Industries expect power crisis to hit production, seek subsidy on diesel

The acute shortage of quality electricity in Karnataka is causing distress for industries in the state. The shortage is due to factors such as a drop in hydel power production and a shortage of quality coal. Industry leaders are urging the government to introduce relief measures, including subsidizing diesel for captive generation and reducing electricity tax. They argue that relying on diesel is increasing production costs. The government has reminded industries that a subsidy on diesel is already in place, but industry leaders believe additional assistance is needed.