FTCCI organised a Trade interactive meeting with the CMD of TSSPDCL

Hyderabad, February 21, 2024: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) organized a commerce representatives interactive meeting with Musharraf Faruqui, CMD, TSSPDCL(Telangana State Southern Power Distribution Company Limited) on Monday night time at its premises in Red Hills.

The 40 commerce representatives representing organisations corresponding to the South Indian Cement Manufacturers’ Association (SICMA), Telangana Spinning & Textile Mills Association (TSTMA), Telangana Iron & Steel Manufacturers Association (TISMA), Telangana And Andhra Plastics Manufacturers Association (TAAPMA), The Talent Search Sports Development Association (TSSDA), All India Rubber Industries Association, AIREEA, Energy Committee Members and so on participated in the meeting.

Addressing the gathering, Musharraf Faruqui identified that the land value in Telangana is larger in comparison with different states, posing challenges from land acquisition to the set up of massive tasks. He emphasised the authorities’s concentrate on releasing the New Energy Policy. He assured to deal with points raised by associations, together with permissions for open entry energy for brand new industrial models, instructed amendments to Open Access Regulations, and tips to include deadlines for granting permission to new models.

The further points mentioned included the enhancement of Net Metering Capacity to five MW, wheeling permission for renewable power, challenges confronted by Sponge Iron Units in acquiring vital permissions and NOCs for Waste Heat Recovery Boilers, and one-time settlement for electrical energy cost dues to assist the reopening of industrial models.

FTCCI President, Meela Jayadev, in his welcome tackle, urged the CMD to think about constructive measures to resolve the challenges confronted by power-intensive industries, photo voltaic builders, and open-access builders.

FTCCI Energy Committee Chairman, Sri Vinod Kumar Agrawal, requested to allow Open Access to avail cheaper energy and in addition to cut back the value of OA by contemplating Wheeling costs primarily based on energy consumed.

Immediate Past President, FTCCI Sri Anil Agarwal, has requested permissions for the set up of Waste Heat Recovery Boilers (WHRB) and Wheeling of energy from one plant to a different.