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The umbrella organizations of the private sector have requested the government to regulate the electricity supply saying that load shedding has started for 12 hours in the industrial sector. The Federation of Nepal Industry and Commerce and the Confederation of Nepal Industry have released a statement on Thursday saying that industrial production has decreased due to announced and undeclared load shedding.
The federation claims that the loadshedding that is repeated repeatedly in the industrial sector in an announced-unannounced manner is having a serious impact on industrial production and the business environment.
"Electricity has been cut for 12 hours irregularly and without advance notice in various industrial areas across the country," the statement issued by the federation said, "Industries are facing a big problem due to load shedding, regular and emergency power interruptions are disrupting the continuous operation of industries and causing unexpected effects on the production process. There has also been a huge decline in production.
Confederation also said that production costs have increased due to non-provision of electricity in industries. "Some time ago, the Nepal Electricity Authority exported electricity to Nepal's industries by load shedding," said the statement issued by the confederation.
The federation claims that the authority is harassing the industry by causing loadshedding for 12 hours a day. In addition to having a serious impact on the investment environment, the Confederation says that it is suspected that establishing a new industry and expanding the industry should be seriously considered. While the government is trying to promote indigenous industries and improve the morale of the private sector by improving the law and creating an investment environment, the loadshedding by the authority has hurt the industry.
