IDCG study finds 45 of businesses in Goa rely on polluting and expensive Diesel Generators

Goa | Tuesday | 10th August, 2021

Summary:

Industries pay 5 to 10 times more whereas educational institutes spend 10 timesthe cost of power from the grid for each hour they rely on diesel-based power. This significantly reduces profitability and competitiveness of Goan businesses impacting their ability to investment more in the state and elsewhere. Below are the keyfindings from the IDCG study:• 100% large industries and 75% medium and small industries are greatly dependent on gensets to meet their power requirement. More than 45% of them rely largely on Diesel Gensets. • 100% industrial units and hotels use or more captive power units including diesel/ petrol genset..