Reduce electricity duty from 15% to 10%: BBIA

Excelsior Correspondent

JAMMU, Sept 20: Bari Brahmana Industries Associations (BBIA) has demanded roll back on the electricity duty from 15 % to 10%.
In a meeting of the BBIA held today under the chairmanship its president, Lalit Mahajan the members discussed the issue in respect of increase in the Electricity duty from 10% to 15% vide SRO No- 493 dated 02-08-2019 by JKPDD which will put extra burden on the Industrial Units as well as Common people of the State.
During discussions, the members present raised the serious concern in respect of increase of Electricity duty from 10% to 15% putting extra burden on the existing Industrial sector as well as on the common people of the State.
It is pertinent to mention here that the Industrial sector of Bari Brahmana is paying around Rs 150 crores per annum to the Power Development Department with the transmission loss of 5 to 6% which is much lower than the National figures and it is unjustified to increase the rate of Electricity duty without any valid reason.
It is worthwhile to mention here that Industries Department is working on war footing basis to bring new investment in the State on the basis of subsidized power tariff for Industrial Sector but on the other hand the Power Development Department increased the Electricity duty form 10 % to 15% without any consultation with the stake holders of J&K and common people in spite of the fact that in the neighbouring State Himachal Pradesh the Electricity duty is 5% only and we fear that the prospective investor of Industrial Sector may opt for setting up of their units in Himachal Pradesh.
BBIA appealed to the Governor Satya Pal Malik to intervene into the matter to roll back the enhancement in the electricity duty from 10 % to 15%.
Tarun Singla, senior vice president, Ajay Langer vice president, Viraaj Malhotra – general secretary, Rajesh Jain – secretary and Vivek Singhal- Treasurer BBIA and other members also attended the meeting.

LEAVE A REPLY

Please enter your comment!
Please enter your name here