Home / Knowledge / News / Textiles / Bangla textile industry stares at gas shortage
Bangla textile industry stares at gas shortage
23
Dec '15
As Bangladesh faces a gas shortage, Prime Minister's adviser Towfiq-e-Elahi Chowdhury has urged textile industry leaders to use alternative fuel like diesel for running their respective captive power units as there is little possibility of raising the country's gas supply within the next two years.

“You (captive generator) can use imported low-priced diesel for next two years as gas supply through LNG will be increased by that time,” Chowdhury said at a seminar on 'Energy Efficiency and Textile: Lifeline of the Economy' organised by the Bangladesh Textile Mills Association (BTMA) in Dhaka.

As exporters, they will get duty drawback but they need to identify the way how to administer and BTMA can take the lead role in this regard, he said assuring the industry of the government's support.

A liquefied natural gas (LNG) floating terminal is being set up and an additional 500 mmcf gas to 600 mmcf would be added after two years, Chowdhury said describing the government's other moves including exploration of 10 wells.

He advised the millers to increase their efficiency level at least to 60 per cent.

BTMA President Tapan Chowdhury said textile millers are resorting to energy efficiency devices through co-generation process and other means to get maximum output from use of gas.

“Efficiency level is found to exceed over 80 per cent in this case,” he said adding the present grid line has not yet reached a level which can assure 100 per cent reliable power supply without disruption.

“Till such time, we deserve to get gas supply for our uninterrupted production at reasonable rate not to jeopardise our competitiveness,” he said demanding gradual approaches in raising tariff giving the industry time and space to adjust with the changes.

Textile millers have invested hugely in gas-based captive power plants as the government was not able to supply adequate power to the industrial plants, he said.

Chowdhury said the sector has been put in a disadvantageous position in recent times due to the increases in minimum wage and gas tariffs for captive generators, which the textile millers and spinners use.

Last year, the government hiked the gas price to Tk 8.36 per cubic metre from Tk 4.18 per cubic metre for the textile sector, giving the excuse that millers and spinners were wasting precious gas by running captive power plants. The government is mulling further increases early next year, according to industry insiders.

AK Azad, Managing Director of Hameem Group, said diesel is not cost-effective alternative for captive power generators.

“We want guarantee that after two years, gas supply will be increased,” he said and pointed out that in reality, the government is not able to keep its promises within the timeframe.

The industry also wants a roadmap regarding power supply and assurance for existing and future investment, he said. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search