JAMMU, April 24 -- The Federation of Industries Jammu (FOIJ) has strongly opposed the proposed power tariff hike for FY 2025-26 submitted by Jammu Power Distribution Corporation Ltd. (JPDCL) to the Joint Electricity Regulatory Commission (JERC), calling it an economic death sentence for the industrial sector in Jammu and Kashmir Union Territory.
In an urgent meeting chaired by Lalit Mahajan, Chairman FOIJ, and attended by Co-Chairmen S.C. Dutta, Jatinder Aul, Ajit Bawa, Raman Jolly, and Viraaj Malhotra (Convenor), along with a large number of industrial stakeholders, the Federation expressed grave concern over the proposed 100% increase in power tariffs.
FOIJ termed the proposed hike as a "Black Warrant" for both existing and newly establ...