The Biz Reporter
Srinagar, Nov 10: The Kashmir Valley is facing a severe crisis as unscheduled power cuts wreak havoc on businesses and the industrial sector. Industrial units report production losses exceeding 60%, adding to the financial strain with extra expenditures on idle wages due to machinery downtime during load shedding.
The Kashmir Chamber of Commerce and Industry (KCCI) voiced deep concern over the inconsistent policies of the Kashmir Power Distribution Corporation Limited (KPDCL). Despite promises of flawless electric supply through smart meters, power supply in the region has been erratic throughout the year, causing frustration among consumers.
KCCI criticized the KPDCL’s failure to adhere to the announced schedule, stating, “The Department is continuously failing to meet consumer aspirations and resorting to false propaganda.” Despite claims of procuring power from Uttar Pradesh and negotiations for more from the central grid, no significant improvements have been observed.
Aijaz Shahdhar, President of the Kashmir Traders Association (KTA), highlighted the ongoing power crisis, emphasizing the disregard for the curtailment schedule announced by KPDCL. This inconsistency has affected various sectors, including industries, businesses, general trade, manufacturing, and the emerging e-commerce sector in Kashmir.
Businessmen have collectively called upon the Lieutenant Governor to intervene personally, urging officials to ensure reliable power supply, especially during the harsh winter months. Despite efforts by the Power Development Department (PDD), a senior official acknowledged the widening gap between supply and demand.
In response to the crisis, the Union Territory of Kashmir seeks additional power supply through the central power exchange, aiming to alleviate the plight of residents. However, even with an anticipated 700 MW of supplementary power, the Kashmir Valley grapples with an alarming energy deficit, leaving businesses, industries, and residents in the dark.