Summary:
Experts say that the slowdown in growth and use of captive power by industries are the key the reasons behind this decline. According to data from Power Finance Corporation (PFC), the share of power consumption by industries in Tamil Nadu had come down to 24.82 per cent in 2013-14 from 37.33 per cent in 2011-12. Majumdar also pointed out that many industries have moved towards captive power consumption using DG sets, small thermal power plants (captive as well as group captive) or renewable energy sources (both captive and group captive). Rise in tariffTamil Nadu had increased its industrial power tariff by 30 per cent and had also imposed restrictions on power use by industries in 2014. Then there was a 90 per cent power cut..