But subsequently, industry representatives have persuaded government to call off the move.Official sources said till a final decision was taken, the existing power cut and the peak hour cut (6 pm to 10 pm) would continue. State Electricity Minister, Mr N Veerasamy had announced the power holiday proposal after chairing Tamil Nadu Electricity Board's Power Management meeting with industry bodies.
At the meeting, the industrialists were given two options - reduction in existing power cut and introduction of two power holidays in a week. The industries had accepted the second option, he had said. The Southern India Chamber of Commerce and Industry backed the government move but wanted transparency in the implementation.
"It is a positive indication from the Government and what I think is everybody should support the government than criticizing it,'' SICCI Secretary, Mr S Raghavan told PTI. Appreciating the government's initiative, he said the government should stick to its word on implementing the proposal and make sure that there was some kind of relief for the industries as the power shortage was adding to the woes of the industry, which is gripping with global meltdown.
Source - Business line