a week.
The survey notes that 54 per cent of companies were aware in advance of the load-shedding schedule. While more than half of the companies are aware and the information is available, the awareness of load-shedding should be far more widespread. Within the 46 per cent, the majority of companies that did not know the schedule were from particular states. This implies that the information though available is not as uniformly available as it should be and that stakeholders in certain states are hence unprepared for power cuts, increasing the negative impact of power outages on their operations. A centralized information channel must be set up, such that the entire Indian industry, not just companies in a few states have the knowledge and information of schedules on planned power cuts or load-shedding.

The revenue losses due to power cut range between less than Rs. 1000 to above Rs 40000. Even small and medium firms incur losses above Rs. 40000, mainly in the poorer performing states. 

In states like Gujarat, Karnataka and Maharashtra, the majority lose less than Rs. 1000 implying that if the power scenario in the other states is made to mimic the scenarios in these three states, revenue losses can be brought down to as low as Rs 1000.As per survey findings, 57 per cent of the firms are of the view that cost of electricity will increase in the next six months while 43 per cent believe that it will remain the same. 
pictures of std read bacterial diseases
meet and cheat when your husband cheats why do wife cheat
rite aid coupon site coupon codes for walgreens photo
the krazy coupon lady rite aid drug store coupon prescription discount cards
naltrexone pill link clomid 50mg
viagra coupon card blog.alpacanation.com coupons for viagra
viagra coupon card blog.alpacanation.com coupons for viagra
viagra coupon card blog.alpacanation.com coupons for viagra
printable viagra coupon fyter.cn manufacturer coupons for prescription drugs
 
Email Story   Feedback   Print Story

 
Admission Notifications
GET LATEST ADMISSION NOTIFICATION
Goa Common Entrance Test on May 10, 11
UK-based University of Lincoln invites applications for MComp Games Computing programme
IMT Ghaziabad invites applications for working professionals for its Part-time and Executive PGDM programmes
YES FOUNDATION launches YES FOUNDATION Media for Social Change Fellowship
XLRI Announces Admission to Certificate Programme in Agri-Business Management
Admissions OPEN for Firstof-its-kind Work Integrated MBA Programme in Business Analytics by WNS &NIIT University
South Asian University Admission Last Date Extended

 
Exam/Test Alert
GET LATEST EXAM/TEST ALERT
Delhi Judicial Service Examination; Apply now
NCHM JEE 2016: Apply by April 11
SBVU PG Ent. Test 2015
Bridge Program at NIFT: Apply by Oct 10
IUCAA-NCRA Admission Test (INAT-2014)
Combined Med Services Exam 2014
DNB PDCET July 2014: Exam on June 18


Advertisement

  Press Release
Xanax effects
Resort casino


 
Type of studies Edu Bodies Career Options/counseling Exam result/alert Others
  Medical
  Engineering
  Computer
  Law
  Humanities
  Statutory Bodies
  IIMs
IITs IITs
  Universities
  Boarding school
  Career Options
  Career Counselling
  Coaching
  Interview tips
  Resume Making
  Scholarship
  Exam result
  Exam Alert
  Admission
  Notifications
  Top colleges
  Top universities
  Kids Corner
  Schools
  Tender
IndiaEducationDiary Search

India Education Diary | Admission | Edu Tender | Scholarship | Exam | Notifications | Competitions | Exam Results | Edu Jobs
| About Us | Mission | Advertise with us | Contact Us | Feed Back |
2006-07 All rights reserved worldwide by www.indiaeducationdiary.com
India Education Diary